Georgia-Pacific Closing Two Southeastern Mills
Georgia-Pacific announced on November 1, 2011 that it is closing two sawmills in the southeast, one in Monticello, Ga. and one in Marion County, Miss.
The closing of the Monticello mill, a stud plant, will affect about 50 employees and the Marion County mill will put about 65 out of work, according to company spokesperson Melody Ruse.
According to Ruse, the closing of both mills is due to a drastic decrease in demand and a dwindling housing market. “Our business is directly related to the housing industry,” Ruse commented, “And when you compare the 500,000 or so homes built this year to the 2.5 million built in 2005, you have to make some tough choices.”
Ruse also said that if market conditions improve in the future, the sawmills could possibly be reopened.
RELATED ARTICLES
Latest News
Interfor Is Purchasing WestRock Summerville Sawmill
Interfor is acquiring the WestRock sawmill in Summerville, SC for US$59 million. The Summerville mill produced 125MMBF in 2020. A new permit was received in 2020 that allows for the production of up to 200MMBF and Interfor has identified a number of operational and capital investment initiatives to optimize and…
Housing Starts Jump Out Of Gate Slowly, But Building Permits Looking Good
U.S. housing starts were at a seasonally adjusted rate of 1.580 million for January, a 6% decrease from December and 2.3% below January a year ago, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
Drax Purchase Alters Biomass Landscape
Drax Group, the major United Kingdom-based electricity producer, which has converted much of its generation from coal-fired to wood pellet fuel, has entered into an agreement to purchase major Canadian-based industrial wood pellet producer Pinnacle Renewable Energy Inc. The all-cash transaction…
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.