Mission Forest Products, a subsidiary of Timberland Investment Resources (TIR), has announced their plans to build a sawmill in Corinth, Mississippi, that will bring an estimated 130 jobs by the year 2022. TIR is investing $160 million in the project. TIR’s Managing Director Christopher Mathis in a prepared statement said, “Our objective is for this mill to become one of the lowest-cost and most reliable suppliers of high-quality dimensional lumber products in North America. We intend to do this by capitalizing on three things – the abundance of high-quality timber in the area, Corinth’s proximity to the growing housing markets of the U.S. South and lower Midwest and the low-cost, high-efficiency nature of the mill’s design.” The Mississippi Development Authority is providing $4.1 million in funding through two grant programs or infrastructure improvements, a $3 million loan for public infrastructure improvements and $250K through MS Works Fund for workforce training.
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Mission Forest Products to Build New Sawmill in Corinth Mississippi