The acquisition will enable Wienerberger to expand its range of innovative and environmentally friendly building envelope solutions aimed specifically at the building renovation segment.
In 2023 the U.S. residential construction decreased for the second consecutive year. 1.41 million new houses were built last year, down 9% on 2022. The outlook is negative also for the year 2024.
A new plant is due to come into operation at the site in Baxter, Tennessee this spring. It will focus on the production of large sizes and trims, products that are in strong demand in the US market.
The project began in 2022 with the installation of a new kiln and has now been completed with the start-up of the first Continua+ line, with capacity soon set to double.
A major technological modernization plan has now been implemented with a new Sacmi dryer and modular mill, resulting in a more sustainable and efficient management of different products and sizes.
Large sizes, with complete plant engineering solutions and innovative technology for slab decoration, to take center-stage at the Coverings fair in Orlando (FL).
Portobello’s new state-of-the-art factory in Tennessee will be started up in April and will have a yearly production capacity of 3.6 million sq.m of ceramic tiles.
Total U.S. ceramic tile consumption in 2022 was 285.4 million sq.m, down 1.3% from the previous year. Imports by volume decreased, too, down 2.3% to 202.7 million sq.m, while national production grew by 2.3% reaching 87.3 million sq.m.
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