Resolute Forest Invests in Glenwood

A global leader in the forest products industry has created more than 160 jobs in the natural state since 2019 and is further investing $28 million in 2 Arkansas operations. Resolute Forest Products acquired sawmills in El Dorado and Glenwood last year and plans to grow its wood products especially in light of the demand for building materials as has been seen this year and last.

The timber industry equates to approximately 5% of the state’s economy and state officials such as Mike Preston, Secretary of Commerce, says the state is thrilled that a company with global recognition has chosen to invest here.

Resolute’s capital investment of $8.4 million into the Glenwood operation will allow the facility to expand production of lumber to upwards of 185 million board feet. This project is expected to be completed by the end of 2022.