BATH, NY (WETM) – LP Corp, a manufacturer of wood-based building materials, is due to open a new $ 24 million facility in Bath.
According to Steuben County’s Industrial Development Agency, LP Corp will build a new facility that will employ more than 60 people. The 75-acre facility will be located in the Steuben County Industrial Development Agency’s industrial park on State Route 54 and is expected to open in the third quarter of 2023.
The company will receive its exterior trim product by rail from its manufacturing plants at the new location. The material is then painted, packaged and distributed across LP’s existing network across the Northeast and beyond. As a result of the project, LP plans to create around 60 new jobs in the Southern Tier area. The company expects the site to be operational in the third quarter of 2023.
Empire State Development is providing up to $ 1 million through the Excelsior Jobs Tax Credit Program in exchange for job creation commitments. New York State Electric and Gas (NYSEG), Steuben County IDA and B&H Railroad also support the project.
Hope Knight, acting commissioner for Empire State Development and designated President & CEO, said, âLP is another company that has chosen to expand into the Southern Tier thanks to local talent strengths that support its success. This project also reflects how our strategic incentives for forward-thinking companies are helping to boost the economy and create high-paying jobs in both Steuben County and throughout New York State. “
The company plans to build its new LPÂ® SmartSideÂ® ExpertFinishÂ® in the Bath prefabrication facility.
Neil Sherman, LP Executive Vice President, said, âLP SmartSide ExpertFinish has seen phenomenal growth since the product was released in 2020. We are pleased to be building a preprocessing facility in the city of Bath to meet strong customer demand for our product. Strategically located near our customers in the northeastern United States, we were thrilled to find Steuben County and its highly qualified employees. LP thanks Steuben County IDA, Empire State Development, Town of Bath, New York State Electric and Gas and B&H Railroad for their partnership and warm welcome to the community. “
LP Building Solutions (LPX) was founded in 1972 and is headquartered in Nashville, Tennessee. As a leading provider of high-performance construction solutions, the company manufactures wood-based construction products that meet the requirements of builders, renovators and homeowners around the world.
The company operates 25 production sites in the USA, Canada, Chile and Brazil and employs around 4,500 people.
Senator Thomas F. O’Mara said, âThis is great news for the City of Bath, Steuben County and our entire Southern Tier region. The new LP Building Solutions plant promises good new jobs, an exciting and important production anchor for the local economy and an even stronger foundation for future economic growth throughout the Southern Tier. “
Rep. Philip A. Palmesano said, “The state-local public-private partnership and teamwork to bring LP Building Solutions to Steuben County is a great victory for the City of Bath, the county and our entire Southern Animal Region. The arrival of a world-class manufacturer like LP strengthens the local economy, creates urgently needed new jobs and promises future economic growth and opportunities. ”
Bath City Supervisor Ronald Smith said: âWe welcome LP Building Solutions to our community. The associated high-quality jobs are a welcome addition to our workforce. It’s another piece of making Bath a travel destination as opposed to a drive-thru community. The City of Bath is delighted to be part of this growth. We look forward to further cooperation with LP Building Solutions, Empire State Development and Steuben County IDA. “
Carl A. Taylor, President and CEO of NYSEG and RG&E said: “NYSEG’s economic development programs play an important role in building strong and healthy economies in the communities in which we operate. We are proud to be a strategic partner of Empire State Development, Steuben County IDA and the local community to support LP’s significant investment and long-term success in the Southern Tier. “
Raymond R. Martel, Chief Executive Officer, LAL, B&H, WNYP Railroads said: âB&H Railroad is proud to be part of the team that was responsible for LP’s decision to settle in the Steuben district. Congratulations to Jamie Johnson and the Steuben County IDA team on this achievement. “
James C. Johnson, Steuben County’s executive director of IDA said: âThe IDA of the Steuben district is pleased about the cooperation with LP and our partners for economic development in order to bring this project to the Steuben district. This investment and the jobs that come with it will be critical to the Bath community and we look forward to supporting the company’s future growth. “