Egger (company) explained

Fritz EGGER
Type:Public
Industry:Wood, Manufacturing
Products:MFC, MDF, OSB, Laminates, Flooring, Decorative Faced Boards, Building Products
Revenue:€ 4.13 billion (2023/2024)
Num Employees:>11,000
Foundation:1961
Location:St. Johann in Tirol, Austria
Homepage:http://www.egger.com/

EGGER is a global family company founded in 1961 in Tyrol, Austria, where it is currently based. The company produces wood-based panel products. EGGER has 22 production sites globally[1] located in Europe (Austria, Germany, France, Italy, Poland, United Kingdom, Romania, Russia and Turkey) and the Americas (Argentina and the United States). It currently has 25 sales offices worldwide (located in France, Belgium, Denmark, Italy, Switzerland, Slovenia, Lithuania, Ukraine, China, Japan, India, Chile, Taiwan, Australia, Romania, Croatia, Czech Republic, Hungary, Poland, Serbia, Bulgaria, Turkey, Russia, Belarus and Argentina).[2] In 2006 the company invested €210 million in the construction of a new production site located in Rădăuți, Romania with a capacity of 600,000 cubic meters of melamine faced chipboard.[3] At the Romanian site the company operates a combined heat and electricity cogeneration power station with a capacity of 40.5 MW.[4] In 2017, the company invested $700 million for the construction of a new production facility, Egger's first manufacturing plant in the United States,[5] located in Lexington, North Carolina. Ground broke in 2018, and production started in September 2020.[6]

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Notes and References

  1. Web site: Our Locations EGGER. 2021-10-02. www.egger.com.
  2. Web site: Quality Materials for Furniture, Construction & More | EGGER.
  3. Web site: Egger investeste peste 210 milioane euro in prelucrarea lemnului. 17 October 2006. Wall Street. Romanian. 30 April 2013.
  4. Web site: In vreme de criza, austriecii de la Egger investesc 53 de mil. euro la Radauti. 20 January 2009. Wall Street. Romanian. 30 April 2013.
  5. Web site: Myers. Sharon. 24 July 2017. EGGER to invest $700 million in Davidson County. The Dispatch. Gate House Media, LLC. English. 8 October 2018.
  6. Web site: Lexington, North Carolina EGGER. 2021-10-02. www.egger.com.