The expansion will consist of a $20 million investment in new buildings at our headquarters. The facilities will add half a million square feet of new production space, and a new R&D center with focus on continuing to lead the development of waterproof flooring and take the category to a new level.
In the past decade, CFL has brought unique and first-to-market innovations to their U.S. flooring partners. A $5 million capital investment for WPC (Water Proof Core) production was initiated in 2015 and production is now fully on stream. This will be followed by another $9 million investment in 2016 for additional machinery and new buildings.