Construction begins on $110M sawmill in northwest Louisiana | New Orleans CityBusiness

Development has begun on a $110 million lumber manufacturing facility in Bossier Parish that may assist create practically 500 jobs.

Teal Jones Group, a global forestry merchandise firm based mostly in Canada, mentioned in December that it deliberate to construct a brand new southern yellow pine lumber plant. It will definitely selected a property in Plain Dealing.

Website preparation of the 235-acre greenfield facility is underway and anticipated to be full by Q3 2023, a information launch from Louisiana Financial Growth mentioned. The corporate is creating entry to close by rail infrastructure and timberlands.

When full, the ability will produce dimensional and specialty lumber merchandise and promote residual fiber merchandise comparable to chips and sawdust to native pulp and pellet crops, a information launch mentioned.

The mission is predicted to create 125 new direct jobs, with common annual salaries of $47,000 plus advantages. LED estimates 369 oblique jobs, and the corporate anticipates as much as 120 development jobs at peak development.

Teal Jones Group is predicted to make use of Louisiana’s High quality Jobs program and pursue a fee in lieu of taxes (PILOT) settlement with native taxing entities, the discharge mentioned.