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
Lumber Mills Expand As Prices Rise Most Since 1993
North American mills are sawing lumber at the fastest pace in six years after a recovering U.S. housing market, a beetle infestation in Canada and increasing Chinese demand drove the biggest price surge in two…
Timber Prices Follow Lumber’s Sharp Climb As Annual Housing Starts Hit A Million
With new home construction hitting a million new starts a year for the first time since 2008, a national forest management firm reports that timber prices for large standing trees are rising off the bottom…
Canadian Lumber Producers Angry Over Rail Bottlenecks
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Canada’s lumber producers ought to be enjoying the fruits of a U.S. housing recovery. Trouble is, they can’t take full advantage of it. The forestry companies say that a shortage of…
Jordan Forest Products Invests More Than $1.4 Million To Expand In North Carolina
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Jordan Forest Products, a wood products manufacturing company, will invest more than $1.4 million to expand its production facility in Biscoe, North Carolina. The company plans to create 31 jobs in…
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.