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
Everett Pulp Mill To Be Demolished
Kimberly-Clark said Thursday it plans to demolish its closed pulp-and-paper mill on Everett’s waterfront and sell the 66-acre property. The company laid off 760 employees before shutting down the roughly 80-year-old plant earlier this month.…
Sawdust Ordered Removed From B.C. Mills
In an unprecedented, precautionary crackdown, safety officials are ordering every sawmill in British Columbia to remove all accumulated sawdust from their premises, a factor cited as a possible trigger of two catastrophic mill explosions in…
Canfor Announces Capital Investments In Kootenay Sawmill Operations
Canfor Corporation recently announced that the company will be proceeding with capital improvement projects totaling approximately $40 million in its sawmill facilities in the Kootenay region of British Columbia. These investments represent the first major…
B.C. Braces For Timber Supply Slump
Beetle-killed pine trees across the B.C. Interior will start to become uneconomical to log in the next two to five years, resulting a steep drop in timber supply and employment, according to a technical report…
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.