Neiman Closing Mill In Western Colorado
Based in Wyoming with sawmill operations in four states, Neiman Enterprises is down to three mills after its Montrose, Colo. sawmill Montrose Forest Products filed a WARN Notice with the Colorado Department of Labor and Employment in early September. The filing announced 90 employees would be affected by the closure of the plant which is scheduled to be completed by November 2026. Neiman Enterprises President Jim Neiman said the company has been working to find a buyer for the mill.
According to local news reports, the closure will affect a total of 400 workers, such as loggers and other contractors and suppliers that rely on the mill, and the impact means $75 million in payroll removed from the western Colorado economy. The Montrose sawmill is the largest in the state, with capacity of up to 80MMBF, although it was down to less than 40MMBF with procuring logs from national forests within viable shipping distance. Reaching out longer distances for logs wasn’t viable thanks to recent diesel price hikes. Increased diesel costs made reaching out longer distances for logs.
With the closure, Neiman now operates sawmills at Hulett, Wyo., Spearfish, SD and Gilchrist, Ore. Neiman had purchased the mill on 2012 and invested $60 million, including a cogeneration plant, in the facility.
Latest News
USDA: Projecting Lumber Demand In The U.S. And Abroad
“Lumber and economic growth are tightly connected,” says USDA Forest Service scientist Jeffrey Prestemon. “At a certain rate of GDP growth, you get a certain path of lumber consumption.” Prestemon recently led a study that…
NHLA: How Important Is The U.S. Wood Products Industry?
In a recent message from the National Hardwood Lumber Association encouraging member companies to contact representatives in Washington regarding the tariff situation, NHLA passed on this information from the Hardwood Federation on the importance of…
Anthony Timberlands Acquires Arkansas Hardwood Sawmill, Chip Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Anthony Timberlands Inc. announced that it will purchase the hardwood sawmill and chip mill facility in Mt. Holly (Union County) that is owned and operated by Watson Sawmill Co. Inc. “The…
U.S. Lumber Price Surge Results In Record Profit
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Lumber prices in the U.S. have experienced a spectacular surge in 2017 and the first half of 2018. By the end of the 2Q/18, the benchmark lumber price index reported by…
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.