In order to better serve the North American market, EGGER, a wood-based material supplier for the furniture, wood construction, and flooring industries, will invest $700 million over the next decade and a half to build its first U.S. manufacturing facility.
The facility, which will be built in North Carolina’s Davidson County, will be a particleboard manufacturing plant that will enable EGGER to better serve customers in North America and improve access for architects and designers. The new plant is expected to create 770 jobs and will kick off with the first phase of development over the next six years. During this phase 400 jobs will be created with an initial investment of $300 million.
In addition to the jobs the new facility directly creates, it will also provide a benefit the greater Piedmont Triad region as it will work with local wood suppliers to acquire wood byproducts from regional sawmills and work with a wide range of suppliers for additional services.
Construction on the project’s first phase is expected to begin at the end of 2018 with production slated to begin in 2020.