Conifex Timber Inc. Opens Sawmill Complex In El Dorado, Arkansas
01/31/2017
Primarily engaged in the manufacture of structural grade Spruce Pine Fir dimension lumber, the company plans to modernize the existing facility and create a state-of-the-art mill in El Dorado producing 180 million board feet initially. The company expects to create approximately 120 new, full-time jobs as a result of its approximate $80 million commitment to the facility.
“This project provides Conifex with access to lumber and timber markets in the US South. Our commitment of $80 million to this facility will ensure the long term sustainability of this site and contribute to our overall company growth,” said Conifex CEO Ken Shields. “We are pleased by the warm welcome and professionalism of the government and private sector partners we have worked with here in El Dorado and throughout the state."
Headquartered in Vancouver, Canada, Conifex Timber Inc. was established in 2008 when it acquired its first idled sawmill in British Columbia. A second mill followed two years later as well as a biomass power plant that has been in operation since 2015. The company has invested about $80 million in two Canadian sawmill complexes and related businesses as well as $100 million is its green power generation business, creating over 500 jobs. This will be Conifex’s first facility in Arkansas and the Southern US.
“Timber plays a vital role in our state’s economic vitality,” said Governor Asa Hutchinson. “The industry directly employs more than 37,200 workers in Arkansas, and I’m thrilled to welcome Conifex to the state. This will have a significant economic impact on many families throughout South Arkansas.”
“The positive impacts of the plant are many fold,” said El Dorado Mayor Frank Hash. “From timber owners, timber harvesters, timber processors, plant maintainers/suppliers and product transporters, the economic gains to all will be significant! The City of El Dorado welcomes Conifex.”
Project Announcements
Little Leaf Farms Plans Coffee County, Tennessee, Production Operations
07/02/2025
White Rock Truss & Components Expands Lee County, Virginia, Operations
07/02/2025
Fox Tank Company Plans Coshocton, Ohio, Operations
07/02/2025
Ascentek Expands Shreveport, Louisiana, Operations
07/02/2025
ProBio Establishes Hopewell, New Jersey, Gene Therapy Operations
07/02/2025
22nd Century Technologies Expands Fairfax County, Virginia, Headquarters Operations
07/02/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
First Person: David Robey, Co-CEO of QTS Data Centers
Q2 2025