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
Multi-Family Leads Way In U.S. Housing Jump
After a downward slip in July, U.S. housing starts, riding a multi-family hike, increased to a seasonally adjusted rate of 1.615 million in August, 3.9% above July and 17.4% over August a year ago, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new…
Forest Service Cancels Arizona 4FRI Phase 2 Process
Anxious bidders for the Phase 2 contract that’s part of the federal 4 Forests Restoration Initiative (4FRI) seeking to treat and improve forest health conditions on more than 2.5 million acres across four Arizona national forests were told to wait a…
Binderholz Implements Solutions From Trimble
Binderholz is implementing Trimble Forestry’s LIMS and WeighWiz solutions for its newly acquired sawmill location in Live Oaks, Fla. LIMS is a widely used log accounting and contracting system. LIMS provides management control over all phases of timberland, woodland, yard and mill operations…
IFG Closing Tricon Timber
Officials with Idaho Forest Group announced at the end of August the closure of its St. Regis, Mont. sawmill in late November. The company had acquired the mill in 2017 from Tricon Timber. A post on IFG’s website from August 2019 noted the company had added a sprinkler system, replaced some older equipment and…
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.