Caddo River Forest Products To Reopen Arkansas Lumber Mill
Caddo River Forest Products announced they are planning to reopen the Glenwood, Arkansas sawmill. The company will invest up to $50 million in the facility, creating 136 new jobs with 200 to 300 new indirect jobs also expected in the area as a result of this project.
“Caddo River Forest Products is thankful for all of the support received from CAT Financial, the Arkansas Department of Environmental Quality, the City of Glenwood, Pike County, the State of Arkansas and the U.S. Economic Development Administration program,” said David Henderson, a member of the Caddo River partnership. “We are pleased to bring back important jobs to the area.”
Caddo River Forest Products plans on manufacturing dimensional and specialty lumber. The re-start of the mill will also provide indirect employment opportunities for loggers, landowners and transportation specialists.
The U.S. Economic Development Administration (EDA) will provide a grant of $817,726 to the city of Glenwood to make water and roadway infrastructure improvements needed to serve the Caddo River Forest Products facility.
“EDA is pleased to partner with Glenwood in providing much needed infrastructure improvements to bring this sawmill facility back online,” said Jorge D. Ayala, EDA’s regional director. “This investment will drastically improve and expand the economic opportunity of Glenwood and will strengthen a community that has suffered disproportionate economic distress and job losses.”
From THV 11 News: thv11.com.
Latest News
Trump’s ‘Get Tough’ Trade Plan Could Benefit Maine Lumber Industry
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Maine sawmills and timber harvesters could benefit if President-elect Donald Trump goes through with a draft plan to aggressively renegotiate trade terms for competing softwood lumber imported from Canada. A Trump…
U.S. Export Duties On Canadian Lumber To Cause Market Chaos, Soaring Prices
In WOOD MARKETS’ new five-year Softwood Lumber Chapter forecast, U.S. duties on Canadian lumber exports to the U.S. are expected to cause short-term chaos after they are announced in early Q2/2017. This new development alone…
Freres Lumber Unveils MPP, Adding Plant In 2017
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Capitalizing on the current interest in building large-scale wooden buildings and more multi-story wooden structures, longtime Oregon plywood and veneer producer Freres Lumber has introduced the “Mass Plywood Panel” (MPP), a…
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.