AkzoNobel Breaks Ground on U.S. Wood Coatings Site Expansion
AkzoNobel reports that modernizing the site will make production more flexible and efficient and will enable the company to better serve all its customers and partners.
AkzoNobel recently announced that a groundbreaking ceremony has taken place at its North American wood coatings facility in High Point, N.C., to officially kick start a €50 million (approximately $55 million) investment that will transform the site’s manufacturing capability. According to the company, the extensive upgrade will include installing state-of-the-art production technology, as well as building a new raw materials warehouse, research lab, and technical application center. The ceremony was held just a few months after the company marked 100 years of being in the wood coatings industry in North America.
“This is an historic moment which will help us reinforce our market leadership and further strengthen our commitment to our customers in North America,” said Thierry Vanlancker, AkzoNobel’s CEO, who was joined at the event by company executives, state and local dignitaries, customers, and more than 200 site employees. “This investment clearly signals our intentions. We’re looking to accelerate our growth in the region and High Point has a vital role to play as we continue to build and expand market positions across our wood coatings portfolio.”