by Web Editor | Oct 5, 2015 | News
Oak Hill Veneer Inc. will invest almost $2 million to expand its operations in Troy, PA. When completed, the spliced hardwood veneer manufacturer said it expects to add 73 full-time jobs over the next three years, more than double its current size of 62 employees.
Plans call for the construction of a 15,000-square-foot building and adding a new line of veneer splicing equipment. In addition, the company said it will lease a nearby 35,000-square-foot building where it will install a new line of manufacturing equipment to produce veneer board. News of the expansion was announced Sept. 30.
Oak Hill Veneer is one of 18 companies owned by Spanish wood products firm Grupo Losan. Founded in 2008, Oak Hill Veneer specializes in cutting and splicing various thicknesses of veneer in a variety of species, including oak, cherry, maple and walnut, in accordance with Forest Stewardship Council (FSC) certification requisites, according to the corporate website.
“Oak Hill Veneer, Inc. is very excited about our upcoming expansion project,” said Amy Jackson, project coordinator. “This project has been months in the making and we are finally able to make an idea a reality. The state’s assistance will be used towards the purchase of the new equipment and to help with the construction of the new building at the Oak Hill Veneer Inc. site. These upcoming projects will create many jobs and bring more business to the community.”
The company received assistance from the Pennsylvania Department of Community and Economic Development that includes $146,000 in Job Creation Tax Credits and a $225,000 Pennsylvania First Program grant. The project also was coordinated by the Governor’s Action Team in collaboration with the Office of International Business Development and the Northern Tier Regional Planning & Development Commission.
From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/oak-hill-veneer-plans-2-million-expansion?ss=wood,wood,wood_of_the_month,wood,pricing_supply,wood,components_sourcing,wood,panel_supply,wood,wood_veneer,wood,lumber_quotes_charts
by Web Editor | Feb 24, 2015 | News
From: Panel World Staff
Martco L.L.C. announced the selection of Corrigan, Texas as the location for a new, state-of-the-art oriented strandboard (OSB) facility. The facility is expected to employ 165. Construction is scheduled to begin this summer, with startup anticipated by fall 2017. Corrigan OSB, L.L.C. will complement Martco L.L.C.’s existing wood products manufacturing plants in Oakdale, La. (OSB); Chopin, La. (plywood); and Mexia, Ala. (lumber and timbers).
According to Martin Companies, L.L.C. Chairman and CEO Jonathan Martin, “Ever since my grandfather started out in the wood product industry more than 90 years ago, our family has taken pride in utilizing raw materials to the fullest extent possible. This business model has led to Martco’s growth as a leading supplier in the wood products industry. The timing is right for us to position ourselves to more effectively meet the increasing demand for building products into the foreseeable future.”
“We believe that East Texans have a tremendous amount of community passion, experience and knowledge, and we look forward to becoming a proactive community partner,” adds Roy O. Martin III, president. “Martco will extend its philosophy of being ‘employer of choice’ and ‘vendor of choice’ to this region, while maintaining the stability of a well-established, family-owned, professionally managed company committed to its stakeholders.”
Martco’s commitment to this region reaches beyond its future workforce. Senior Vice President and COO Scott Poole explains, “We look forward to extending our pride and dedication to sustainable forestry practices through additional foresters and loggers. With this expansion, we will continue to be good stewards of our forests, while delivering a full line of wood products across the country and world.”
Based in Alexandria, La., Martco L.L.C.’s existing manufacturing facilities employ 1,100. All of Martco L.L.C.’s wood products are available Forest Stewardship Council (FSC) certified.
