Georgia-Pacific Manufacturing announced it would invest $425 million in Jackson to build a Dixie manufacturing plant on the 241 acres of land recently purchased by the city in an elaborate land deal.
This is the first new Dixie Manufacturing plant built since 1991.
The facility, which will provide more than 200 jobs, will be located on the land between Highway 223, Lower Brownsville Road and Anglin Lane, which was purchased by the City of Jackson in December and sold to Georgia-Pacific Manufacturing in February. .
After:Jackson City Council Finally Signs Georgia-Pacific Land Agreement
“We are thrilled and grateful for Georgia-Pacific’s $425 million investment in its Jackson Dixie plant in our growing community. This is an exciting time for Jackson as this project is the biggest investment in our history,” City Mayor Scott Conger said in a press release. “It has been a pleasure to work with the team at Georgia-Pacific over the past 18 months, and we are proud that the company calls Jackson home.”
Construction is expected to begin by the end of the year, with a start in the summer of 2024, according to Georgia-Pacific’s official statement.
Once operational, the 900,000 square foot plant will produce tableware products, including Dixie and Dixie Ultra plates and bowls.
“Businesses choose to invest in Tennessee because of our skilled workforce and unparalleled business climate,” Tennessee Governor Bill Lee said. “I salute Georgia-Pacific’s commitment to creating more than 200 jobs in Jackson so that Tennessees across the region can prosper.”
The company has appointed Mike Cook as plant manager for the new operation.
Georgia-Pacific currently directly employs about 460 people and operates six facilities in the state of Tennessee, according to the release.
The company’s economic impact contributes an additional 1,430 indirect jobs, $100 million in labor income, with capital investment in the state totaling more than $250 million since 2011.
According to the release, the company recently announced additional plans to invest more than $20 million in its corrugated mill in Lebanon, Tennessee.
“This major investment in our community not only strengthens our local economy, but also emphasizes our region’s skilled workforce and the ideal location for businesses to thrive,” said the county mayor. of Madison, AJ Massey. “Through our K-12 schools, technical colleges and universities, we continue to focus on developing the skills needed to create a workforce that can meet the needs of our industries today and in the future. ‘coming.”
A new installation is coming soon
The new site for the facility is the product of a long succession of Jackson City Council meetings, which pushed the complex deal through the drags of bureaucracy earlier this year.
The land deal, originally titled “Project Cardinal” before Georgia-Pacific announced its involvement, saw the city purchase three separate parcels of land located between Highway 223, Lower Brownsville Road and Anglin Lane for a total cost of $4.9 million.
The city then combined two of the newly purchased parcels – “Parcel A”, a parcel of land previously purchased from Tall Oaks Farms, and the “Freeman Property”, purchased from the Freeman family – with 121 contiguous acres already owned by the city. , and sold the total 257 acres to Georgia-Pacific for a net profit of $3.86 million in February.
“(The deal) gives us a great opportunity going forward,” Conger said, at the February meeting finalizing the purchase. “Georgia-Pacific’s arrival also allows us to leverage more and review more industrial properties, so we can be more attractive to incoming industries.”
The city uses this profit to purchase another parcel of land – “Parcel B” – which sits adjacent to the 257 acres and will cost $2.525 million, leaving the city with a total profit of $751,800.
However, although parcel B is not yet ready for sale, the city expects to be able to sell parcel B relatively easily in the future – due to its proximity to railroad access – with a Minimum price estimated at $3 million.
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