Mountain Top Timber Products to employ 50, invest $3.76 million
The project will expand the company’s wood chipping operations and add a new sawmill and dry kiln capacity.
All told, over the next three years, Mountain Top Timber Products will create 50 new jobs above the county’s prevailing wage and will commit to purchase over $14 million of Virginia-grown timber from area loggers and forestland owners.
Governor Ralh Northam approved a $260,000 grant from the Governor’s Agriculture and Forestry Industries Development (AFID) Fund, which Scott County will match with local funds, to assist the project.
The Virginia Department of Agriculture and Consumer Services, which administers the AFID Fund, worked with Scott County and the Virginia Coalfield Economic Development Authority (VCEDA) to secure the project for Virginia.
The VCEDA Board of Directors approved a $1 million loan to the Scott County Economic Development Authority to help with the project. ■