Lumber Markets Keep Growing
—Teal Jones In Louisiana
Teal Jones Group marked the beginning of construction of an $110 million SYP sawmill near Plain Dealing, La. on July 11 with a groundbreaking ceremony.
Canada-based Teal Jones Group had disclosed in December it was considering northwest Louisiana as the site of a sawmill. Site preparation of the 235 acre greenfield facility has begun and is expected to be completed by third quarter 2023. Site work includes creating access to nearby railway infrastructure and timberlands, which the company cited as key factors in its decision to build its first plant in Louisiana.
The company, which is headquartered in British Columbia, operates SYP mills in Antlers, Okla.; Martinsville and Kinsale, Va.; and Liberty, Miss.
The facility will produce a range of dimension and specialty lumber products with a production capacity of 300MMBF per year.
—STP-Tolko In Mississippi
Southeastern Timber Products LLC, an STP Holdings-Tolko Industries partnership, announced a $150 million U.S. investment in the STP sawmill in Ackerman, Miss. The investment is the next step in an expansion project that will upgrade the mill from 120MMBF to 250MMBF annual capacity. The project will conclude in the first quarter of 2024. The mill has already implemented some recent upgrades.
Claw Forestry Services affiliates, part of the STP Holdings group, recently announced plans to build a new sawmill in Gloster, Miss., and recently totally upgraded a sawmill in Vicksburg, Miss.
Latest News
Timber Industry Booming In Alabama
Contrary to popular belief that urban encroachment is depleting forests, timberland is actually increasing in Alabama. The state now has a record-high 23 million acres of timber, putting it third in the country behind Georgia and Oregon, according to a new report by...
U.S. Forest Service OKs Grant For Kentucky, Tennessee In Hemlock Killer Battle
The U.S. Forest Service has approved a grant sought by Kentucky and Tennessee in their effort to protect hemlock trees threatened by an invasive pest, officials from both states said. The hemlock woolly adelgid, an Asian insect that was first found in Virginia in the...
Have A Question?
Send Us A Message