Hankins Lumber To Restart Grenada, Mississippi Sawmill
Officials from Hankins Lumber Co. announced that the company is reopening its southern yellow pine lumber facility in Grenada, Miss. following a 15 month closure due to the downturn in the economy. The project includes a $1.5 million investment and is creating 120 jobs, many of which will be filled by former employees.
“We are pleased that we are able to reopen our facility and bring our employees back to work,” says Al Hankins, Hankins Lumber Company President. “It was difficult to have to close the operation down for any length of time, but with the resurgence of the housing market and the renewed demands for timber products, we believe it now makes economic sense to reinvest in the business. We are eager to hire our employees back and get started.”
The Mississippi Development Authority provided assistance in support of the project to refurbish a rail spur that services the company’s site. Grenada County provided assistance for the project as well.
Hankins Lumber Co. began operations in 1972. The company uses southern yellow pine from throughout the state of Mississippi to produce its dimension lumber and boards.
From WCBI: wcbi.com.
Latest News
Arizona Seeks Huge Forest Investment
Article by Dan Shell, Senior Editor, Timber Processing October 2019 Lumber-producing companies make investments all the time to capitalize on targeted resources and wood baskets. What kind of investment would it take to handle 1.097…
Alamo Group Acquires Morbark
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Stellex Capital Management, a middle market private equity firm, has entered into an agreement to sell Morbark, LLC, a leading manufacturer of high-performance equipment and after-market parts for the forestry, recycling,…
SmartLam Relaunches As SmartLam North America
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Cross-laminated timber producer SmartLam has expanded as SmartLam North America under new leadership and investment from Brian Fehr, Erik Munck and SmartLam founder Casey Malmquist. SmartLam North America has established its…
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.