Market Updates

AkzoNobel Upgrades Coatings Manufacturing Site In North Carolina

April, 2019

AkzoNobel announced an investment to upgrade its manufacturing coating facility in Carolina to get a strong foot hold in the US wood coatings. This step of investment of multi million dollars is to improve their wood coatings business.

This major goal with investment reorganizing manufacturing operations at the site and will include the addition of automatic dosing unit technology to produce paint more efficiently. The restructuring and expansion will include a research laboratory, technical application center and raw material warehouse. Construction is projected to begin in April 2019 and the current projects are like to roll out by 2020.

As per the CEO of AkzoNobel, this investment is likely to enable the company to meet and exceed the expectations from the customers. The key market for the company’s wood coating business is the US. The company focuses on delivering world class products and services to get trusted customers.

North American supply capability for wood finishes will be increased by investing in High Point. The company has plants in multiple locations, including Roanoke, Virginia; Salem, Oregon; Warwick, Quebec; and Port Hope, Ontario. These will assist the company to be ahead in the market by providing visionary services, and also position itself as a frontrunner in the wood coatings industry.

Currently, the facility is spread around in 30 acres with more than 250 employees. The site produces a wide range of products, including UV, solvent-based and water-based wood coatings, such as paints, stains and lacquers.

According to Simon Parker, Managing Director of AkzoNobel’s Industrial Coatings business, the investment in this facility will enable the firm ensuring satisfaction of all their customers and partners, including direct OEM building product customers and Chemcraft distribution partners.

– Vasundhra Singh,
Assistant Research Executive,
Infoholic Research