GP to Invest $100M in New AL Lumber Facility
- Sep 19, 2017
Georgia-Pacific is building a new lumber production facility in Talladega, Ala. The location for the state-of-the-art plant will be Georgia-Pacific’s former plywood plant that closed in 2008. Construction of the $100 million property will begin immediately and is slated for completion in late 2018.
Once in production, the 300,000-square-foot facility will receive 150 log trucks a day and produce 230 million board-feet of lumber a year.
The development will provide jobs for 120 workers for a 12-month construction period. Once completed, the plant is set to employ more than 100 full-time workers and generate an estimated $5 million in annual payroll. There are currently 2,300 Georgia-Pacific employees at seven other Alabama facilities, in which the company has invested $1.1 billion.
“The availability of talent and natural resources makes Talladega an ideal site for this new lumber production facility. The City of Talladega, Talladega County, and the State of Alabama have been incredibly supportive of this new venture and we look forward to a long and beneficial relationship,” said Fritz Mason, vice president & general manager of Georgia-Pacific Lumber, in prepared remarks. “This new facility is the first of several we have in our current plan. The demand for lumber continues to improve as the housing market recovers, so we are evaluating similar investments in Georgia, Texas and Mississippi.”
Alabama has been a transforming spot for industrial growth, with Amazon recently investing $30 million in a new 362,000-square-foot sortation center in Mobile, Ala.
Image courtesy of Georgia-Pacific