Rex Lumber broke ground for their new greenfield sawmill in Troy, Alabama. The ground breaking ceremony was held at the mill site in Pike County. The greenfield sawmill to be constructed in Troy will be Rex Lumber’s third sawmill expansion in the last seventeen years, as the company says in the press release received by Lesprom Network.
Annual production for the new mill will be a minimum of 240 MMBF. Rex Lumber anticipates the total capital cost to be approximately $110 million, including startup and working capital. Over 110 new direct jobs are expected to be created with this new location.
Rex Lumber, headquartered in Graceville, Florida currently operates three sawmills, two in the Florida Panhandle and one in Mississippi, producing a total of 575 million board feet annually.
