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
Peak Announce SYP Pellet Mill
Peak Announces SYP Pellet Mill Vancouver, Canada-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills…
U.S. Housing Starts Dip In September, Both Single-Family & Multi-Family Soften
U.S. housing starts dropped 8.1% in September from August to a seasonally adjusted annual rate of 1.439 million, including a drop in single-family starts of 4.7% to 892,000 and a decline in multi-family starts of…
Interfor To Acquire Chaleur Forest Products
Interfor announced that it has reached an agreement with an affiliate of the Kilmer Group to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products. Chaleur owns two modern and well-capitalized…
Sawmills Announce Personnel Changes
Joe Patton Retires From Westervelt The Westervelt Co. recently announced a change of leadership in the wood products business. Mark Richardson has been promoted to Vice President and General Manager, Wood Products, effective January 1,…
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.