Southeastern Timber Products Expands Ackerman, Mississippi Sawmill, Operations
02/07/2025
The investment will include the installation of a new sawmill line, new dry kilns and storage facilities, allowing the company to increase production capacity from 120 million board feet per year to 300 million board feet per year.
“We greatly appreciate the Mississippi government’s support of all strategic investments that will help us by continuing to grow STP’s capacity to 300 million board feet per year,” Tolko Industries U.S. Ltd. Vice President David Manley said.
To support the project the Mississippi Development Authority (MDA) is providing assistance through the Mississippi Flexible Tax Incentive, or MFLEX, program. Choctaw County also is assisting with the project.
“This project not only strengthens Southeastern Timber’s long-term relationship with Mississippi, it also brings 40 new opportunities to the people of Choctaw County and the surrounding area," noted Mississippi Development Authority Executive Director Bill Cork. "This $123.4 million investment will enhance the company’s operations and encourage future growth, both of which benefit the local workforce and economy for generations. MDA appreciates the Southeastern Timber team for once again choosing Mississippi to continue the company’s legacy of producing top-quality lumber, timber and wood products."
STP entered into a 50-50 joint-venture partnership with Tolko Industries in 2018, forming Southeastern Timber Products LLC, an STP-Tolko Partnership.
Project Announcements
J.M. Smucker-Hostess Brands Expand Columbus, Georgia, Production Operations
10/14/2025
DMR Technologies Plans Lafayette Parish, Louisiana, Manufacturing Operations
10/14/2025
Swiss-Based Hitachi Energy Expands Varennes, Canada, Operations
10/14/2025
Underwood Ammo Plans Effingham County, Georgia, Manufacturing Operations
10/14/2025
Google Plans West Memphis, Arkansas, Data Center Operations
10/14/2025
Bilt Plans New York City Headquarters Operations
10/14/2025
Most Read
-
2025’s Top States for Business: How the Winners Are Outpacing the Rest
Q3 2025
-
Tariffs, Talent, and U.S. Expansion
Q3 2025
-
The Compliance Reckoning Is Here
Q3 2025
-
Around the Horn: Data Center Supply Chains — What's Next?
Q3 2025
-
Data Center Demand Stabilizes Amid Changing Market Forces
Q3 2025
-
Powering the Next Generation of Projects
Q3 2025
-
How Consumer Trends Are Reshaping Food Facilities
Q3 2025