Tuesday, July 4, 2023
Musser Biomass and Wood Products will invest $7.5 million jointly to expand their operations. The expansion will more than double the production of dried hardwood chips and sawdust the company supplies to composite decking manufacturers, plastic extrusion companies, barbecue companies, and wood pellet companies. Ten jobs will be created as the company also increases its purchase volumes of hardwood residuals from regional sawmills.
Musser Lumber Co. created Musser Biomass and Wood Products as a division in 2020. A second residual drying system that can treat more than 80,000 metric tons of wood fibre annually must be installed as part of the expansion. The business will also expand its log and pulpwood yard.
“Virginia’s forestry industry adds more than $23 billion to the commonwealth’s economy and employs over 108,000 Virginians, making it our third largest private sector industry,” said Gov. Glenn Youngkin. “Supporting companies like Musser Biomass and Wood Products help keep this industry strong and spurs economic development in our rural communities.” Glenn Youngkin added further.
Musser receives a $75,000 grant from the commonwealth’s Agriculture and Forestry Industries Development (AFID) Fund to support the project, which Wythe County will match with local funds.
Image Courtesy: Woodworking Network
Tags: $7.5 million, AFID, decking manufacturers, dried hardwood chips, Drying system, Gov. Glenn Youngkin, Investment, Musser Biomass, Musser Lumber Co., operation expansion, sawdust, wood fibre, wood pellet company, wood products
