Weyerhaeuser Announced Significant Capital Investment in Holden Sawmill

SEATTLE (Scrap Monster): Weyerhaeuser Company announced plans to make capital investment at its Holden, Louisiana sawmill facility. A sum of $157 million will be invested in two phases, over several years. The investment will focus on upgrading equipment and modernizing the mill.

The first phase of the capital investment will be for $19 million and will upgrade kiln-drying capacity at the mill. The addition of two new continuous dry kilns will result in increased drying capacity. The second phase comprises major investment of nearly $138 million, which will completely modernize the saw mill, so as to make it capable of producing longer-length lumber. The entire project is expected to span over the next three years, said the company press release.

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The latest investment will further extend the impact of the company in Louisiana forestry. Apart from improving the mill’s competitiveness, it will also secure the mill’s workforce for many more years to come.

Brent Mitchell, interim mill manager noted that the company has been planning the project for several years. The investment will bring sustained benefits to the mill, its employees and the community in which it operates.