NewWood Corp. of Elma has struck a deal to reopen the former Boise Cascade plant at Satsop Development Park.
NewWood subsidiary NewWood Manufacturing will use the 275,000-square-foot plant to make a wood-plastic composite utility board material called polyply. Polyply is used in products such as fruit bins, pallets, fencing, concrete forms and engineered flooring, according to a news release. The plant is expected to employ 150.
The Boise Cascade plant was never in commercial production and closed in 2006. As part of the deal, NewWood acquired “equipment and technology assets” and signed a 20-year lease with Satsop Development Park. The lease includes two optional 10-year extensions.
Hiring will begin immediately, although it will take about four months to get the plant ready, NewWood Corp. president and chief executive John Bowser said in a statement. Job seekers can submit their résumés at www. NewWoodCorp.com, and an open house is set for 11 a.m. Nov. 15 at the NewWood plant at Satsop Development Park near Elma.
Rolf Boone, staff writer