FRANKFORT, Ky. (Jan. 28, 2016) – Governor 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 Fleming County facility.
“I am thrilled to announce that GreenTree Forest Products Inc. is investing more than $2 million in Kentucky and adding 10 full-time jobs to our local economy,” said Governor Bevin. “It is a testament to the quality of Fleming County’s workforce and further indication that Kentucky is open for business. I applaud this home-grown success story.”
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.
“Our family has deep roots in Rowan and Fleming counties. We are a third generation lumber family, born and raised in eastern Kentucky,” said GreenTree Co-Owner James Wells. “Our family has been in the lumber business since 1954 and we just celebrated our 25th year of business at our Fleming County location.