‘Titanium is a valuable commodity, and we want to make sure that it’s processed in a safe and environmentally responsible way’: Wood processing business owner

The company behind the world’s largest timber industry, Timber Fellings Processing, is set to receive a $9.9 million federal stimulus grant to help expand its operations and expand capacity.

“The timber industry has been under pressure due to a number of factors, including the impacts of climate change, and the impact of timber prices,” said Woodfellings Processing founder and CEO Michael Johnson.

“While the timber industry is doing well, it is facing many challenges, including climate change and a reduction in global supply, as well as the introduction of a new tax on imported timber.”

The company’s first production facility in Florida is set for completion in the second quarter of 2020, with an additional plant to be completed in 2019.

The second plant will be in Minnesota and the third in Ohio, the company said.

“We are also working to expand our business to other markets and expanding our presence in the US,” Johnson said.

“We are working with partners in other countries to provide these services, as we have done in Canada.”

The federal stimulus program provides $9 billion to the United States Department of Agriculture (USDA) to help companies that create jobs and increase employment in the country.

The government also provides up to $2.5 billion for economic growth, including $400 million to support small businesses and $200 million for public education programs.