Gov.Glenn Youngkin announced today, May 21, that West Point Veneer LLC, plans to invest $2.5 million to reactivate its former manufacturing facility in the Town of West Point. The reopening aims to increase capacity to meet growing demand in the global wood veneer market and will create 92 new jobs, the governor’s news release said.
“We are very pleased to announce the re-opening of our hardwood veneer mill since it was closed in December of 2017,” said Dean Calhoun, CEO of Coldwater Veneer. “The Town of West Point, the Virginia Port Authority, and the Virginia Economic Development Partnership all worked together seamlessly to assist us in many ways. This veneer mill has state-of-the-art technology and equipment and will bring new jobs to the community and opportunities for employees to learn new skills and allow West Point Veneer to provide the highest quality products in the industry that are all made here in America.”
West Point Veneer is a wholly owned subsidiary of Coldwater Veneer Incorporated, a wood veneer company that supplies quality veneer around the world utilizing the finest modern technology. The company’s customers include both dealers and manufacturers of wood veneer faces, panels, doors, furniture, cabinets, store fixtures, and other architectural applications. Coldwater Veneer was founded in Coldwater, Mich., in 1979.
Once re-operational, the West Point mill will produce the highest grades of wood veneer available in the U.S. marketplace and will have the capacity to ship the veneer around the globe via The Port of Virginia.
“The Town is excited to see new life at the former West Point Veneer plant with the improvements and job opportunities made possible by Coldwater Veneer, Inc.,” said Jack Lawson, Mayor of the Town of West Point. “We welcome the company to our community and look forward to working together. We appreciate everyone’s efforts in this significant reinvestment.”
“West Point Veneer’s decision to reactivate its facility in West Point is good news for the region, for job growth and for the economy,” said Stephen A. Edwards, CEO and executive director of the Virginia Port Authority. “West Point will be eligible to leverage The Port of Virginia Economic and Infrastructure Development Zone Grant to its advantage to help this effort move forward. This company is known internationally for its high-quality veneers and The Port of Virginia is ready to help West Point Veneer reach markets around the globe.”
“Reopening the West Point Veneer mill is a significant boost for our local economy,” said Delegate Keith Hodges. “This investment not only creates jobs but also reinforces our commitment to supporting industry growth in our region.”
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<a href="http://www.bullrunnow.com/news/article/hardwood_veneer_manufacturer_to_reopen_mill_in_west_point_near_williamsburg">Hardwood veneer manufacturer to reopen mill in West Point near Williamsburg</a>