Rex Lumber Company Plans Pike County, Alabama, Lumber Plant
03/05/2018
The company projects the total capital cost of the new sawmill to be $110 million, including startup and working capital. Annual production at the facility, located in unincorporated Pike County, will be a minimum of 240 million board feet.
“Our fourth-generation family owned business is looking forward to a long and prosperous future in Pike County and the great state of Alabama,” said Caroline McRae Dauzat, one of the company’s owners.
Rex Lumber currently operates three sawmills, two in the Florida Panhandle and one in Mississippi, producing a total of 575 million board feet annually. This will be Rex Lumber’s third sawmill expansion in the last 17 years.
“This new lumber manufacturing operation will create quality employment opportunities, a significant new timber market, and enhanced economic activity in the region,” said Greg Canfield, Secretary of the Alabama Department of Commerce.
“Rex Lumber is a proven operator with an excellent track record in the forest products industry, and will be a great addition to Alabama’s business community.”
“Rex Lumber’s new Alabama lumber manufacturing facility will not only bring high-quality jobs but will also create substantial economic benefits for the industry in the Pike County area,” Governor Kay Ivey said. “We’re thrilled that the company selected Alabama for this project, and we’re committed to helping this new operation succeed and thrive for years to come.”
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