The Lumber Manufactory opens sawmill in New Albany

Rubber and Wood  |  2026-08-13 14:37:04   |   By

TLM constructed a sawmill in New Albany to make use of Mississippi’s abundant pine sawtimber, a key factor in the company’s decision to locate in the state. The New Albany location also creates new opportunities for private landowners to sell their timber.

Summary

Story Summary

  • TLM's New Albany sawmill is a $15 million-plus investment tied directly to Mississippi's pine sawtimber resources.
  • Local and state incentive programs, including the Mississippi Flexible Tax Incentive, helped bring the project to the state.
  • CEO Michael Grasso framed the mill as addressing a national gap: timber supply outpacing domestic lumber manufacturing capacity.
  • Private timberland owners near New Albany gain a new buyer for their pine sawtimber.
  • The facility has moved from construction to full operation.

The Lumber Manufactory Opens $15 Million Sawmill in New Albany, Mississippi

The Lumber Manufactory's new facility is now operational, tapping Mississippi's pine sawtimber supply and adding more than 50 jobs to the region.

What Readers Should Know

  • The Lumber Manufactory (TLM) has opened a new sawmill in New Albany, Mississippi.
  • The project represents a corporate investment of more than $15 million.
  • More than 50 jobs are being created at the New Albany facility.
  • The mill runs on Mississippi's pine sawtimber supply, giving local landowners a new buyer for their timber.
  • The Mississippi Development Authority is supporting the project through the Mississippi Flexible Tax Incentive program.
  • The New Albany facility is now fully operational.

Why TLM Chose New Albany

TLM built the sawmill in New Albany to make use of Mississippi's abundant pine sawtimber, which the company identified as a key factor in its decision to locate in the state. The new facility also gives private landowners in the area a new outlet to sell their timber.

What TLM's Leadership Said

TLM Co-Founder and CEO Michael Grasso credited state and local partners for helping bring the project to completion. 'Mississippi has been an outstanding partner in bringing this facility to life, and we are grateful to Governor Reeves, MDA, AccelerateMS, Union County and the New Albany community,' Grasso said. 'America has a timber surplus and a lumber manufacturing deficit and our new state-of-the-art mill here creates a tremendous opportunity to build more sawn wood products at home. We are proud to begin that work in Mississippi.'

Also Read

Who Is Supporting the Project

The Mississippi Development Authority (MDA) is providing assistance through the Mississippi Flexible Tax Incentive program. AccelerateMS and Union County are also assisting with the project.

Current Status

The company's New Albany facility is now operational.

People Also Ask

What company opened the sawmill in New Albany?

The Lumber Manufactory (TLM) opened the sawmill.

How much did TLM invest in the New Albany facility?

The project represents a corporate investment of more than $15 million.

How many jobs will the sawmill create?

The project is expected to create more than 50 jobs.

Why did TLM choose Mississippi for this mill?

TLM cited Mississippi's abundant pine sawtimber supply as a key factor in its decision to locate the mill in the state.

Is the New Albany sawmill operational yet?

Yes. The company's New Albany facility is now operational.

Explore More

Courtesy: www.wjtv.com