Two Houston County companies plan to make $92 million in infrastructure improvements, resulting in at least 70 new jobs.
SmartLam North America, which makes cross-laminated timber, will invest $62 million to build a new glulam manufacturing facility. Peak Renewables will build a $30 million wood pellet production facility.
“The forest products industry has long been a central pillar for Alabama’s economy, and its vitality is attracting significant levels of new investment and driving job growth across the state,” said Greg Canfield, Alabama’s commerce secretary. “These new investment projects in Dothan will inject additional vigor and innovation into this critical sector.”
The combined projects are one of the largest industrial investments in the history of the Wiregrass region, according to the Dothan Area Chamber of Commerce. The SmartLam expansion should be operational in 2024, and the new pellet plant should open in 2023.
