Kronotex facility to add fiberboard mill, expand flooring production

DEC. 22, 2015 | A Swiss company will invest $230 million and create 105 new jobs in an expansion of a Barnwell County plant, officials announced today. To support the expansion, the Coordinating Council for Economic Development has approved job development credits, as well as a $1 million Rural Infrastructure Fund grant to Barnwell County to assist with the costs of real property improvements related to the project.

Swiss Krono Group, one of the world’s leading producers of engineered wood products, and its American subsidiary, KronotexUSA Holdings, Inc., is investing $230 million to build a high-density fiberboard (HDF) mill and expand its laminate flooring production, an investment that will create 105 new jobs over the next few years. Read more →