ATLANTA — Georgia-Pacific today (June 10) announced it has completed the acquisition of a chip mill in Bernice, La., from Hunt Forest Products, Inc., headquartered in Ruston, La., for an undisclosed price.
“We view this acquisition as a long-term investment that expands our access to wood and fiber supply in the region,” said Mike Adams, senior vice president of sourcing for Georgia-Pacific. “The Bernice chip mill is a quality asset with a team of talented employees and will fit well into our existing sourcing operations.”
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.