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.
Tuscaloosa, AL – Once a day on Pine View Farm in Hale County the ponds appear to boil. Thousands of catfish skim the top of the water to gobble up feed. It's a stark contrast to ponds just down the road that are dry and abandoned.
Soundbite: Cat7 (:05) Ralph Cole: All of the young people are leaving the farms, they're going to town.