Trig County, Ky. — PJ Clark Lumber LLC announced plans to locate in an already existing facility in Trigg County, creating 35 full-time jobs with a $5 million investment.
PJ Clark will occupy the former Little River Dry Kiln facility on Cerulean Road in Trigg County, an operation that includes 11 dry kilns, a planner/grading facility and a warehouse on 23 acres. The Cadiz operation will begin with the production of kiln-dried softwood and hardwood lumber.
The company will source lumber from local partners in Kentucky to be kiln-dried and processed, with the final product distributed for residential construction. Company leaders expect to create 13 full-time jobs during the first year of operation, ramping up to a staff of at least 35 by 2023.
Founded earlier this year and headquartered in Coppell, Texas, PJ Clark Lumber produces lumber for the multifamily and single-family construction market. A portion of the company’s green lumber is sourced from TW Lumber sawmill in Cadiz, which the Wadlington family has owned and operated for over 25 years.
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) on Thursday preliminarily approved a 15-year incentive agreement with the company under the Kentucky Business Investment program. The performance-based agreement can provide up to $750,000 in tax incentives based on the company’s investment of $5 million and annual targets of:
- Creation and maintenance of 35 Kentucky-resident, full-time jobs across 15 years; and
- Paying an average hourly wage of $23 including benefits across those jobs.
By meeting its annual targets over the agreement term, the company can be eligible to keep a portion of the new tax revenue it generates. The company may claim eligible incentives against its income tax liability and/or wage assessments.
In addition, the company can receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives.
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