Caddo River Forest Products To Reopen Arkansas Lumber Mill
Caddo River Forest Products announced they are planning to reopen the Glenwood, Arkansas sawmill. The company will invest up to $50 million in the facility, creating 136 new jobs with 200 to 300 new indirect jobs also expected in the area as a result of this project.
“Caddo River Forest Products is thankful for all of the support received from CAT Financial, the Arkansas Department of Environmental Quality, the City of Glenwood, Pike County, the State of Arkansas and the U.S. Economic Development Administration program,” said David Henderson, a member of the Caddo River partnership. “We are pleased to bring back important jobs to the area.”
Caddo River Forest Products plans on manufacturing dimensional and specialty lumber. The re-start of the mill will also provide indirect employment opportunities for loggers, landowners and transportation specialists.
The U.S. Economic Development Administration (EDA) will provide a grant of $817,726 to the city of Glenwood to make water and roadway infrastructure improvements needed to serve the Caddo River Forest Products facility.
“EDA is pleased to partner with Glenwood in providing much needed infrastructure improvements to bring this sawmill facility back online,” said Jorge D. Ayala, EDA’s regional director. “This investment will drastically improve and expand the economic opportunity of Glenwood and will strengthen a community that has suffered disproportionate economic distress and job losses.”
From THV 11 News: thv11.com.
Latest News
Housing Starts Increase In April
Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment…
Timber Processing Combs The Ligna Fair Aisles
The Timber Processing magazine team reports an active first half of the week for sawmill machinery exhibitors at the week-long Ligna international wood processing fair held in Hannover, Germany. Bandmills were not in short supply, including this EWD bandmill system in the middle of Sawmill Hall. Timber Processing magazines were practically flying off the shelf at the Timber Processing…
Lumbering Along With James Oliver Dunn
Article by Dan Shell, Senior Editor, Timber Processing May 2023 – Some of my very first memories are playing around my grandmother’s house located on a county road in Brushy Creek, Ala., which is a suburb of East Chapman, Ala. (that’s a joke)…
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.