SEATTLE (Scrap Monster): Georgia-Pacific will invest approximately $285 million to build a new state-of-the-art gypsum wallboard production facility.
The plant, to be built near Sweetwater, Texas, will be the company’s second gypsum wallboard facility in Nolan County. It will be located next to the existing gypsum plant on Highway 1856, off Interstate 20. The combined production capacity of these plants is expected to surpass 1 billion square feet of gypsum products per annum.
As per company news release, the site preparation works for the plant are under progress. The construction is expected to commence soon, with startup slated for late-2022. In addition to the numerous construction jobs, the plant will create approximately 120 full-time jobs. The company plans to make additional investments into its gypsum portfolio. Simultaneously it plans to mothball its Quanah, Texas facility over the next few years, in response to future market conditions.
The Nolan County was chosen as the site for the plant, mainly due to its proximity to gypsum customers, which in turn will result in low logistics costs. The investment demonstrates the company’s ongoing commitment to the state of Texas. It will create high tech jobs in the region, thereby stimulating the local and state economy. It must be noted that the existing Sweetwater facility employs a total of 115 people.