Bienville Lumber

New Markets Tax Credit Coalition

Gibsland,
LA
(2023)

Bienville Lumber

Business Development, Timber and Agriculture

NMTC financing supported 130 new jobs near Taylor, Louisiana.

Investment

NMTC Amount: $43,000,000
Total Project Cost: $270,023,876

IMPACT

187 FTE jobs
180 construction jobs
Strongly supported by state and local officials, the mill will be a major employer in this rural area and provide vital support to the local forestry industry by procuring 1.3 million tons of regional timber per year.

CDEs

AMCREF Community Capital, National New Markets Fund, PB Community Impact Fund

Investor

Unknown

Project Description

NMTC financing supported a 50/50 partnership between Tolk Industries and Hunt Forest Products. Hunt Forest Products is a full service wood products company founded in 1978 that manufactures a variety of plywood, lumber and other specialty wood products. Tolko is a 60 year old Canadian family-owned business that manufactures lumber, plywood, and veneer-oriented strand board co-products, biomass power, and specialty wood products.

The $240 million, state-of-the-art sawmill in Bienville Parish, near Taylor, Louisiana will employ approximately 60 people when operations begin in 2023. The sawmill will employ approximately 130 people when operating at full capacity.

MAP

Address: 1643 Highway 80, Gibsland, LA 71028

Census Tract: 22013970200

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