Martco to invest $30 million in facility modernization

Martco LLC, parent company for timber sourcing and manufacturing company RoyOMartin, announced it will invest more than $30 million to install technologically advanced production equipment at its Allen Parish plant that produces oriented strand board (OSB) for the housing industry.

The RoyOMartin OSB plant is one of the parish’s largest employers, and as a result of this expansion, the company will retain its 232 full-time employees who earn an annual average salary of $75,000. Louisiana Economic Development estimates the project will also result in nearly 600 indirectly supported jobs in the state, for a total of 831 retained and indirectly supported jobs. Read more.