The project will expand the company’s wood-chipping operations and add a sawmill and dry kiln capacity. Over the next three years, Mountain Top Timber Products will create 50 jobs paying more than Scott County’s prevailing wage and will commit to purchase more than $14 million of Virginia-grown timber from local loggers and forestland owners.
“My administration is committed to partnering with our local governments and economic development allies to leverage local resources and bring prosperity to all corners of the commonwealth,” Northam said. “That’s why this announcement is not only a great win for the forestry industry and for Scott County, but for all Virginia as we continue to create opportunities for all Virginians.”
Northam approved a $260,000 grant from the Governor’s Agriculture and Forestry Industries Development (AFID) Fund, which Scott County will match with local funds, to assist the project.
The Virginia Department of Agriculture and Consumer Services, which administers the AFID Fund, worked with Scott County and the Virginia Coalfield Economic Development Authority (VCEDA) to secure the project for Virginia.
The VCEDA board of directors approved a $1 million loan to the Scott County Economic Development Authority to help with the project.
“The citizens of Scott County are excited to welcome a new partner and look forward to a long and fruitful relationship with Mountain Top Timber Products,” said David Redwine, chairman of the Scott County Board of Supervisors. “We are pleased that the company recognizes that our people are our greatest asset and have chosen Scott County as their new location to grow into the future.”
Also assisting was the Virginia Tobacco Region Revitalization Commission with a $125,000 award from the Tobacco Region Opportunity Fund and a $125,000 loan.
The project may be eligible for funding through the Virginia Jobs Investment Program (VJIP) administered by the Virginia Economic Development Partnership, which would provide funding and services to support the company’s employee training.
Virginia Community Capital also worked with the company to secure funding. The town of Dungannon and the LENOWISCO Planning District Commission also assisted with the project.
“It’s great to see a company like Mountain Top Timber expand into Scott County,” said Sen. Bill Carrico, a Virginia Tobacco Commission member. “Forestry and timber products have long been an important part of our economy in Southwest Virginia, and I am pleased that the Tobacco Commission chose to support the resurgence of one of our staple industries and bring more than 50 new jobs to our region.”