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
Housing Starts Come On Like Gangbusters
U.S. housing starts, both single-family and multi-family, came in hot in May at a combined seasonally adjusted rate of 1.631 million, a 21.7% increase above April. Single-family starts in May were at a rate of 997,000 an 18.5% increase over April, and multi-family was 624,000, an increase of 28% over April, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development…
Robbins Lumber Acquires Two Sawmills In Maine
Robbins Lumber, Inc., based in Searsmont, Me., has acquired two sawmills from Pleasant River Lumber Co., expanding the company’s footprint from two locations to four locations. The sawmills in Hancock and Sanford, Maine, will retain all 74 employees between the two locations. The company says the acquisition will allow it to build upon its eastern white pine production, which the…
Luoma Announces Retirement
Longtime executive and manager in the wood products industry, for years with LP, Brian Luoma announced he is retiring at the end of 2023 from his position as president and CEO of The Westervelt Co. Luoma joined Alabama-based Westervelt as president and CEO in 2017, and has been instrumental in the company’s expansion of its lumber and timberlands divisions…
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.