Private money played a big factor in Plain Dealing’s Teal Jones Group sawmill project

By Stacey Tinsley
Bossier Press-Tribune
December 2, 2022
Category: Business & Politics
Region: United States, US East

LOUISIANA—Teal Jones Group, a privately held Canadian forestry products company, broke ground on a 235-acre sawmill facility near Plain Dealing in Bossier Parish in July of 2022. The project is to be completed one-year from now and is estimated to generate 500 new jobs for our area. The $125M project is hailed as a community investment. Rich Lamb, a local attorney … was crucial in landing the private investment portion of the project. The private investment in this project helped to secure one of the biggest economic wins of 2022 for our area. This project is also a major and much needed economic win for the Plain Dealing area. …However, Lamb didn’t work in a vacuum. His knowledge of mergers and acquisitions, real estate, securities and entity formation, combined with the initiative of Rocky Rockett, executive director and president of the Greater Bossier Economic Development Foundation (GBEDF), helped to secure the spot in Bossier Parish.

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