# Novalis invests $35M in LVT plant expansion in Zhenjiang, China

Novalis Innovative Flooring completed a deal to purchase a 35-acre tract in Zhenjiang, China, to erect a new LVT plant that will double the size of its existing facility. The total investment is approximately $35 million, with completion in three phases over 36 months and Phase One by Q1 2019.

- Type: Expansion
- Announced: 2017-10-18
- Where: Zhenjiang, China
- Value: $35.0M
- Starts operating: Q1 2019
- Status: announced
- Capacity: doubling existing LVT plant capacity
- Products: luxury vinyl tile (LVT)
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Novalis Innovative Flooring](https://endata.com/companies/27723.md)

## Sources

- [floorcoveringweekly.com](https://www.floorcoveringweekly.com/main/business-builder/novalis-invests-35m-in-lvt-expansion--20842), 2017-11-01: "After looking at a variety of options and scenarios, we determined that building literally across the street from our existing plant made the best sense for servicing and supplying our customers, both in the U.S. and around the world."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.