MONTREAL, QUEBEC - Stella-Jones Inc. (TSX:SJ) today announced that it has begun construction of a new wood treating facility on a 40-acre tract of land in Cordele, Georgia, approximately 225 kilometers (140 miles) south of Atlanta. The project represents an investment of approximately US$11.0 million for Stella-Jones.
The Cordele facility will be primarily devoted to the production of railway ties, with an ultimate annual capacity of two million ties. Initial wood trimming activities are expected to begin in early January 2013, while treating activities should begin near mid-year. At start-up, the facility will provide work for an estimated 26 employees, and have in excess of 50 employees at full capacity.
"The City of Cordele is strategically located between the two fastest growing markets in the south-eastern U.S., namely Florida and the Atlanta metropolitan area. The region is well serviced by Class 1 railroad companies and several regional short-line railroads. This addition to our network will further enhance our product and service offerings to the railroad industry," said Brian McManus, President and Chief Executive Officer of Stella-Jones.
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