Ten Oaks LLC (Stuart, Va.), which was purchased by Canada-based Boa-Franc in 2019, will invest $9.3 million to construct a hardwood sorting and stacking facility in Patrick County, Va.
The new mill will create 11 high-paying jobs and lead to the purchase of more than $18 million in forest products in Virginia over the next three years, Virginia Governor Ralph Northam announced.
“Ten Oaks’ expansion and continued investment is a reflection of Virginia’s thriving forestry industry,” Northam stated. Forestry is the state’s third-largest private industry.
The new mill will be located less than five miles from the company’s headquarters and manufacturing center in Stuart, Va.
“We are really happy with this announcement, and we are convinced that this project will have a positive impact for Patrick County’s community,” stated Pierre Thabet, president of Ten Oaks and Boa-Franc. “This will help to accelerate the growth by developing new innovations and secure the wellbeing of the region. We are confident that it will be a success over time.”
