Friday, November 8, 2024
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HomeNewsWallingford company announces expansion, new jobs created

Wallingford company announces expansion, new jobs created

By Kentucky Press News Service

Gov. Matt Bevin today announced that GreenTree Forest Products Inc., an Appalachian hardwoods producer in Wallingford, will add 10 full-time jobs with a $2.2 million investment for equipment upgrades at its facility.

For its sawmill and pallet operation in Fleming County, GreenTree will purchase equipment including a 7-foot line bar resaw, a state-of-the-art 3D scanner and an optimized lineal edger, among other upgrades. The facility currently produces 8 million feet of Appalachian hardwood annually. The company expects the investment will increase production by 30 percent. GreenTree also anticipates the new equipment will save the company $220,000 per year in production costs.

 

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