Fletcher Building's Formica Group has just opened a new factory in China, said to be the largest developed by a New Zealand business there.
Mark Adamson, Fletcher chief executive, announced the opening of Formica's new laminates plant in Jiujiang, a city of about 4.8 million people in the Jiangxi province.
The plant is one of the largest of the American-headquartered Formica and doubles the company's capacity in China.
Formica has been in China for more than 20 years and last decade, undertook the construction and commissioning of a new plant in Qing Pu, on the outskirts of Shanghai.
Adamson said the new Jiujiang plant had 10 production presses capable of producing 45 million square metres of laminate annually.
Paul Zuckerman, chief executive of Fletcher's laminates and panels division, said China's rapid economic development had boosted demand for better commercial and residential environments which resulted in the new plant being built.
- Anne Gibson of the New Zealand Herald
