LOUISVILLE — Officials from Winston Plywood and Veneer, manufacturer of specialty plywood products, gathered Friday for a groundbreaking ceremony at the site of the company’s new manufacturing facility in Louisville. The project represents an investment of approximately $50 million and they expect to create 400 new jobs.
In April 2014, a tornado destroyed the company’s facility in Louisville. Since that time, Winston Plywood and Veneer has remained committed to rebuilding and expanding its operations in Louisville. In addition to the investment made by the company, disaster recovery funds from the Federal Emergency Management Agency will also be used to build the new facility.
The Mississippi Development Authority provided assistance in support of the project for site preparation, relocation expenses, infrastructure needs and workforce training.
Winston Plywood and Veneer is an operating company of New Wood Resources LLC. Based in Boise, Idaho, New Wood Resources owns and operates plywood and veneer manufacturing facilities in the Northwestern and Southeastern United States. The new facility in Louisville, Miss., operating as Winston Plywood and Veneer, will be one of the most modern and efficient mills in North America.
New Wood Resources LLC is owned and operated by Atlas Holdings LLC. Based in Greenwich, Conn., Atlas is a diversified group of manufacturing, distribution, service and trading businesses with 13,000 associates worldwide.
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