Kentucky Gov. Andy Beshear highlighted further manufacturing growth in Kentucky as Powell Valley Millwork, a CMPC company, announced a $29.6 million investment across two projects in Powell and Montgomery counties. The company will retain a total of 214 jobs and create 33 new ones.
“Powell Valley Millwork has successfully produced sustainable wood products for over 30 years in Kentucky and is positioned for even more growth with this expansion of both facilities,” said Gov. Beshear. “I want to congratulate the company’s leadership on this progress and thank them for their longstanding commitment to the commonwealth. I’m excited to see Heritage Millworks continue to grow and thrive in Powell and Montgomery counties.”
Both Powell Valley Millwork facilities are over 30 years old, and the company is upgrading its operational capacity and equipment to remain competitive in the wood industry. The project includes investments in modern equipment and automation as well as operation changes to increase production. The Clay City and Jeffersonville operations will see building and equipment improvements, as well as 19 new, full-time jobs. Overall, the company’s expansion of both its facilities will double production capacity.
“This expansion reflects our long-term commitment to growth, innovation and the future of Powell Valley Millwork. With the support of CMPC, we’re significantly increasing our production capacity and making strategic investments in automation and equipment – including new systems from Eagle Machinery, Stiles Machinery and TS Machinery – that will improve speed, precision and efficiency across our operations,” said Jimmy Thornberry, CEO of Powell Valley Millworks. “By expanding our production capacity for both Poplar and Radiata Pine products, we’re strengthening our ability to serve customers across North America with greater consistency, shorter lead times and increased flexibility. These projects align with CMPC’s global strategy and reinforce our shared vision for sustainable, scalable manufacturing in the U.S. We’re excited about what this means not just for our customers and suppliers, but for our employees and the communities of Clay City and Jeffersonville, where we’ll be creating new jobs and opportunities for long-term growth.”
Powell Valley Millwork is a leading manufacturer of interior moldings, millwork and trim boards, producing at scale with both Tulip Poplar and Radiata Pine. With more than three decades of experience, the company has built a strong reputation for quality, while continuously investing in its people, operations and the communities it calls home. Committed to sustainability, Powell Valley operates with a zero wood-waste policy and sources responsibly to reduce its environmental impact. Known for its clean, safety-minded facilities and values-driven culture, the company has earned the trust of customers across North America and the dedication of a skilled, long-standing team.
Powell County Judge/Executive Eddie Barnes showed his excitement for the project: “I am very excited to see the positive economic development impact that Powell Valley Millwork’s expansion project is going to have on our community. More new jobs being created at competitive wages is always a great thing to see in Clay City. This project is not only about growth but is also about an investment in the future of our community. The continued partnership between the Kentucky Cabinet for Economic Development, Powell County and Powell Valley Millwork is rewarding to see in action. I look forward to many more years of Powell Valley Millwork’s continued success in our community.”
Montgomery County Judge/Executive Chris Haddix spoke on the expansion’s impact on the county: “Powell Valley Millwork’s continued investment in their facility is something as a community we are excited about. We appreciate them continuing to find ways to invest in the facility and expand jobs. We think it’s a sign of the growth and direction of Montgomery County.”
Craig Dawson, executive director of Powell County Industrial Authority, mentioned the scope of the company: “Powell Valley Millwork is Powell County’s largest manufacturing employer. We are excited to see their continued growth and success in our community. The company continues to be a great partner with our Industrial Authority and is a shining example of how working together creates success for both the company and community. We look forward to PVM’s continued growth and success.”
Jason Rainey, executive director of Mt. Sterling-Montgomery County Economic Development, thanked the company for the continued investment in the community: “We are excited Powell Valley Millwork commitment to invest nearly $24 million in their facilities to retain and expand jobs in our community and region. We appreciate the vision of the owners and management team for the facility and the partnership of the leaders at the Cabinet for Economic Development so we can continue to support growth and expand local companies in this changing economy.”