Manufacturer making wood replacement from hemp to open plant in Murray

CALLOWAY COUNTY, KY — A company that makes HempWood, a timber replacement material composed of hemp, is opening a plant in Murray, Kentucky.

That announcement came Tuesday from Gov. Matt Bevin’s office.

Fibonacci plans to open the first HempWood operation in America in Murray with an investment of more than $5.8 million.

The plant is expected to create 25 full-time jobs, the governor’s office says.

A 11,230-square-foot facility in Murray will be leased for the plant, and the company has contracted for 800 tons of hemp stalks from west Kentucky farmers already, Bevin’s office says.

The company says HempWood can replace hardwood oak, and can be used in flooring and furniture, woodworking projects, culinary serving boards, and other products. Production is expected to begin at the factory this summer.