Canfor announces $28 million expansion

By Dwain Walden
Moultrie Observer
November 20, 2017
Category: Business & Politics
Region: United States, US East

MOULTRIE — Canfor Southern Pine announced today that it will make a $28 million expansion to its Moultrie facility.  Formerly Beadles Lumber Co., Canfor, a Canadian-based firm,  purchased 50 percent of the Beadles operation in Moultrie and Thomasville in 2014 and now owns 100 percent. Cantor chose Moultrie for its expansion and has already begun installing new equipment. Beadles Lumber Co. was a longtime business cornerstone of the community, with its stock totally family-held until the Canfor purchase. Darrell Moore, president of the Colquitt County Economic Development Authority, said the investment will mean 10 new jobs directly at the sawmill and will create another 30 jobs in supporting roles. As well, Moore said some 60 construction jobs would result from this project. 

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