SmartLam North America and Peak Renewables to make new capital investments totaling a combined $92 million in Dothan, Alabama, and will create at least 70 jobs.

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SmartLam and Peak Renewables invest $92 million in Alabama projects

SmartLam and Peak Renewables invest $92 million in Alabama projects

SmartLam North America, a maker of cross laminated timber (CLT) products at a factory in Dothan, Alabama, will invest $62 million to build a new glulam manufacturing facility that will produce large beams and columns for the construction industry. The project will create 43 jobs.

Meanwhile, Peak Renewables will build a wood pellet production facility that will utilize sawmill residuals to make pellets used in renewable power generation. The $30 million project will generate 26 jobs at the facility in Dothan.

The Dothan Area Chamber of Commerce said the combined projects represent one of the largest industrial investments in the history of Southeast Alabama’s Wiregrass region. It expects the SmartLam expansion to become operational in 2024 and the Peak Renewable wood pellet plant to open in 2023.

The project will involve the construction of a new industrial access road, as well as water and electric utility improvements. Through partnerships with the Alabama Department of Transportation, Houston County and the City of Dothan, a new access road will be built to serve the new industrial sites.

In addition, Dothan Utilities will provide water extensions and electric utility service.

SmartLam North America CEO Derek Ratchford said the investment will allow the company to construct a state-of-the-art, 140,000-square-foot custom glulam manufacturing plant with the capacity to produce 84 million board feet annually.

SmartLam will also add equipment to fully automate its existing 225,000-square-foot plant to produce 2 million cubic feet of CLT annually.

“Most mass timber glulam/columns are manually produced. The new plant will be automated allowing SmartLam to significantly increase production and simultaneously deliver multiple mass timber projects,” Ratchford said.

“We are strategically located in Alabama to serve the Southeast, the fastest growing mass timber market in the United States. We are currently the largest CLT manufacturer in North America and with the glulam addition, SmartLam will become the largest mass timber (glulam/CLT) producer in North America,” he added.

The expansion will allow SmartLam to purchase high-strength timber from landowners throughout Central and Southern Alabama. SmartLam is the first and largest manufacturer using Southern Yellow Pine to produce CLT.

Peak Renewables CEO Scott Bax said his company’s growth project will utilize 30 acres and include new rail spurs in collaboration with Genessee and Wyoming Railroad. The wood pellet facility will be a 24/7, 365-day operation.