Charles Sternberg, Associate Editor11.26.19
This year, AkzoNobel is celebrating its 100th anniversary since its first wood coatings business in the US was founded in Louisville, Kentucky in 1919, but that’s not all the Dutch company has to celebrate.
AkzoNobel has invested $55 million to transform its wood coatings facility in High Point, North Carolina, and further strengthen the company’s market position in North America.
This investment is the company’s largest investment globally right now and a big deal for the community in High Point. At the groundbreaking ceremony on Nov. 15, Thierry Vanlancker, CEO of AkzoNobel, was in attendance, as well as Anthony M. Copeland, the North Carolina secretary of commerce; Simon Parker, global business director, Industrial Coatings; Ard Van Der Vorst, consul general, Consulate General of the United Kingdom of the Netherlands (Atlanta); and Jay Wagner, the mayor of High Point.
Despite AkzoNobel representing 25 percent of the coatings market, the company’s
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