Sumitomo Forestry America Announces Expansion Plans in Archdale, North Carolina
Forestry company to build Archdale plant
The office of North Carolina Governor Roy Cooper announced on Tuesday (12-6-22) that Sumitomo Forestry America plans to invest approximately $19.5 million in a new 120,000 square-foot building in Archdale, NC. The facility will produce building materials used in residential and commercial projects, such as floor and roof trusses and wall panels.
Sumitomo Forestry America is a subsidiary of Sumitomo Forestry Co., a logging company founded in 1691, based in Tokyo, Japan. Sumitomo Forestry America is headquartered in Addison, Texas, and is a comprehensive housing and wood products company that manufactures, trades, and sells timber, lumber, pulpwood, wood chips, and building materials.
Charlotte-based Crescent Communities, a subsidiary of Sumitomo Forestry America, will develop the Archdale facility, with construction expected to commence in January 2023 and be completed by January 2024.
When completed and running at full capacity, the facility is expected to employ 129 people.
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