# Jasper Lumber and Tolko Industries partner to expand sawmill in Alabama

Jasper Lumber Co. and Canada's Tolko Industries Ltd. have formed a partnership to expand lumber production at a sawmill in Jasper, Alabama, through a $45 million project. The investment will triple capacity and create at least 60 jobs, with plans for new facilities and machinery.

- Type: Expansion
- Announced: 2021-01-04
- Where: Jasper, Alabama, United States
- Value: $45.0M
- Jobs: 60
- Status: announced
- Products: lumber
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Jasper Lumber Company](https://endata.com/companies/52273.md)
- [Tolko Industries](https://endata.com/companies/19259.md) (partner)

## Sources

- [alreporter.com](https://www.alreporter.com/2021/01/04/canadian-company-invests-in-jasper-lumber-leading-to-expansion-and-jobs), 2021-01-04: "The venture between Jasper Lumber and Tolko Industries will deliver a significant economic impact in Walker County through new investment and jobs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.