Newstalk 860 logo
Get our free mobile app

Over the course of the past 10 years, there has been quite the population explosion in Texas.  With a surge of more than 4 million residents during that time, more families and companies are relocating to the Lone Star state. The increase in home prices and rising costs of building materials, appliances, and labor in the past year indicate a severe shortage of oriented strand board (OSB) supply. According to a press release from Martco L.L.C (RoyOMartin), Corrigan OSB is stepping up to meet this increased demand with the addition of a new facility.

Construction will soon get underway for a second oriented strand board manufacturing facility near its current, state-of-the-art OSB plant located in Corrigan on U.S. Highway 287. Corrigan OSB, L.L.C. is the wholly owned Texas subsidiary of Martco L.L.C., a wood-products manufacturing and timber-management company headquartered in Alexandria, Louisiana. Construction is scheduled to begin this year, with start-up anticipated in 2023. The new facility is expected to significantly increase production capacity at Corrigan, while focusing on existing and new value-added OSB products.  The project will bring construction jobs to east Texas later this year and create additional, permanent jobs once completed.

Contributed Photo
Contributed Photo
loading...

OSB is commonly used in the construction of residential and multifamily housing, as well as in a variety of other applications. OSB panel products at the new facility will be marketed under the RoyOMartin® brand. “We recognize the trend, and we believe most families want to eventually own their own home in America,” stated Chairman, CEO, and CFO Roy O. Martin III. “That’s why we are expanding – for the future.”

 

LOOK: Here is the richest town in each state

Just saying the names of these towns immediately conjures up images of grand mansions, luxury cars, and ritzy restaurants. Read on to see which town in your home state took the title of the richest location and which place had the highest median income in the country. Who knows—your hometown might even be on this list.

More From Newstalk 860