New Markets Tax Credit Coalition

Search

Caddo River Forest Products

Caddo River Forest Products invested up to $50 million to reopen its sawmill in Glenwood, Arkansas. The company created 136 new jobs.

Investment

  • NMTC Amount: $6,951,000
  • Total Project Cost: $10,000,000

IMPACT

  • 136 FTE jobs

Project Description

Caddo River Forest Products invested up to $50 million to reopen its sawmill in Glenwood, Arkansas. The company created 136 new jobs.

The company manufactures dimensional and specialty lumber. The re-start of the mill also provided indirect employment opportunities for loggers, landowners and transportation specialists.

MAP

Address: 229 South Spur 8, Glenwood, AR 71943

Site Visits

Rep. Westerman (R-AR) tour of Caddo River Forest Products

A sawmill in Glenwood that has been closed for nearly 10 years will be buzzing once again.
Jun-2017

Other Arkansas Projects

Construction and equipment purchases at peanut shelling plant and buying point warehouse in Jonesboro, AR.
Financing to construct an additional 2 megawatts in solar capacity, expanding an existing construction project from 5 MW to 7 MW.
Expansion of an existing facility and the purchase of new equipment for an automobile parts manufacturer in Heber Springs, AR.
NMTC brings first new manufacturer to industrial park in almost fifteen years.