LeMoyen Mill & Timber LLC will acquire and invest an additional $2 million to develop a wood products manufacturing facility in LeMoyen, Louisiana, as Louisiana Economic Development reports.
LeMoyen Mill & Timber, a wholly owned subsidiary of Adobe Machinery Group, will repurpose a lumber mill previously operated by Bayou State Lumber Co. The new company will acquire both standing timber and cut logs, saw boards and timbers and then assemble timber and laminated mats at the facility.
LeMoyen Mill & Timber will create 32 new direct jobs, with an average annual salary of $35,000, plus benefits, while retaining 20 jobs from the Bayou State Lumber operation.
“We are very excited about the LeMoyen mill and facilities along with their core team of dedicated and talented personnel,” CEO Robert W. Latimer of Adobe Machinery Group LLC said. “The mill, with its production capacity and immense hardwood lumber storage, brings tremendous integration opportunities to our mat distribution company, American Mat & Timber. St. Landry Parish, with its abundance of hardwood resources and its proximity to our branch locations, our customers, and rail and major waterways, is the perfect spot for us.”
Source : lesprom.com