bamboo

Stan Ingold

If you ask residents of Illinois what product that state is best known for, the answer might be farm equipment. Illinois, after all, is the home of John Deere. Kentucky might point to Bourbon Whiskey, and Wisconsin is the headquarters of Harley Davidson motorcycles. The state of Alabama has a few homegrown products you might not know about.

Ex-First Lady Aims To Make Alabama A Bamboo Power

Aug 1, 2012
Shawn Henning / Flickr

Several investors including former Alabama first lady Marsha Folsom say they plan to build a bamboo processing plant in Alabama and turn the state into "the Silicon Valley of bamboo." Folsom has joined the founders of bamboo flooring company Teragren and two other partners to launch Resource Fiber LLC. Officials say Folsom will head plans to build an Alabama processing plant that will employ about 100 and open next year. Folsom said bamboo is a $25 billion industry centered in China, and Alabama is uniquely situated to capture a piece of the market.