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Alabama’s Westervelt Company Plans New Sawmill

A 130-year-old Tuscaloosa company is preparing to build a new lumber mill in south Alabama, which is expected to create more than 100 jobs and produce 250 million board feet of lumber annually. The Westervelt Co. said in a news release the new facility is still in the...

IKEA Group Acquires 25,000 Acre Forest In Alabama

IKEA Group acquired its first U.S. forest property, covering approximately 25,000 acres in Lowndes County, Alabama. The investment in forestry is part of a broader strategy to invest in the sustainable production of resources that IKEA Group consumes directly, such as...

International Paper To Invest $300 Million In Alabama Mill

International Paper is investing $300 million in its Riverdale Mill in Selma to help grow its industrial packaging business. The announcement was made Friday at the company’s headquarters in Memphis, Tennessee. “I think it’s pretty exciting in terms of investment in...