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Friday, October 23, 2015

Spanish-Owned Hardwood Veneer Manufacturer In Troy To Add 73 New Jobs

Bradford County, PA 
Oak Hill Veneer, Inc., a manufacturer of spliced hardwood veneer, will expand its operations in Troy, Bradford County, committing to the creation of 73 new, full-time jobs and the retention of 62 current positions over the next three years.

The company will construct a new 15,000-square-foot building and add a new line of veneer splicing equipment. In addition, Oak Hill will lease a 35,000-square-foot building in the same community where it will install a new line of manufacturing equipment to produce veneer board. The company plans to invest almost $2 million in the project.

Oak Hill Veneer is one of 18 companies owned by Spanish company Grupo Losan, which is exclusively dedicated to the manufacture of wood products for the furniture, decorative and equipment industries. Oak Hill Veneer specializes in cutting and splicing wood veneer in various thicknesses from the major American hardwood tree species. DCED’s Office of International Business Development (OIBD) first worked with Grupo Losan in 2007 and made the introduction to Oak Hill Veneer when assisting them with locating a facility in Pennsylvania.

The project was coordinated by OIBD in collaboration with the Governor’s Action Team and the Northern Tier Regional Planning & Development Commission.

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