MONTGOMERY, Alabama — Governor Kay Ivey announced today that Rex Lumber Co. plans to build a state-of-the-art lumber manufacturing facility in Pike County, creating more than 110 jobs and providing a significant economic boost to the region’s forest products industry.
Rex Lumber projects the total capital cost of the new sawmill to be $110 million, including startup and working capital. Annual production at the facility, located in unincorporated Pike County, will be a minimum of 240 million board feet.
“Rex Lumber’s new Alabama lumber manufacturing facility will not only bring high-quality jobs but will also create substantial economic benefits for the industry in the Pike County area,” Governor Ivey said.
“We’re thrilled that the company selected Alabama for this project, and we’re committed to helping this new operation succeed and thrive for years to come.”