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The joint venture will be the companies second one in Louisiana. Tolko Industries and Hunt Forest Products are also partners in LaSalle Lumber Co. (pictured). Photo: LaSalleLumber.com
BATON ROUGE, La. Hunt Forest Products and Tolko Industries have announced plans to develop a $240 million sawmill in Bienville Parish. The joint venture, their second in Louisiana, is projected to create 130 new direct jobs and 387 indirect jobs in Louisiana s Northwest Region, including approximately 300 construction jobs.
The news was announced July 26 by Louisiana Gov. John Bel Edwards, Hunt Forest Products co-owner James D. Hunt and Tolko President and CEO Brad Thorlakson. Construction on the new facility is expected to start in early 2022, with commercial operations starting in early 2023. The facility will be located on approximately 225 acres in Bienville Parish, near the community of Taylor, Louisiana.
Comments Plans are already in the works for a $45 million capital expansion project at Jasper Lumber s sawmill.
VERNON, British Columbia – A new 50-50 joint venture partnership between Tolko Industries Ltd. and Jasper Lumber Co. paves the way for expanding the potential output of Jasper’s sawmill in Jasper, Ala., from 70 million board feet to 200 million board feet of southern pine lumber. The $45 million project includes construction of facilities and installation of new machinery. Plans also call for increased shifting at the mill and the creation of at least 60 jobs. Construction is expected to begin in early 2021. “This joint venture project is an important part of our company growth, and we’re excited to be investing in this mill with Jasper Lumber Company,” said Tolko CEO Brad Thorlakson. “This is our third U.S. lumber partnership and supports our product and geographic diversification”