G-P planning seven-state expansion project
by MBJ Staff
Published: March 25,2013
ATLANTA — Georgia-Pacific is developing plans for potential investments, which total nearly $400 million, in its plywood and lumber operations.
The company has approved funding for significant engineering and is evaluating facilities in a number of southern states, including North Carolina, South Carolina, Georgia, Alabama, Mississippi, Arkansas and Texas. The effort would increase Georgia-Pacific’s overall capacity by approximately 20 percent. Pending final site selection and required permitting, start-up would be expected in the second half of 2014 through the beginning of 2015.
“The markets for our products are currently improving at a steady pace. These proposed investments would position Georgia‑Pacific to provide our current and potential customers with the products they need to grow with a long-term recovery in housing,” said Mark Luetters , executive vice president, Georgia-Pacific building products. “We have a long-term vision for our building products business, and these investments underscore our commitment to the industry and the communities where we are located.”
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Deal for Jackson-Orlando flights in works with Allegiant
- Baseball stadium for Farish Street? It’s possible
- State GOP chairman calls on McDaniel to hurry with challenge
- Explosion at Coast fish plant leaves one dead, three injured
- McCarthy hired as CFO of Mississippi Development Authority
- Former Gov. Musgrove pushing lawsuit to school districts
- Guns OK inside Mississippi polling places, attorney general says
- Former state lawmaker Green dies at home at age 62
- White House hotel making comeback in Biloxi
- 'Get on Up' movie premiers in Madison with Chadwick Boseman and Tate Taylor walking the red carpet