KronotexUSA and its parent firm Swiss Krono Group will invest $230 million to build a high-density fiberboard mill and expand the company's laminate flooring production in Barnwell County, South Carolina, a move which will create 105 new jobs over the next few years.

Laminate flooring producer KronotexUSA has named Zeb Portanova as its new president and CEO, effective Feb. 1. Portanova succeeds Norm Voss, who has been serving as interim CEO since March 2014; Voss will remain with Kronotex as a member of the board of directors.

A $45 million expansion is now underway at laminate flooring manufacturer Kronotex USA. Kronotex’s expansion project includes 225,000 square feet of additional warehouse space and new factory, administrative and sales offices.