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Area Development - Site Selection, Facility Planning and Workforce Development

Martco-RoyOMartin Upgrades Allen Parish, Louisiana, Operations

04/18/2024
Martco, parent company for timber sourcing and manufacturing company RoyOMartin, plans to upgrade operations in Allen Parish, Louisiana. The more than $30 million project is expedited to retain 232 jobs.

The investment will include the installation of technologically advanced production equipment.

“Our Oakdale OSB facility has been a cornerstone of RoyOMartin since it produced the first panel in January 2007,” said Terry Secrest, executive vice president of manufacturing and product sales. “Throughout the years, the facility has consistently been the safest and highest-producing OSB manufacturer in North America. With the high production rates, the press needed replacement to meet the growing market demands. Given the strong workforce, timber availability, proximity to the fastest-growing housing markets, and Louisiana’s improved economic development climate, this $30 million investment secures the Oakdale mill’s status as a world-class manufacturing facility in Allen Parish for many years to come.”

The project is being supported by an incentive package that includes a performance-based Retention and Modernization Tax Credit valued at $455,400.

“RoyOMartin is a third-generation family-owned business doing business in Louisiana for more than 100 years, and I am thrilled to see this company positioning itself to thrive for many more,” Louisiana Economic Development (LED) Secretary Susan B. Bourgeois noted. “Louisiana timber has long supported the national housing industry, and so has our skilled manufacturing workforce, which continues to meet the challenge of modernization with the talent and training companies need to compete.”

Martco L.L.C., known by its trade name RoyOMartin (“ROM”), is one of a group of vertically integrated companies owned by the Martin family focused on land, timber, and mineral resources, with special emphasis on sustainable forests and forest-product manufacturing businesses.

“RoyOMartin’s modernization project is proof that our region’s wood basket is resilient and strong,” said Jonathan Dean, vice president of economic development for the Southwest Louisiana Economic Development Alliance. “This investment in the company’s Oakdale facility is a testament to the world-class workforce that we have in Allen Parish and in southwest Louisiana. We want to thank RoyOMartin for its investment and its commitment to the region.”

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