New industry, new jobs, redevelopment and expansion are subjects of some of Lufkin Economic Development Corporation’s recent success stories.
- Angelina Forest Products, LLC has announced plans to open a $100 million sawmill in Lufkin by the third quarter of 2019. The operation is expected to create 100 full-time jobs and contribute $52 million to the Texas economy in its first year.
- A vertically integrated manufacturer that delivers high-performance ground protection mats and other products, Sterling Lumber Company will invest more than $30 million to open a new TerraLam Cross-Laminated Timber mat manufacturing facility. As an incentive the firm, which is expected to create 150 jobs in the region, will receive a Texas Enterprise Fund grant of $825,000.
- Lufkin Economic Development Corporation announced its plans to offer an economic incentive to a Wisconsin-based company called Twin Disc, Inc. which will bring 50 new jobs.
- Standridge Color Corp. is a family-owned, Georgia-based company with seven manufacturing facilities in the United States, as well as one in China and the Czech Republic. The company plans to hire between 15 and 20 full-time employees, as well as use local contractors to fix up the old Dunagan warehouse on Lufkin’s Industrial Street by 2021.