Wood Products Companies in Virginia

Strategic Mid-Atlantic Location

Virginia’s location offers major advantages for the wood products and related industries. The Commonwealth’s central position on the East Coast is ideal for import and export of wood products through The Port of Virginia and provides ready access to suppliers and to major hubs of economic activity along the Northeast corridor, across the Southeast, and throughout the Midwest.

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Logistically, the access that Virginia has fits our business model, and from a resource standpoint, Virginia cannot be beat. All of these factors have played an important part in leading us to Virginia, and we look forward to a long and prosperous future here.

Darren Whitmer General Manager, Speyside Bourbon Cooperage, Inc.

World-Class Logistics Infrastructure

A dense network of roads, railways, ports, and airports allows for easy worldwide interconnectivity and efficient operational logistics. Virginia is covered by the second-densest roadway and railway network in the Southeast and is served by the third-largest port on the East Coast. Port facilities include four deep-water terminals in Hampton Roads, as well as two inland port locations heavily used by the wood products industry. In 2024, after completion of a $1.5 billion modernization and expansion project, The Port of Virginia will be the East Coast’s deepest and widest port and one of the most advanced in the world.

6 major interstates

including major north-south and east-west trucking routes

168k+ TEUs

of paperboard, paper, and wood pulp moved through The Port of Virginia in 2020

$225 million

Virginia forestry products exports across all industry sectors, including plywood, veneer, logs, pellets, wood frames, and c rates

Thriving Wood Products Industry Ecosystem

Virginia’s thriving wood products ecosystem provides companies with access to the suppliers, partners, and customers they need to prosper. Sustained by Virginia’s abundant, renewable timber resources, this industry ecosystem spans the entire value chain, from forestry to primary wood processing, manufacturing of engineered and finished wood products and paper and packaging, and a growing wood byproducts industry.

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Wood Products Value Chain in Virginia

Virginia’s wood products industry spans the entire value chain, from a thriving
forestry sector to primary wood processing, engineered wood products, finished
wood products manufacturing, paper and packaging manufacturing, and a growing
wood byproducts industry. In this thriving ecosystem, companies have access to
the suppliers, partners, and customers they need to prosper.

Sawmills

Virginia’s 163 sawmills, which employ more than 4,100 people, produce primarily hardwood (72% in 2016). In 2019, Virginia had a total production of 579,643 MCF of timber production resulting in approximately 6.7 billion board feet. ArborTech in Blackstone is the largest producer of southern yellow pine board footage. Virginia is the southernmost state with access to yellow pine.

Engineered wood products (mass timber)

Virginia is home to 99 companies, employing over 5,700 people, that manufacture a wide range of traditional and innovative wood products – veneer, plywood, engineered wood products, and similar products.

Finished wood products (furniture, cabinets, etc.)

Virginia is home to 456 companies that produce finished wood products like furniture and cabinets, and employ almost 10,000 people. Historically, Virginia was part of an industry cluster that constituted a third of furniture manufacturing in the U.S. and remains a thriving industry subsector in Virginia, as furniture companies have moved toward higher-end manufacturing.

Paper and packaging

Virginia’s 123 paper and packaging companies, which employ almost 8,000 people, include major Fortune 500 companies such as WestRock and International Paper. Several regions across Virginia have paper packaging clusters such as the Roanoke Region, Greater Richmond, and the Shenandoah Valley due to their strategic locations to major interstates and customers.

WestRock, Richmond

WestRock, Richmond

WestRock Company Produces Sustainable, Innovative Packaging

WestRock has built a strong reputation for sustainable forestry and positive environmental practices and employs approximately 3,500 workers across its nine Virginia facilities, primarily manufacturing paperboard and container board products. The company’s locations throughout the Greater Richmond region remain the center of its consumer packaging business, which represents about half of its $14.5 billion annual revenue. In 2018, WestRock announced plans to invest $248.4 million over a five-year period in its manufacturing operations in the City of Covington, the company’s largest facility in Virginia manufacturing cardboard packaging, and in Alleghany County.

America’s Top State for Talent

Ranked No. 2 in the U.S. for Education and No. 3 for Workforce by CNBC, Virginia is home to over 225,000 workers in the wood products industry and related occupations. Employers can draw from the tens of thousands of skilled manufacturing workers in Virginia and from the thousands of service members who exit the armed services in Virginia each year. Virginia is home to excellent K-12 schools – No. 1 in the South and No. 4 in the U.S., according to WalletHub – and the No. 1 higher education system in the U.S., according to SmartAsset, ensuring a steady flow of new talent every year.

SmartAsset_#1_2021_Best State for Higher Education
CNBC #3_Top State for Business Workforce
WalletHub_Best Public Schools in the South

Dynamic Centers of Innovation

Virginia ranks 11th nationwide and 2nd in the Southeast in research spending in areas relevant to wood products manufacturing. Virginia’s university-based research activity encompasses a wide array of disciplines relevant to the wood products sector – industrial and manufacturing engineering, geological and earth sciences, and natural resources and conservation, among others. The Virginia Tech Center for Forest Products Business (CFPB) has been a national leader in research on and promotion of cross-laminated timber (CLT) for over a decade. CFPB is a part of Virginia Tech’s College of Natural Resources and Environment, which has consistently been ranked No. 1 in the country for most popular forestry programs by College Factual.

England Furniture, Lee County

England Furniture, Lee County

A Search for Talent Leads England Furniture

England Furniture has maintained a commitment to employing the hardworking people of Appalachia since its founding. By exploring sites in close proximity to its Tennessee headquarters, the company was able to access the new talent it needed for growth while staying true to its target workforce.

Enviva Private Terminal, Chesapeake

Enviva Private Terminal, Chesapeake

An Attractive, Stable, and Predictable Operating Environment

  • Virginia has had a stable 6% corporate income tax rate, one of the lowest in the nation, since 1972. 
  • Sound economic policy and prudent financial management has earned Virginia a AAA credit rating since 1938 — longer than any other state. 
  • Virginia has a low natural disaster risk and is tied No. 4 among ‘States Most Prepared for a Disaster ,’ according to 24/7 Wall Street. 
  • In 2012, Virginia established an economic development incentive program created specifically to suit the unique aspects of forestry. Administered by VDACS, the Governor’s Agriculture and Forestry Industries Development (AFID) Fund is used by the Commonwealth in partnership with local governments to support new and expanding forestry businesses that are committed to sourcing wood products from Virginia landowners, loggers, and sawmills.

Learn More About Virginia's Wood Products Industry

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