Morgan Lumber Co. to invest expand in Charlotte
- March 1, 2010
Morgan Lumber Co. plans to spend $4.2 million to expand its operations in Charlotte County, creating 25 jobs.
The company is installing dry kiln technology at its Charlotte operations to double its production and increase energy efficiency.
Gov. Bob McDonnell, who made his first economic development announcement, has said improving Southern Virginia’s economy is a top priority.
“A major priority for my Administration is energizing the economy in Southside,” McDonnell said in a statement. “The expansion of Morgan Lumber with its 25 new jobs is especially meaningful in this rural community.”
McDonnell approved a $100,000 grant from the Governor’s Opportunity Fund to help Charlotte with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $125,000 in Tobacco Region Opportunity Funds for the project.
Virginia competed with North Carolina for the project.