Sumitomo Forestry plans to build plant in Archdale, North Carolina

By Pat Kimbrough
Yahoo News
December 6, 2022
Category: Business & Politics
Region: United States, US East

NORTH CAROLINA — A wood products company will establish a manufacturing and distribution facility in Archdale that will create 129 jobs, the office of Gov. Roy Cooper announced Tuesday. Sumitomo Forestry America plans to invest approximately $19.5 million in a new 120,000-square-foot building at 300 Roelee St. that will produce building materials used in residential and commercial projects, such as roof trusses, floor trusses and wall panels. …The business is a subsidiary of Sumitomo Forestry Co., a logging company founded in 1691 and based in Tokyo, Japan. Sumitomo Forestry America is headquartered in Addison, Texas, and is a comprehensive housing and wood products corporation that manufacturers, trades and sells timber, lumber, pulpwood, wood chips and building materials. One of its subsidiaries, Charlotte-based Crescent Communities, will develop the Archdale facility, which is expected to start construction next month and finish by January 2024.

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