Wood products manufacturer acquires sawmill to source 90% of forest products
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A lumber building materials manufacturer will acquire a sawmill to supply its expanded operations in southwest Virginia, state officials said.
Woodgrain plans to spend $ 8 million to buy and expand the former Independence Lumber plant and an additional $ 9 million to bolster its production facility near Marion, Virginia. The projects would save 80 jobs at the sawmill, which was the county’s largest private employer, and create 20 more at the facility. Marion’s site is expected to add 80 new jobs.
The sawmill complex will become the primary supplier to the Marion Woodgrain mill and allow the company to source 90% of new forest products from Virginia. Officials said the company will purchase an additional 9 million board feet of Virginia-grown lumber over the next three years.
The company is expected to receive a $ 350,000 grant from the state’s agricultural and forestry economic development program to support expansion projects.
Woodgrain, based in Idaho, produces lumber, moldings, doors and windows at 27 facilities across the country. It is one of the largest carpentry companies in the world, officials said.
“We are excited to expand our operations and strengthen our commitment to Southwest Virginia,” said Robb Hitch, the company’s Eastern Region Woodworking Manager, in the announcement. “We believe this will have a significant positive impact on the local economy and allow us to further leverage our vertical integration by supplying lumber to our carpentry site in Smyth County and throughout the South West. .
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