AkzoNobel announces a multimillion-dollar investment to its wood coatings facility in High Point, N.C., to further strengthen the company’s marketing position in the U.S.

It will include the addition of automatic dosing unit technology to produce paint more efficiently, a new raw materials warehouse, research lab and technical application center, according to the company.

Construction is due to begin in April 2019, with rolling projects expected to be completed by 2020.

"This is a significant investment, which will further enable us to meet and exceed our customers' expectations," AkzoNobel CEO Thierry Vanlancker said in a statement. "The U.S. is a key market for our wood coatings business, and our customers trust us to deliver world-class products and services.

For more, visit www.akzonobel.com.