The Fiber Cements in Texas, one of the nation’s largest fiber cement producers, has closed its doors.
The closure comes just days after the company said it was closing a plant in Alabama and closing a factory in Georgia.
“We are devastated by the loss of our fiber cement factory in Texas.
We will continue to work hard to secure new production and meet the growing demand for our product,” a statement on the company’s website said.
“Fiber cement is a key ingredient in our fiber products.
We are proud of our work and believe that it has made our company stronger and that the product will be enjoyed by our customers for generations to come.”
The announcement comes on the heels of a series of setbacks for the company, which is part of a global industry that includes consumer staples such as cereal and bread.
The company has been struggling for years, having struggled to find a way to sell its fiber cement in bulk to major retailers.
Earlier this year, it announced plans to build a $100 million factory in Kentucky.
The plant will produce 1 million metric tons of fiber cement annually, the company says.
In 2018, the U.S. saw the largest amount of fiber manufacturing in the world.
“There is no doubt that fiber cement is the largest and most important material in the production of fiber, and we are confident that it will continue providing our customers with quality products for many years to come,” Fiber CEMENT CEO Greg Smith said in a statement.
“The Fiber CEM is a vital part of our product portfolio and our future is bright.”