Millstone Industries, manufacturer of nationally distributed niche wood products, has entered into an agreement to purchase the former Ponderosa Mouldings building in Redmond, Ore., from Jeld-Wen. The new building, more than double the size of the company's current facility, will give Millstone room to grow and create access to more of central Oregon's labor market.

"With the recent launch of Millstone Industries, we recognized the critical need for additional plant capacity to improve production flow and efficiencies of current operations, and to enhance delivery schedules for our regional and national customers," said Tom Pickell, president of Millstone Industries. "Just as important, the new facility will provide plenty of room for future growth."

The move will be facilitated with the assistance from a number local agencies including Economic Development for Central Oregon and Redmond Economic Development.

Millstone Industries plans to start moving certain production departments to Redmond in early June 2004, and hopes to complete its move by August. The new facility is located at 423 E. Antler on the east side of Redmond.