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
Weyerhaeuser Joins International Voices In Support Of Forest Certification
Weyerhaeuser Company this week joined 25 of the world’s leading forest products companies in announcing the need to significantly scale up sustainable forest management. Weyerhaeuser and the 25 other members of the World Business Council…
North American Lumber Prices Surge As Sawmills Run Short
Worldwide demand for North American hardwoods climbed faster than supply in October and lumber prices followed suit. Many concentration yards were low on both kiln-dried lumber to sell and green lumber to put in dry…
Ohio’s Carter Lumber To Close 26 Stores, Focus On Growth In Larger Markets
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Kent, Ohio based Carter Lumber announced that it was closing 26 stores as the building materials supplier focuses on growing in its larger markets. The 26 stores are in 23 markets…
Shuttered B.C. Sawmills Cause Unseasonal Spike In Lumber Prices
Lumber traders struggled back to their desks Monday morning after an epic North American Wholesale Lumbermen’s Association AGM in Las Vegas, NV, last week to discover very weak field inventories, rising lumber prices and continued…
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.