A French processor of rosin and turpentine oil will buy land from the Effingham County Industrial Development Authority and build a $43 million facility that will employ 40 people.
IDA CEO John Henry said in a news release issued late Wednesday that DRT will begin construction in 2016 and start operations during the first half of 2017.
He called the jobs “high-wage” and “skilled.”
Henry said the jobs will include a variety of positions and will be “high-wage” and “skilled.” He said he believes the average salary will be $40,000 a year, or possibly a little higher. The $43 million includes land, facilities and equipment, Henry said.
IDA Chairman Chap Bennett could not be reached immediately for comment, nor could the contact listed at DRT, company President Corey Schneider. DRT specializes in processing rosin and turpentine oil distilled from pine resin since 1932. This is the company’s first U.S. project.
“The new production unit will enable DRT to distill locally sourced turpentine to better serve its existing markets and develop new products for the fragrance and terpene resin industries,” the release said. “This in turn will allow DRT to strengthen its position as a global leader and its relationship with its clients and suppliers.”
ON THE WEB: