American Woodmark Corporation (NASDAQ: AMWD) will increase its stock kitchen and bath cabinet capacity for east coast markets. The project will represent a total expected capital investment of approximately $65 million over the next two years and result in the creation of more than 500 new jobs. By adding a fourth facility in Mexico and expanding the Hamlet, North Carolina location, we will strengthen our overall supply chain and allow for incremental capacity in both categories on the east coast, which is one of the largest repair/remodel and new construction markets,” said Scott Culbreth, President and Chief Executive Officer.
