ST. PAUL, Va. (WJHL) – A company will create 73 new jobs when it establishes a new wood products manufacturing plant in St. Paul, Gov. Ralph Northam’s office said on Friday.
Rambler Wood Products will invest $ 7.6 million to convert the former Bush Furniture Industries building into a new facility of nearly 300,000 square feet.
According to the governor’s office, the new facility will make Rambler the first of its kind to operate entirely indoors, allowing year-round production.
Rambler will convert high quality white oak into barrel staves for the West Virginia Barrel Company and other cooperages in the region. The facility will also use red oak and other lower value hardwoods to produce lumber for flooring manufacturers, pallet production and the mining industry. The remaining wood chips and sawdust will be sold to paper manufacturers.
The company has made a commitment to source 55 percent of its lumber from Virginia.
A $ 2.5 million loan from the Virginia Coalfield Economic Development Authority (VCEDA) was used to acquire the project facilities.
VCEDA says the project has the potential to create more than 120 new manufacturing and research jobs overall, as the company will also operate a research and development center to study renewable energy and coal power development. /drink.