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
Freres Fire Response Lawsuit Dismissed
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); A federal judge has ruled against Freres Lumber Co. and subsidiary Freres Timber of Lyons, Ore., dismissing the company’s lawsuit against the U.S. Forest Service (FS) over its response to the…
GP Redeveloping Headquarters Site
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Georgia-Pacific announced in September initial plans for one of the country’s largest mixed-use redevelopments and the intent to transform its iconic 51-story world headquarters in downtown Atlanta and the surrounding city…
Comact Releases 100th Anniversary Short Film
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Comact, a leading OEM in high-caliber wood processing equipment, digital technologies, cutting solutions, project services, and aftermarket support supplier, is proud to celebrate its 100th anniversary with a short film that…
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.