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TheStreet Open House

Georgia-Pacific Celebrates Start-up Of Clarendon OSB Mill

ATLANTA, April 10, 2013 /PRNewswire/ -- South Carolina government officials joined Georgia-Pacific leaders today to celebrate the start-up of production at the company's oriented strand board (OSB) plant at Clarendon County, S.C., and the 130 new jobs these operations create. Jim Hannan, CEO and president of Georgia-Pacific, and Bryan Stirling, chief of staff to Governor Nikki Haley, addressed a group of mill employees and officials from state, county and city government.

(Photo: http://photos.prnewswire.com/prnh/20130410/CL92415 )

" South Carolina is a major part of our focus on growing our building products business," said Jim Hannan. "The investment in our Clarendon County facility makes us well-positioned to grow with our customers as the housing market continues its slow recovery."

"Creating a strong business environment in the state, and as a result a skilled workforce, is a priority for me as governor," Gov. Haley said in a statement. "The economic ties to manufacturing are a key component in this effort and partnerships between the State of South Carolina and industry like Georgia-Pacific help South Carolina stay competitive."

The mill was part of a $400 million acquisition of Grant Forest Products in 2010 that also included a plant in Allendale County, S.C., and another plant in Englehart, Ontario. Georgia-Pacific spent an additional $30 million to complete construction on the Clarendon facility in 2011, and in 2012 announced plans to start-up operations this year.

Georgia-Pacific, which is a wholly-owned subsidiary of Koch Industries, headquartered in Wichita, Kan., has seven manufacturing facilities in South Carolina directly employing approximately 1,400 people. These jobs, combined with those created by other Koch companies in the state, employ more than 2,000 people directly and support nearly 7,500 South Carolina jobs overall with total compensation of $384 million annually.

Georgia-Pacific OSB products include BlueRibbon ® rated sheathing and sub-floor, Thermostat ® OSB radiant barrier sheathing, and DryGuard ® enhanced OSB sub-floor, plus larger panels used in specialty applications.

Headquartered at Atlanta, Georgia-Pacific is one of the world's leading manufacturers and marketers of building products, tissue, packaging, paper, cellulose and related chemicals. The company employs nearly 35,000 people worldwide. For more information visit www.gp.com.

SOURCE Georgia-Pacific

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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