RoyOMartin to Invest $30 Million to Upgrade Its OSB Facility in Allen Parish, LA

Martco, LLC, the parent company of timber sourcing and manufacturing company RoyOMartin, has announced that it is investing more than $30 million to install technologically advanced production equipment at its Allen Parish, Louisiana, OSB manufacturing facility, according to a press released published by Louisiana Economic Development (4-11-24).

The plant is one of Allen Parish’s largest employers, and as a result of this expansion, the company will retain 232 full-time employees. Louisiana Economic Development estimates the project will also result in nearly 600 indirectly supported jobs in the state, for a total of 831 retained and indirectly supported jobs.

To win the Oakdale project, Louisiana Economic Development offered a competitive incentive package that includes a performance-based Retention and Modernization Tax Credit valued at $455,400.

Commenting on the expansion, Terry Secrest, RoyOMartin’s executive vice president of manufacturing and product sales, said:

“Our Oakdale OSB facility has been a cornerstone of RoyOMartin since it produced the first panel in January 2007. Throughout the years, the facility has consistently been the safest and highest-producing OSB manufacturer in North America. With the high production rates, the press needed replacement to meet the growing market demands. Given the strong workforce, timber availability, proximity to the fastest-growing housing markets, and Louisiana’s improved economic development climate, this $30 million investment secures the Oakdale mill’s status as a world-class manufacturing facility in Allen Parish for many years to come.”