Weldon, N.C. — A lumber processor plans to open a plant in Halifax County, creating 40 jobs over the next three years, officials said Wednesday.
Meherrin River Forest Products will invest more than $1.8 million in the Weldon plant, which used to be a sawmill and headquarters for Coastal Lumber.
“We are blessed with the opportunity to partner with the community of Weldon and Halifax County in the restoration of the facility and a portion of the 150-plus jobs previously lost,” Don Bright, president of Meherrin River Forest Products, said in a statement. “This acquisition will allow for us to continue our growth and help meet a growing customer demand for both domestic and export hardwood products."
The company operates a production facility in Alberta, Va., about 50 miles from Weldon.
The average annual salary at the Weldon plant will be $33,843, plus benefits. Halifax County's average annual wage is $29,299.
Meherrin River Forest Products qualified for a grant of up to $80,000 from the One North Carolina Fund, which provides financial assistance to attract business projects to the state. The company receives no money up front and must meet job and investment targets to obtain the funds.