MISSISSIPPI (News release) -- Hood Industries, Inc. announced its plans to build a new, laminated plywood panel manufacturing facility in Beaumont, Mississippi.

The company previously operated a plywood manufacturing facility in Beaumont, tracing back 40 years ago when the facility was purchased and became the first wood products manufacturing facility for Hood Industries.

On April 17, 2022, a tornado caused significant damage to the Beaumont plywood facility and the mill was deemed inoperable.

The new manufacturing facility will be able to operate at a rate twice the capacity as the previous facility and at efficiency levels that support the long-term feasibility of a project of this magnitude. The new facility will employ up to 265 team members and is expected to become operational by early 2025.

After months of considering all the possible options, Hood Industries made the final decision to reinvest in Beaumont where it all began for the company. Construction of the new state-of-the-art plywood manufacturing facility will commence soon.

Hood Industries, Inc. is a blend of wood manufacturing and distribution concerns that include one plywood and four lumber manufacturing plants, and fifteen specialty wood products distribution operations, located in fourteen states serving the northeast, southeast and southwest United States.