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
U.S. Housing Market, China, Sandy Aftermath Creates Perfect Storm
It’s the perfect storm for B.C.’s forest industry. A rebounding U.S. housing market, demand in China, and now Hurricane Sandy, which destroyed billions of dollars worth of homes and infrastructure in the Northeastern U.S. that…
Tembec’s Losses Soared In Fourth Quarter Despite Recovery Of Lumber Business
Forest products company Tembec’s losses soared in the fourth quarter even though its lumber business enjoyed its best quarter in several years due to a gradual recovery in the U.S. housing starts that improved demand…
Cedar Creek Purchases Capital Lumber’s Texas Assets
Oklahoma City-based distributor Cedar Creek has entered into an agreement to purchase the assets of Capital Lumber’s distribution locations in Dallas and Houston. In a deal expected to close Nov. 30, Capital Lumber will continue…
Idaho Sawmills Look For Automation To Maximize Returns
With the gradual turnaround in the housing market, a family-run lumber company in Adams County is about to put down $1.5 million on high-tech equipment to get more out of its logs. At Evergreen Forest…
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.