Barrel Maker Independent Stave plans $30 million plant near Batesville | Arkansas Business News

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Barrel maker Independent Stave Company of Lebanon, Missouri, announced Thursday plans to invest $30 million in a new facility near Batesville.

The project is expected to create approximately 60 new jobs in the region. This will be Independent Stave’s seventh mill in the United States, and it will allow the company to expand production of staves for bourbon and wine casks.

Operations are expected to begin in late 2023.

Independent Stave said its Arkansas factory will provide better access to white oak, which is abundant in the state and is used to make the narrow lengths of wood from which the barrels are assembled. According to the company, white oak is used in barrel staves because it has proven to be the best for making a liquid-tight vessel.

Commerce Secretary Mike Preston said Independent Stave’s interest in the state’s white oak, which is one of 160 hardwood species grown in the state, shows the importance of the wood industry. wood for Arkansas. The industry represents over 5% of the state’s economy and employs over 27,700 people.

“With more than 19 million acres of forest land in the state and an unmatched workforce, I am confident that Independent Stave Company will find the resources it needs in Arkansas to continue on the new path of his trip,” Preston said in a press release.

Independent Stave has qualified for the following state incentives: the Tax Back program, which provides sales and use tax refunds on the purchase of taxable building materials and machinery, and five years of the Create program Rebate, an annual cash rebate based on the number of jobs. added by a company.

Independent Stave was founded in 1912. In addition to its six stave mills, it has three barrel manufacturing facilities called cooperages in the United States and a fourth cooperage that is expected to open at the end of the year.

The company presents itself as the largest barrel manufacturer in the world. It has customers in 40 countries around the world.