Northann Corp Announces Plan of Strategic Relocation of Corporate Headquarters
14 Marzo 2024 - 2:05PM
Northann Corp (NYSE American: NCL) (“Northann” or
the “Company”), a leading innovator in 3D-printed home improvement
solutions, is excited to announce its plan of the relocation of its
corporate headquarters to the American South. This strategic move
is aligned with the Company's forward-looking vision and commitment
to enhancing its market presence and customer engagement in that
region.
The new headquarters will serve as a central hub for Northann
Corp's operations, intended to foster innovation and collaboration
among its teams. Our relocation was carefully selected for its
proximity to key markets and customers, enabling the Company to
respond to and service more effectively the evolving needs of its
clientele and to seize new business opportunities.
"We are thrilled about this significant milestone in Northann's
journey," said Lin ‘Ken’ Li, CEO of Northann. “Relocating to the
south is not just a change of address; the new facility will be
functionally integrated with innovation, manufacturing, and
distribution, enabling the company to convert innovation and
technology into consumer products more effectively. The move is a
strategic decision that positions us closer to our customers and
aligns with our strategy for growth and innovation. We are
confident that this move will strengthen our ability to serve our
clients and partners more efficiently and effectively.”
It is expected to create 300 jobs and integrate the 3D printing
ecosystem into the middle and consumer markets more prospectively.
Additionally, the relocation will help commercialize Northann's
latest innovations to customers more swiftly and speed up the
update of new products. The transition to the new headquarters will
commence in April 2024 and is expected to be a smooth and seamless
move expected to be completed by June 2024.
After the relocation of the headquarters, Northann will continue
to maintain its branch in California, ensuring ongoing support and
service to its clients in the region.
About Northann Corp.
Northann specializes in 3D-printed flooring solutions under its
flagship brand, "Benchwick." The Company's operations span the full
spectrum of additive manufacturing, from sourcing recycled ocean
plastics to the final production of intricate flooring designs.
Northann offers its 3D printing ecosystem as an extensive range of
proprietary solutions, including Infinite Glass, DSE, TruBevel, and
MattMaster, primarily through its sales network in North America
and Europe. The Company aims to redefine the essence of modern
flooring and wall panels by offering stylish, durable, and
ecologically conscious solutions.
For more information about Northann , please visit
www.northann.com.
Forward-Looking Statement
This press release contains forward-looking statements.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may, "will, "intend," "should," "believe," "expect," "anticipate,"
"project," "estimate" or similar expressions that do not relate
solely to historical matters, it is making forward-looking
statements. Forward-looking statements are not guarantees of future
performance and involve risks and uncertainties that may cause the
actual results to differ materially from the Company's expectations
discussed in the forward-looking statements. These statements are
subject to uncertainties and risks including, but not limited to,
other factors discussed in the “Risk Factors” section of the
registration statement filed with the SEC. For these reasons, among
others, investors are cautioned not to place undue reliance upon
any forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the SEC, which
are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof.
For investor and media inquiries, please
contact:
Investor RelationsNorthann Corp.Email: ir@northann.comPhone: +1
(916) 573-3803
Skyline Corporate Communications Group, LLCScott Powell,
President1177 Avenue of the Americas, 5th Floor
New York, NY, 10036Office: (646) 893-5835
x2Email: info@skylineccg.com
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