Lexington, N.C., January 17, 2023-Egger Group, a manufacturer of wood-based materials, has acquired the business and assets of Novem Industries Inc., a wood recycling facility located in Charlotte, North Carolina, reports Woodworking Network.
The global hardwood flooring market size is expected to reach $61.78 Billion in 2028 and register a revenue CAGR of 4.3% over the forecast period, according to the latest report by Reports and Data.
Egger Timberpak has begun operations at its £15 million recycling plant in Hexham, Northumberland, which will increase recycled content in finished Egger products.
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