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
Caddo River Forest Products To Reopen Arkansas Lumber Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Caddo River Forest Products announced they are planning to reopen the Glenwood, Arkansas sawmill. The company will invest up to $50 million in the facility, creating 136 new jobs with 200…
Strong U.S. Housing Market Continues To Drive Recovery In Canada
Pre-tax profits in Canada’s wood manufacturing industry are expected to grow from $1.1 billion in 2015 to just under $1.5 billion this year thanks to strong demand from the U.S., according to The Conference Board…
Mass Timber Towers Becoming A Reality In U.S.
In October, developers will break ground on Framework, a 12-story, 130-foot-tall mixed-use tower in Portland, Ore., designed by local firm Lever Architecture. Fast on its heels is SHoP Architects’ 475 West 18th Street, a 10-story,…
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.