Drax Idling Operations In Arkansas
Drax has made the decision to cease operations and idle pellet plant facilities in Leola and Russellville, Ark. The plants will cease operations and idle beginning November 1, 2025; operations at other U.S. sites will remain unaffected.
“Our top priority is to operate responsibly and efficiently, and this includes making hard decisions when the data clearly shows that continuing certain operations is no longer viable,” says Matt White, Drax Executive Vice President of Pellet Operations. “While we are ceasing operations and idling our Arkansas plants, we will keep purchasing wood fiber from Arkansas landowners and businesses, keeping Drax involved in the Arkansas economy and maintaining our role in the local forest industry.”
Drax leadership is implementing a comprehensive support plan for the 16 employees affected—including a severance package based on length of service and position, as well as opportunities for reemployment within the company, where possible. Drax is also partnering with local agencies and employers to connect workers with new employment opportunities.
Latest News
Interfor Completes Acquisition Of Simpson Lumber Sawmills
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Interfor Corporation (IFP) announced today it has completed the acquisition of four sawmills from Simpson Lumber Company, LLC, increasing its annual lumber production capacity by 30 percent to 3.1 billion board…
Shrinking Timber Supply Sends B.C. Companies On U.S. Mill Buying Spree
At first blush, year-end financials and stock prices for B.C.’s largest forest companies would suggest the province’s forestry sector is well on the road to recovery after a decade-long slump. Interfor Corp., for example, posted…
Northwest Hardwoods Completes Acquisition Of Industrial Timber & Lumber
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Northwest Hardwoods Inc. (NWH) has recently completed the acquisition of Industrial Timber & Lumber Company (ITL) based in Beachwood, Ohio. NWH is headquartered in Tacoma, WA and has operations in the…
Martco To Build OSB Facility In Corrigan
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Martco L.L.C. announced the selection of Corrigan, Texas as the location for a new, state-of-the-art oriented strandboard (OSB) facility. The facility is expected to employ 165. Construction is scheduled to begin…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.