# AkzoNobel unveils $55M expansion of wood coatings campus in High Point

AkzoNobel announced a $55 million expansion of its wood coatings manufacturing campus in High Point, North Carolina, including a new research and development center and a production plant expected to be fully operational later in 2023.

- Type: Expansion
- Announced: 2023-06-23
- Where: High Point, North Carolina, United States
- Value: $55.0M
- Starts operating: 2023
- Status: under construction
- Products: wood coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [AkzoNobel](https://endata.com/companies/11242.md)

## Sources

- [hpenews.com](https://www.hpenews.com/news/akzonobel-unveils-55m-expansion/article_de4bd54a-d922-5d6b-8804-6da17a79e69d.html), 2023-06-23: "When we decided to make this investment in High Point, it was in recognition that High Point is the center of the wood coatings industry in North America."

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