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Jordan Forest Products Invests More Than $1.4 Million To Expand Biscoe, North Carolina, Operations Center

Area Development Online News Desk (04/23/2013)
Jordan Forest Products, a wood products manufacturing company, will invest more than $1.4 million to expand its production facility in Biscoe, North Carolina. The company plans to create 31 jobs in Montgomery County during the next three years.

Jordan Forest Products, an affiliate of Jordan Lumber and Supply, has become one of the most respected mills on the East Coast and one of the largest privately-owned lumber companies in the country, the Governor Pat McCrory’s Office said. With its headquarters in Mount Gilead, the company plans to expand its operations to produce wooden pallet components. Jordan Lumber and its subsidiaries currently employ 301 people in Montgomery County and also have a facility in Georgia.

“Jordan Lumber is pleased to again have the opportunity to expand in our great home state of North Carolina. The strong work force here and our positive working relationships with both local and state government are great contributing factors to our success in continuing to create new job opportunities.“ said Robert Jordan, IV, Vice President of Operations.

“North Carolina is a strong producer of wood products,” said Gov. McCrory. “It makes great business sense for Jordan Forest Products to expand here where they’ve been doing business for more than seven decades.”

“North Carolina is proud to call Jordan Lumber one of its strong business partners,” said Sharon Decker, N.C. Secretary of Commerce. “The decision to expand their Montgomery County operations is a sign that the demand for wood products is increasing and North Carolina is the best place for this company to grow.”

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $43,600. The grant is contingent upon proof of job creation and receipt of a local funding match. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds.

Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Montgomery County, Town of Biscoe and the Montgomery County Economic Development Corporation.

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