BE&E Parent Company Announces $16.2 Investment In Kentucky Plant
Floyd Holdings has announced a collaboration with the Commonwealth of Kentucky and BE&E’s Greenville Manufacturing operation, whereas BE&E will partner with the state to invest in the expansion of the current operation. When completed the facility will occupy more than 84,000 sq. ft. of production space located on more than 25 acres. The Greenville Manufacturing facility will be the first occupant in Muhlenburg County’s new Industrial Park.
The Greenville Manufacturing expansion will create nearly 250 new jobs over the next five years. A welcome reprieve, as job stability in the region has taken a hit in recent years.
According to Floyd Holdings CEO Dane Floyd, “Our companies have experienced incredible growth, and we had to decide where to grow next. Starting almost from day one in Greenville, the outreach and support of local leaders like Mack McGehee (County Judge/Executive) and Ray Hagerman, (Executive Director, Muhlenberg Economic Growth Alliance) have reinforced what a great community we have been welcomed to. Great employees, forward-thinking local leaders, great training facilities, and support from the Commonwealth of Kentucky, and Governor Andy Beshear’s office made my decision easy.”
The expansion will establish better workflow, invest in newer purposeful equipment, and skilled craftsmen. The expansion increases BE&E’s capacity to tackle existing projects, and is mindful of accommodating larger builds.
Latest News
Interfor Completes Acquisition Of Simpson Lumber Sawmills
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Interfor Corporation (IFP) announced today it has completed the acquisition of four sawmills from Simpson Lumber Company, LLC, increasing its annual lumber production capacity by 30 percent to 3.1 billion board…
Shrinking Timber Supply Sends B.C. Companies On U.S. Mill Buying Spree
At first blush, year-end financials and stock prices for B.C.’s largest forest companies would suggest the province’s forestry sector is well on the road to recovery after a decade-long slump. Interfor Corp., for example, posted…
Northwest Hardwoods Completes Acquisition Of Industrial Timber & Lumber
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Northwest Hardwoods Inc. (NWH) has recently completed the acquisition of Industrial Timber & Lumber Company (ITL) based in Beachwood, Ohio. NWH is headquartered in Tacoma, WA and has operations in the…
Martco To Build OSB Facility In Corrigan
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Martco L.L.C. announced the selection of Corrigan, Texas as the location for a new, state-of-the-art oriented strandboard (OSB) facility. The facility is expected to employ 165. Construction is scheduled to begin…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.