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Lumber exporting company to establish facility in Suffolk
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and last updated 2021-06-29 18:18:25-04
RICHMOND, Va. -
Gov. Ralph Northam announced Tuesday that Kristi Corporation, a global supplier of industrial raw material for aluminum and steel metallurgical industries, will invest $1.1 million to establish a log load and fumigation facility in Suffolk.
The facility will be located at 1326 Portsmouth Boulevard. The company plans to source 100% of its exports from Virginia loggers.
Virginia successfully competed with North Carolina and Pennsylvania for the project, which will create 10 new jobs.
âOnce again, the world-class Port of Virginia and our skilled workforce enabled our Commonwealth to successfully compete for this new lumber exporting facility,â said Gov. Northam. âThis project will benefit both the local economy and our forestry industry, and we look forward to partnering with Kristi Corporation as it grows in Suffolk.â
Kristi Corporation to invest $1 1M in Suffolk facility specializing in the export of softwoods augustafreepress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from augustafreepress.com Daily Mail and Mail on Sunday newspapers.