Investments, leadership moves for RoyOMartin

10/21/2019
Forest products manufacturer Martco L.L.C. (RoyOMartin) has planned $30 million in capital expenditures during the next 18 months for new projects to further modernize its Oakdale, La., oriented strand board (OSB) and Chopin, La., plywood and solid wood products manufacturing facilities, the company announced.

The Alexandria, La.-based company said that these long-term commitments “reflect RoyOMartin’s ongoing determination to maintain its reputation for having the safest, most technologically advanced and efficient wood-products facilities in North America.”

Roy O. Martin III

The company has also announced changes in executive leadership, as approved by its board of managers.

Roy O. Martin III has been elected chairman, CEO and CFO. He is the grandson of Roy O. Martin, Sr., who founded the Martin family’s first forest-products company in 1923.

Scott Poole has been elected president and chief operating officer, becoming the first non-family company president.

Terry Secrest, Jr. has been elected executive vice president of manufacturing and product sales. Also, Darryl Ryan Monroe will continue in his role as secretary-treasurer.

Piloting the organization into the next decade with the organization’s long-term vision and values is a Strategic Action Leadership Team, consisting of the company's top executives along with Ray Brown, general counsel; Donna Bailey, vice president of human resources; Jeremy Burford, vice president of plywood sales and operations; Jesse Bolton, vice president of information systems; and Cade Young, vice president of land and timber operations.
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