Arkansas Lumber Mill To Reopen, Create 136 New Jobs

Jun 23, 2016

Arkansas Economic Development Commission Director Mike Preston.
Credit TalkBusiness.net

Arkansas officials say a lumber mill that shut down six years ago is reopening, creating 136 new jobs.
 
The state Economic Development Commission on Wednesday announced that Caddo River Forest Products is spending up to $50 million to re-open the Glenwood sawmill. Officials said they expect another 200 to 300 indirect jobs to be created through the project.
 
The U.S. Economic Development Administration is providing an $817,726 grant to the city of Glenwood for infrastructure improvements related to the project. The state is providing a $339,000 Community Development Block Grant for infrastructure at the facility. The state is also providing a cash rebate for new payroll and tax refunds on building materials, machinery and equipment.
 
The mill is expected to begin supplying lumber in the spring of 2017.