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.
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