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
State Of Maine Approves Tax Credits For Ashland Sawmill
At their April 30 meeting, the board of directors of the Finance Authority of Maine (FAME) approved state new markets tax credit financing to assist with the planned expansion of the Irving Forest Products sawmill…
USDA Promotes Timber Output In Oregon, Nevada
U.S. Department of Agriculture Acting Under Secretary Todd Lindsey recently announced the agency is guaranteeing $80 million through the Timber Production Expansion Guaranteed Loan Program (TPEP) and Business and Industry Guaranteed Loan Program to support…
Mill Companies Making Moves
Columbia FP Acquires Pro Pallet In Pennsylvania After entering the pallet and packaging market in 2022, Columbia Forest Products has continued expanding into the market with the purchase of Pro Pallet, a pallet recycler and…
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.