Posted: Jun 10, 2014 11:15 AM
Source: Associated Press
BERNICE - Georgia-Pacific says it has completed the acquisition of a chip mill in Bernice from Hunt Forest Products, Inc., headquartered in Ruston, for an undisclosed price.
The Bernice chip mill produces "clean chips" from logs that have been debarked before the chipping process, and are used to make paper products.
Georgia-Pacific currently operates three facilities in Louisiana, in addition to a wood and supply office at Port Hudson.
The company employs approximately 1,350 people directly in the state, with total compensation and benefits for Louisiana employees totaling approximately $110 million.