NORTH TROY, VT - Appalachian Flooring Inc. of Cowansville, QC, will receive $1.2 million in financial aid to create a new 26,000-square-foot production facility in North Troy.

The financial package was recently approved by the the Vermont Economic Development Authority.

The operation, which will manufacture finished engineered hardwood flooring, will be developed under the name Appalachian Engineered Wood Flooring Inc. The company estimates that the flooring mill will create up to 40 jobs within three years of beginning operations.

Appalachian Flooring, founded in 2001, makes and sells pre-finished solid hardwood flooring to retailers and distributors across Canada and the U.S. On its website, the company said it opened its prefinishing plant in 2004 and in 2010 completed the installation of automated equipment "to improve the quality of the flooring."