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New businesses are positive signs for forest industry

Posted on: July 13th, 2018

New Businesses

 

  • Photo reproduced by permission of RoyOMartin. All rights reserved.

Anyone looking for economic signs of optimism regarding the East Texas and Louisiana forest industry need look no farther than recent news regarding two new timber-related businesses.

Celebrating a May grand opening in Corrigan, Texas, the Corrigan OSB, L.L.C. plant created 165 direct jobs and more than 470 indirect jobs for the area. The plant will supply enough oriented strand board (OSB) for approximately 70,000 U.S. homes per year.

Corrigan OSB, LLC is the Texas subsidiary of RoyOMartin in Alexandria, Louisiana.

OSB is a widely used engineered structural wood panel that shares many of the strength and performance characteristics of plywood. OSB is used in 70 percent of all floor, wall and roof sheathing in North America

Also in May, Angelina Forest Products, LLC, announced plans to build a new softwood lumber production plant in Lufkin, Texas. Plans are for construction of a $100 million state-of-the-art sawmill to begin this summer that should be operational in the second quarter of 2019.

Angelina Forest Products expects to provide careers for more than 100 full-time employees at the facility expected to produce a full product line of Southern Yellow Pine lumber. Production capacity is projected to be in excess of 220 million board feet annually.

The mill expects to receive 600 log trucks a week from timber owners within a 100-mile radius and will ship 200 trucks of finished product per week throughout the local area and other parts of the United States.

These new facilities, plus others reportedly in the planning stages, point to good things to come for forestry products in the region.


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