Walter Schiegl, Bernhard Vorreiter, Steve Googe,  executive director of the Davidson County Economic Development Commission, Michael Egger, Karl Grasser and Mario Bobsin during the announcement of the investment project in North Carolina

During an official meeting in July with the Governor of North Carolina, Roy Cooper, and representatives of local authorities, Michael Egger and Walter Schiegl of Egger Group Management Technology/Production, announced plans to build a wood-based materials plant in Lexington, North Carolina.

Michael Egger during the  announcement of the investment project in North Carolina

The project implementation is scheduled to take place in several stages, the first being the construction of a chipboard plant with coating capacities. The first project phase involves an investment volume of approximately €260m and will create 400 direct jobs over the next six years. Assuming all agreed framework conditions are fulfilled and the relevant permits are obtained, construction should start by the end of 2018. Production should start in 2020.