CFL is proud to announce that in order to support the fast growth of the company, and in consideration of the recent trade disputes between the USA and China, the company has initiated establishment of three new fully integrated production facilities outside of China. Products produced in these facilities will significantly expand CFL’s overall capacity, and will not be subject to the recent tariffs implemented – likely up to 25% total by January 1st. All facilities will be operational by January 2019.
Cited Tom Van Poyer, CEO: “We are committed to make our partners stronger than ever in this ever-changing and challenging business environment, and feel we are far ahead in pro-actively finding solutions for our customers. Across all categories, whether it is Laminate, SPC, WPC, or LV, we will continue to go the extra mile to bring the most innovative and differentiated products to the market place.”
Thomas Baert, President, also commented: “These manufacturing initiatives in countries outside of China mark the beginning of a more global expansion of our company. CFL has grown into a family of close to 3000 employees, and we are very committed to providing a platform for our customers to take market share in these changing times.”