Georgia-Pacific, Atlanta, is investing approximately $65 million to upgrade its Madison, Ga., plywood operations, including a $26 million upgrade to the mill's veneer dryers, which will increase drying capacity by approximately 35%. Project completion is expected by the third quarter of 2015. This follows the replacement of the mill's wood yard in June, totaling approximately $19 million.
Plans are also underway to modernize other equipment at the Madison facility, which would total approximately $20 million and include an upgrade of a lathe and expansion of a glue line and pressing operations.