US Facilities · Building materials
Nichiha to invest $120 million in its Georgia fiber cement siding plant
- Company
- Nichiha (Nagoya)
- Project
- Nichiha USA (Macon plant), Macon, Georgia
- Value
- $120M expansion
- Status
- Announced on August 2, 2018.
- Date
- 2018-08-02
Nichiha said it would invest $120 million to expand its fiber cement siding plant in Macon-Bibb County, Georgia, adding 74 jobs.
Why it matters
The expansion raised Nichiha's local output of siding for the US housing market instead of relying on supply from Japan.
Sources
Kakehashi M&A News home
