As we’ve often said, we believe in investing in our building products business to remain competitive and to meet customer demand, even while the housing market continues to slowly improve. Today, that path continues with an investment of approximately $6 million at our Thorsby, Alabama, engineered lumber operation.
The improvements to our Thorsby operations will increase our ability to supply laminated veneer lumber
(LVL) – a key component for beams and headers in new construction.
The investment will expand production capacity of LVL and provide better efficiency in our operation. The new upgrades are expected to be completed by the second quarter of 2015.
While in the short-term the housing market might not always be clear, we’re building for long-term success.