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GEORGIA-PACIFIC CHOOSES WEST VIRGINIA FOR NEW OSB FACILITY

 GEORGIA-PACIFIC CHOOSES WEST VIRGINIA FOR NEW OSB FACILITY
 ATLANTA, May 13 /PRNewswire/ -- Georgia-Pacific Corp. (NYSE: GP) and West Virginia Governor Gaston Caperton today announced that Georgia-Pacific will construct an oriented stand board (OSB) facility at Mt. Hope in Fayette County. OSB is made from strands of wood that are arranged in perpendicular layers and bonded into a panel.
 The facility will employ approximately 125 hourly and salaried people and will have the capacity to produce 325 million square feet of OSB annually. It will complement the four other Georgia-Pacific plants that currently produce about 1 billion square feet of OSB.
 The engineering and permitting processes for the new West Virginia facility are well underway, and the company anticipates about a two- year construction period.
 "Georgia-Pacific has a long history of doing business in West Virginia, and we look forward to our new business venture in the state," T. Marshall Hahn
Jr., Georgia-Pacific's chairman and chief executive officer, said. "The location will give us an excellent strategic position in the midst of growing markets, and also will provide access to good timber resources on Georgia-Pacific property and that of other private landowners."
 "Our goal is to encourage more firms like Georgia-Pacific to turn West Virginia hardwood into finished product right there," said Caperton. "This will mean jobs and progress for our future."
 Georgia-Pacific currently has about 200 employees in West Virginia, operates two hardwood sawmills and owns more than 300,000 acres of timberlands, which are managed by Georgia-Pacific foresters throughout the state. The company also maintains a mineral and land department in West Virginia that is responsible for Georgia-Pacific mineral rights and real estate in the state, as well as company holdings in Kentucky and Southwest Virginia.
 -0- 5/13/92
 /CONTACT: Sheila Weidman of Georgia-Pacific, 404-521-4732, or Bob Brunner, director of Communications, Office of the Governor, 304-558-3830/
 (GP) CO: Georgia-Pacific Corporation ST: West Virginia IN: PAP SU:


BR-BN -- AT008 -- 9721 05/13/92 13:06 EDT
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Publication:PR Newswire
Date:May 13, 1992
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