Georgia-Pacific Invests An Initial $9 Million To Expand Its Dudley, North Carolina, Lumber Mill
10/04/2013
GP said most of the investment will be used to construct a new continuous dry kiln that will double the kiln capacity at the mill and create approximately 20 new jobs. Construction is expected to start immediately and is scheduled for completion by the second quarter of 2014.
The company also is conducting engineering analysis, infrastructure evaluation and permitting studies for additional capital investments under consideration for the mill, which could total up to $90 million if made.
The Dudley investment is part of Georgia-Pacific’s larger investment plan. The company also is evaluating investments in other building products facilities in several other Southern states, including Alabama, Arkansas, Georgia, South Carolina and Texas. The investment under consideration would increase Georgia-Pacific's overall production capacity by approximately 20 percent.
"With the housing market continuing a slow and steady improvement, these planned investments will allow Georgia-Pacific to provide our current and future customers with the products they need as they begin to ramp up their operations," said Mark Luetters, Executive Vice President, Georgia-Pacific building products. "We take a long-term approach to our building products business, and planning these investments demonstrates our commitment to the building products industry and the communities where we operate."
Neal Benton, chairman of the Wayne County Development Alliance, added, "Georgia-Pacific's commitment to Wayne County is a testament to the relationship that exists between their leadership, the Development Alliance, and the County of Wayne. We greatly appreciate this significant investment and new job creation."
Georgia-Pacific has eight facilities in North Carolina, seven of which are part of the building products business. The company employs approximately 800 people directly in North Carolina, including approximately 530 people at the Dudley operations.
Project Announcements
AATW Establishes Anderson County, Kentucky, Operations
09/20/2023
Chick-fil-A Supply Plans Kannapolis, North Carolina, Distribution Center
09/20/2023
National Meat and Provision Company Expands Baptist Parish, Louisiana, Production Operations
09/20/2023
Pratt Industries Expands Pennsylvania, Operations
09/20/2023
U.S. Soccer Federation Plans Atlanta, Georgia, Headquarters-Training Center
09/18/2023
Israel-Based Isotopia Molecular Imaging Plans Westfield, Indiana, Operations
09/18/2023
Most Read
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
Why the Southeast Is Winning EV Projects, With More on the Way
Q3 2023
-
EV and Semiconductor Projects Stand Out in States Receiving Area Development’s 18th Annual Shovel Awards
Q2 2023
-
Power-Intensive Site Selection
Q3 2023
-
EV Impacts to Watch in 2023 and 2024
2023 Auto/Aero Site Guide
-
First Person: Establishing a Robust Rare Earth Magnet Supply Chain
Q3 2023