“C” is for Canal Holdings. Based in Conway, Canal Holdings [formerly Canal Industries] has been a cornerstone of the timber industry in the Carolinas since the 1930s. R.H. Gibson and Edwin Craig Wall, Sr., founded Canal Wood Corporation in September 1937 to supply pulpwood to International Paper Company's Georgetown Mill. Their combined $2,000 investment led to the formation of additional forestry and wood-products companies in the Southeast. Wall later bought out Gibson. The company's name was changed to Canal Holdings in 2001. Wall and the company became a driving force for economic development in Horry County. Their strong support for higher education eventually led to the creation of Coastal Carolina College. As one of the largest privately owned forestry products companies in the Southeast, Canal Holdings produces wood chips, provides timberland management services and real estate development and sales, and handles the transport of wood fiber through North Carolina ports.
“C” is for Canal Holdings
