Austrian-Based Klausner Lumber One Invests $130 Million In Florida Sawmill
Austrian-based Klausner Lumber One will invest $130 million over the next three years to develop a sawmill in Suwannee County, Florida, creating 350 jobs.
Friedrich Klausner of Klausner Lumber One said, “This project has been a huge undertaking with many challenges that we have been able to work through with Suwannee County. But this is inevitable with a project of this size. The significant impact on this region has made it all worthwhile. We are pleased to be here and will be good corporate citizens in this community.” At its new Florida site, Klausner will work primarily with southern yellow pine.
Governor Rick Scott said, “In addition to creating hundreds of employment opportunities for Florida’s families and further growing the state’s economy, the construction of this facility represents true partnerships between many different local and statewide organizations. Their efforts will create 350 new jobs for Florida families in this community. We welcome Klausner Lumber One to our state.”
“The North Florida Economic Development Partnership is very excited about the project announced for Suwannee County, this being the first development on a catalyst site in our region. The direct and indirect jobs will provide a vital shot in the arm to this area, as we still have 10 to 11 percent unemployment,” said Allen Cherry, chair of the North Florida Economic Development Council. “Along with the direct jobs, this project will also be a huge boost to the timber industry in Suwannee and the surrounding counties.”
From Area Development Online: areadevelopment.com.
RELATED ARTICLES
Binderholz Wins Auction For Klausner Two
Binderholz Wins Klausner Sawmill
Latest News
U.S. Housing Starts Were Soft In January
U.S. housing starts began the new year ticking downward 4.5% in January from December to a seasonally adjusted rate of 1.309 million starts. Single-family starts came in at a rate of 841,000 in January, down 4.3%, while multi-family (five units or more) were at 457,000, down 5.4% from December…
Lumber Among Three Big Input Reductions
Softwood lumber is one of the three largest construction input cost reductions year-over-year from December 2021 to December 2022, according to a recent ConstructionDive market report. Citing Producer Price Index data from December 2022, the report noted that overall…
Biofuels Project Sinks
The Red Rock Biofuels project in southern Oregon appears headed for foreclosure according to notices published in the Lake County Examiner newspaper in late December after the company failed to make principal and interest payments on some $300 million in debt. The notice set a February 4 payment…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.