Teal Jones, a 70-year-old, family-owned company based in British Columbia, Canada, today announced that the company is looking forward to bringing a $110.5 million Southern Yellow Pine lumber mill to Bossier Parish, Louisiana. To become a reality, the company is pursuing a payment in lieu of taxes agreement with local taxing entities.
The planned production facility would produce a wide range of dimensional and specialty lumber products. Teal Jones has secured through its partners major sawmill, planer, kiln drying, and ancillary equipment required for the project, ensuring that the mill in Bossier Parish can be built on time and within the specified budget.
The new sawmill facility would be located in the Plain Dealing area on 235 acres with easy access to rail. The facility will be ideally located in close proximity to transportation and railway infrastructure, as well as to timberlands. The plant would support 125 new direct jobs.
Teal Jones expects to source southern yellow pine timber from their landowner partners in this project, as well as other regional suppliers. In addition to lumber, the company plans to sell residual fiber products, including chips and sawdust, to local pulp and pellet plants.
Teal Jones operates Southern Yellow Pine mills in Antlers, Oklahoma; Martinsville and Kinsale, Virgina; and Liberty, Mississippi. The Plain Dealing project would represent the company’s first investment in Louisiana.
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NEW $110 MILLION SAWMILL PLANT IN BOSSIER PARISH EXPECTS TO BRING 125 NEW JOBS