Cordele Dispatch, Cordele, GA

Local news

November 10, 2012

Wood treating facility coming to Cordele

Cordele — Stella-Jones Inc. (TSX: SJ) Thursday, Nov. 8 announced that it has begun construction of a new wood treating facility on a 40-acre tract of land in Cordele.

The project represents an investment of approximately $11million for Stella-Jones. The Cordele facility will be primarily devoted to the production of railway ties, with an ultimate annual capacity of two million ties.

Initial wood trimming activities are expected to begin in early January 2013, while treating activities should begin near mid-year. At start-up, the facility will provide work for an estimated 26 employees, and have in excess of 50 employees at full capacity.

“The City of Cordele is strategically located between the two fastest growing markets in the southeastern U.S., namely Florida and the Atlanta metropolitan area,” said Brian McManus, president and CEO of Stella-Jones.

“The region is well serviced by Class 1 railroad companies and several regional short-line railroads. This addition to our network will further enhance our product and service offerings to the railroad industry.

“Stella-Jones wishes to thank the Crisp County Industrial Development Council, the City of Cordele, The Heart of Georgia Railroad and the State of Georgia for their assistance and support,” McManus added.

Charlie “Bub” Denham, chairman of the Cordele Crisp County Industrial Development Council commented, “Stella-Jones deciding to build a manufacturing facility in Cordele is very good news for our community.

“They are a strong international company and represent the type of corporate partners we are working to attract to Crisp County. They will be using the inland port for exporting, and this will help bolster the operations at the Port of Savannah as well as in Cordele. We are very pleased to have them as a new corporate partner.”

Stella-Jones Inc. is a leading producer and marketer of pressure treated wood products. The Company supplies North America’s railroad operators with railway ties, timbers and recycling services; and the continent’s electrical utilities and telecommunications companies with utility poles.

Stella-Jones also provides industrial products and services for construction and marine applications, as well as residential lumber to retailers and wholesalers for outdoor applications.

The Company’s common shares are listed on the Toronto Stock Exchange.

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