(The Center Square) â Forest products manufacturer Roseburg Forest Products will invest $200 million to develop a sawmill operation in Weldon, North Carolina, Gov. Roy Cooper s office said.
The investment is expected to create 137 jobs in Halifax County. Oregon-based Roseburg owns and manages 600,000 acres of timberland in Oregon and the southeastern U.S., including in North Carolina.
âLow interest rates, a surge in home remodeling, and growing demand for single-family housing are pushing the industry to increase domestic lumber production capacity as quickly as possible,â Roseburg President and CEO Grady Mulbery said in a statement. âThis new mill is an exciting strategic growth opportunity that integrates well with our other North American operations and client base.â
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Economic development roundup: Lumber demand leads to $200M investment in North Carolina sawmill
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