Kronospan will begin construction of a new, state of the art, Oriented Strand Board (OSB) manufacturing plant on its 460 acre site in Oxford, Alabama. The new facility, employing 125 associates, will have a footprint comprised of 44 acres of new development, including substantial areas designated for product storage, rail spur and loading docks. Groundbreaking for the new, $350 million, facility is slated for later this year.
This latest expansion is one of several new investments Kronospan has made in recent months. New equipment for the site include an extension of its existing Medium Density Fiberboard (MDF) press, a new water treatment plant, expansion of manufacturing capacities of its existing Particle Board plant and the ongoing construction of a new wood yard. Capital projects of over $89 million USD have occurred in the last 6 months or are currently in progress at the Oxford site.
Kronospan is one of the world’s leading producer of wood panel products. Kronospan’s Oxford, Alabama facility is the largest and most vertically integrated wood products site in North America.
