A lumber company plans to invest $40 million and create 43 jobs in Scotland County, bringing new manufacturing opportunities to a county that has historically faced higher unemployment than much of North Carolina.

N.C. Governor Josh Stein announced Great Southern Wood-NC, Inc. (GSWNC), a manufacturer of pressure-treated lumber, will invest $40 million to construct a lumber treatment manufacturing facility at Laurinburg-Maxton Airport in Scotland County.

“We are excited that Great Southern Wood has decided to plant roots in North Carolina,” said Gov. Stein. “This new facility will strengthen our $41 billion forestry industry and offer more opportunities in Scotland County and beyond.”

Founded in Alabama in 1970, GSWNC’s Laurinburg facility will be the company’s 17th treating plant. The company produces pressure-treated pine and distributes a variety of other building materials to dealers in the residential, commercial, industrial, and agricultural sectors across 28 states and the District of Columbia.

A performance-based grant of $200,000 from the One North Carolina Fund will help the company establish operations in North Carolina. The OneNC Fund provides financial assistance to local governments to help attract economic investment and create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All OneNC grants require matching participation from local governments, and any award is contingent upon that condition being met.

The North Carolina Railroad Company will also invest up to $600,000 in critical rail infrastructure for the project. Once operational, Great Southern Wood-NC will use the rail project to receive and distribute a minimum of 421 railcar shipments annually by 2030.


Source: hbsdealer.com