Sun Mountain Lumber To Buy R-Y Timber
According to multiple local news outlets, Sun Mountain Lumber has signed a purchase agreement with R-Y Timber. The two lumber mills are 146 miles from each other. Terms of the deal have not been disclosed. Sun Mountain Lumber is owned by Sherm Anderson. While his grandson, Christopher Anderson, is the controller of the company.
After a transition period of due diligence, the acquisition will be finalized on August 1, R-Y Timber General Manager Dan Richards told local news. He will remain as general manager of R-Y Timber. R-Y Timber currently employs 48 people, down from 75-80 more than a year ago.
R-Y Timber suffered two structural fires in a span of six months that threatened to close the lumber manufacturing plant. In September 2022, a fire at the plant burned the company’s planer mill building and machinery. In February, a second major fire burned the plant’s sawmill building and operations.
“Out of respect for the Yanke family, the Livingston plant’s name would remain R-Y Timber for a while,” says Sun Mountain Lumber owner Sherm Anderson. He has plans for many improvements to be made at the Livingston facility.
“There will be significant log hauling advantages, as the mileage from logging sites to mills will be reduced,” Anderson told local media. “The Livingston mill will provide quality lumber for Sun Mountain’s finger joint facility in Deer Lodge at reduced mileage and expense. I also see it as a fantastic opportunity to make improvements in the Livingston mill and increase quality, recovery and production. It’s definitely a win-win for both plants.”
Latest News
China Still Buying As U.S. Lumber Market Bounces Back
The recent visit by the Council of Forest Industries brought out some of the industry’s heaviest hitters, and also the news that U.S. lumber markets continue to bounce back. It was acknowledged by COFI board…
Sierra Pacific To Reinvest Big In New California Sawmill
Sierra Pacific Industries today announced it will rebuild its large-log sawmill located in the Plumas County city of Quincy, beginning in early 2014. The existing mill will be taken down and completely rebuilt to a…
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.