The Board of Directors of Southeastern Timber Products LLC, an STP-Tolko Partnership (STP) announces a $150 million capital investment in the STP lumber mill in Ackerman, Mississippi. The partnership is a joint venture between Tolko Industries (U.S.) Ltd. and STP Holdings, LLC. This investment is the next step in an expansion project that will upgrade the mill from 120MMFBM to 250MMFBM annual capacity. The project will conclude in the 1Q 2024. “We’re excited to be moving to the next stage of this expansion,” says Tolko ...
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