- RoyOMartin is investing $115M to expand its timber manufacturing campus in rural Polk County, Texas.
- The project will boost production capacity by 70% and add 123 new full-time jobs while retaining 200 existing positions.
- National New Markets Fund contributed $28.5M in new markets tax credit allocation to support the expansion.
- The investment strengthens the industrial sector in a deeply distressed rural market near Houston.
Significant Expansion in Timber Manufacturing
According to Bisnow, RoyOMartin, a leading wood products manufacturer, is making a substantial investment in Houston industrial markets with a $115M expansion of its Corrigan, Texas campus. The company aims to increase production capacity for oriented strand board by 70% at its existing 407 KSF plant and with a new 370 KSF specialty facility already under construction on the 150-acre site.
Economic Boost for Rural Texas
The Houston industrial region will benefit from the addition of 123 full-time jobs, while the project helps retain 200 current positions—vital for Polk County, labeled as a deeply distressed rural community. Funding support came from National New Markets Fund, an affiliate of SDS Capital Group, which invested $28.5M from its new markets tax credit allocation, underscoring the importance of public-private partnerships in spearheading rural economic growth.
Sustainable Industry Commitment
RoyOMartin, managing 550,000 acres of sustainable timberland since 1923, reinforces its commitment to sustainable forestry practices with this Houston industrial expansion, as large-scale timber and wood-based developments continue gaining traction in major markets as a viable alternative to traditional construction materials. The new facility aligns with broader trends, as manufacturers—including tech giants—continue to invest in the greater Houston area, signaling steady industrial momentum in the region.
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