Arizona Forest
Restoration Products Inc.
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Arizona Forest Restoration Products Inc. |
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Economic Development Impact
By thinning approximately 32,000 acres annually and manufacturing typically 470 million square feet of OSB (3/8" basis) annually Arizona Forest Restoration Products Inc. will have a significant economic development impact on the Northern Arizona counties of Coconino, Navajo, Gila, and Apache.
This economic development impact will take the form of:
Overall, AZFRP expect that the operation will support a total of at least 410 direct & indirect jobs in the Northern Arizona counties, and will infuse directly a minimum of $85 million pre-tax into Northern Arizona's economy annually.
This analysis was confirmed by a research team at Northern Arizona W. A. Franke College of Business’ Center for Business Outreach. The report of their Business Impact Analysis of Arizona Forest Restoration Products Oriented Strand Board Facility confirmed that an annual production capacity of 680 million square feet of OSB would support 589 jobs and inject directly and indirectly a total of $170 million (taxes included) annually in Northern Arizona's rural economy.
In addition, the report found that the construction of the facility in Winslow will contribute 455 additional jobs in Northern Arizona for a period of 18 months to 2 years, and will inject another $74 million in Northern Arizona’s economy, essentially in the construction sector.
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