Monday, June 17, 2024

Forestry industry, LA Tech students get major boost from RoyOMartin

by BIZ Magazine

Martin Sustainable Resources LLC in Alexandria has donated $1 million to Louisiana Tech as a leadership gift toward construction of the University’s new Forest Products Innovation Center (FPIC), with the assurance of another $1 million to be presented by June 2024.

The Center will be on South Campus and provide space for a transdisciplinary approach to solving the challenges associated with the timber industry. Groundbreaking is set for late Spring, 2024.

“As the Chairman, CEO, and CFO of RoyOMartin, a subsidiary of Martin Sustainable Resources, I am excited to be the lead investor in Louisiana Tech University’s Forest Products Innovation Center,” said Roy O. Martin III, chairman/CEO/CFO of RoyOMartin. “The Center will play a key role in driving research and identifying sustainable solutions for wood products. I look forward to collaborating and working together in the new state-of-the-art center, where transformational discoveries will become innovative solutions, successfully increasing forest productivity in the region.”

The new building will provide space for research collaborations, not only within the forestry industry, but also with other state and national industry partners. Academic programs in Forestry, Agriculture, Biology, Engineering, Science and other disciplines will all contribute to the learning, research, and service created by the FPIC.

“I look forward to the successful opportunities that the Louisiana Tech University’s Forest Products Innovation Center will offer by serving as an essential link between University research and the needs for adopting new practices, technologies, and products for the forest and timber industry,” President and Chief Operating Officer for RoyOMartin Scott Poole said. 

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