Below is a press release from the Mississippi Development Authority:
Huber Engineered Woods, a leading specialty building products manufacturer, is locating a state-of-the-art oriented strand board manufacturing plant in Shuqualak in Noxubee County. The project is a $418 million corporate investment and will create 158 jobs.
“This massive investment by Huber Engineered Woods is a significant win for Mississippi and is another example of our state’s strong economy. We are proud to welcome another top manufacturer to Mississippi and are excited about the economic benefits this investment will bring. We look forward to working with Huber Engineered Woods as they build and grow in our state.” – Gov. Tate Reeves
Huber Engineered Woods plans to locate on a 551-acre site where the company will produce specialty engineered wood panels.
The Mississippi Development Authority is providing assistance for infrastructure needs. MDA also certified the company for the Advantage Jobs Rebate Program, which is designated for eligible businesses that create new jobs exceeding the average annual wage of the state or county in which the company locates or expands.
“Mississippi’s rich natural resources in agriculture, forestry and wood products have always been a catalyst for economic growth. We are thrilled to see Huber Engineered Woods invest in our state, bringing new job opportunities and boosting our economy. MDA is proud to support this venture and looks forward to its success.” – MDA Deputy Executive Director Laura Hipp
AccelerateMS is providing assistance for workforce training, and Noxubee County and Tennessee Valley Authority also are assisting with the project.
Huber Engineered Woods is one of the largest private land managers in the U.S. and employs more than 1,000 people across the country. Construction on the new facility is expected to begin in the near future.
“Noxubee County is proud to support and work with Huber Engineered Woods in their new location near Shuqualak. We are thankful for their confidence in our workforce and look forward to a long-term partnership that supports their profitability, as well as our communities, citizens and schools.” – Eddie Coleman, President, Noxubee County Board of Supervisors
The new facility is part of Huber Engineered Woods’ ongoing commitment to innovation and sustainability and is its largest capital investment to date.