How Much Is Canfor Investing in Right to Work Louisiana?

Canfor Corporation is adding a new location soon in Right to Work Beauregard Parish, Louisiana. In order to cover the cost of this project, the company is investing a total of $160 million. This will also help them increase lumber production. In addition, they also plan to create 130 new jobs. So this will be great for the area’s economy!

From Area Development Magazine:

“Canfor is excited to be investing in a new world-class sawmill in Louisiana that will support our growth and diversification in the U.S. South and ensure we continue to deliver high value products to our global customers.” […] 

“Agribusiness remains one of our key industries for growing Louisiana’s economy, and our state offers unique advantages that attracted Canfor here. […] This major new manufacturing project can resonate across the region’s economy in a variety of ways. We welcome plans for this foreign direct investment in Louisiana by this industry leader, and we look forward to the good jobs this project is expected to create in Beauregard Parish for the region’s skilled workforce.” […]

“This significant project would bring jobs to Beauregard Parish. […] Importantly, this would be the first industrial project at the Beauregard Regional Airport Certified Site. The future is strong for this property. Also, I want to thank R.B. Smith, vice president of workforce and business development for the SWLA Alliance, who has worked tirelessly with Beauregard officials and the company to make this project happen.”

AREA DEVELOPMENT MAGAZINE

To read more updates on Right to Work states, click here.


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