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Verbatim: Lumber company growing

Statement issued Monday:

South Milford, IN. (October 11, 2010) – Tri-State Hardwood Co., Inc today announced plans for an expansion of their operations in South Milford, IN.

The planned expansion at the plant in South Milford will involve the construction and installation of two new 50,000 board foot drying kilns as well as a new log de-barker. The new equipment will allow Tri-State Hardwood Co. Inc. to increase the capacity of lumber that is processed at the South Milford facility and will increase the efficiency of the operation. The company, along with the LaGrange County Economic Development Corporation, will be requesting tax abatements from the LaGrange County Council for a period of ten years on the improvements, valued at $449,775. This expansion follows many recent improvements and additions to the operation over the last two years, valued at approximately $500,000. The expansion will also create four new positions at Tri-State Hardwood Co., Inc. In addition to the new jobs created, an additional 29 jobs will be retained, bringing their total employment to at least 33 employees.

“We are very excited to announce the planned expansion of our operations in South Milford” said Denver Calhoun, President of Tri-State Hardwood Co., Inc. “The addition of the new kilns to our facility will allow us to almost double our current kiln capacity. We are eager to get this project underway and strengthen our continued partnership with LaGrange County.”

“Tri-State Hardwood Co., Inc. has been a great partner in the South Milford community and we’re excited that they have continued to grow within LaGrange County” said Keith Gillenwater, Executive Director of the LaGrange County Economic Development Corporation. “The woodworking industry in LaGrange County is one of our core industries and the subject of one aspect of our upcoming strategic planning for our organization. Tri-State Hardwood Co., Inc. is a true success story in LaGrange County and we value their commitment to the community of South Milford.”

About the LaGrange County Economic Development Corporation

The LaGrange County Economic Development Corporation, established in 2009, is a 501(c) 3 corporation designed to assist business development needs. The LCEDC partners with local, regional, state, and federal agencies to attract and develop new businesses and entrepreneurs, as well as expand existing businesses, in LaGrange County and its communities. For more information about the LaGrange County EDC, please visit www.lagrangecountyedc.com or call 260.499.4994

About Tri-State Hardwood Co., Inc.

Tri-State Hardwood Co., Inc. is a manufacturer of quality hardwood products located in South Milford, IN. Tri-State Hardwood Co., Inc. operates a sawmill that processes timber from Indiana, Michigan, and Ohio and provides wholesale lumber to businesses throughout the United States as well as for the foreign export market. For more information on Tri-State Hardwood Co., Inc, please visit www.tshardwood.com or call 260-351-3111.

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