DOTHAN, Alabama – International Beams, a producer of engineered wood products, announced today that it will invest nearly $20 million to open a manufacturing facility near Dothan to produce innovative timber panels and beams using Southern Pine lumber.
IB said its project will create 60 full-time jobs on a two-shift operation, with the possibility that figure could rise by 25 positions over a five-year period. Anticipated capital investment in the new facility is $19.6 million.
“Dothan, a city known for its manufacturing and agribusiness industries, is the perfect place to build the expert staff that will grow the engineered wood products market,” IB Chief Executive Bruno Lebel said. “We’re excited about this new venture and look forward to being a driving force for Dothan’s economy.”
IB officials joined Alabama Governor Kay Ivey, Commerce Secretary Greg Canfield, and local officials for an official announcement about the project this morning in Dothan.