Florida’s Rex Lumber Eyes Expansion With New Mill In Southeast
Rex Lumber, headquartered in Graceville, Florida is expanding with a greenfield sawmill in the Southeast. Rex currently operates three sawmills, two in the Florida Panhandle and one in Mississippi, producing a total of 575 million board feet annually. This will be Rex Lumber’s third sawmill expansion in the last seventeen years.
Annual production for the new mill will be a minimum 240 MMBF. Several potential sites have been identified in the Southeast. Rex Lumber anticipates the total capital cost to be approximately $110 million, including startup and working capital. Over 110 new direct jobs are expected to be created with this new location. A final decision on the project location is expected early 2018 with construction launching shortly after location is decided.
Rex Lumber, founded in the 1920’s by W.D. McRae, continues to be owned and operated by the Finley McRae family of Graceville. The family looks forward to bringing a southern yellow pine sawmill to a new community in the South.
RELATED ARTICLES
Timber Processing October 2020
Latest News
New Southern Pine Lumber Design Values Approved
On January 31, the American Lumber Standards Committee (ALSC) Board of Review unanimously approved the new southern pine design values previously submitted by the Southern Pine Inspection Bureau (SPIB). The new values were rescheduled for…
Huge South Carolina Lumber Mill Could Start Up This Year
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Klausner Holding USA’s plans to construct a large lumber mill in Rowesville are taking a little longer to come to fruition than elsewhere, but officials say the project is still under…
Stimulus-Funded Lumber Mill Closes In Idaho
Emerald Forest Products in Emmett, Idaho has closed its lumber operation and laid off 50 people. The owner is looking for a buyer. The company, which began in 2010 with help $4 million in federal…
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.