Canada’s Canfor invests $160 million to build first Louisiana lumber mill
Category: Industry News
Jun
09
BEAUREGARD PARISH, La. – Canadian lumber giant Canfor has announced its entrance into the state of Louisiana with a new $160 million sawmill.
The mill would create 130 direct jobs with an average salary of $59,921, plus benefits. The Louisiana Economic Development estimates the project also would result in 386 new indirect jobs, for a total of 516 new jobs for the region.
Located on an LED-certified site, the sawmill would process yellow pine from Louisiana forests, Start-up is expected to begin late in the third quarter of 2022.
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