Vermont’s Britton Lumber Hopes To Rebuild Sawmill
Almost two weeks after a four-alarm fire leveled the sawmill at Britton Lumber Co., officials there announced their intentions to rebuild the sawmill and continue the company’s other operations as usual.
“That’s what’s taken two weeks is, can we even get to the point where we can contemplate rebuilding the sawmill?” company president Robert Moses said in an interview at the site on Friday. “And the answer is yes.”
Moses cautioned that there are still “a few more cards (that need to be) played” before company officials can be certain of the sawmill’s return, which they said could take up to two years. Unanswered questions include how much of the rebuilding costs will be covered by Britton’s insurance company and whether any potential coverage gaps could be overcome with financing or grants.
However, Moses said employees, government officials and community members have been eager to learn Britton’s intentions, and those are now clear: pursuing the sawmill rebuild. “I cannot say definitively that we are rebuilding it today, but we are going to do our best to get a new sawmill in Fairlee,” Moses said, calling it “the right thing to do.”
Layoffs were not completely avoided. Moses said the company eliminated one administrative position and let go of 11 other employees on Friday, mostly based on seniority. They included some of the 20 employees who had worked directly for the sawmill, as well as a few workers from other divisions.
From Valley News: vnews.com.
Latest News
U.S. Home Building Drives Up Lumber Prices
U.S. lumber prices are near an eight-year high as demand for the staple commodity of the American housing sector has risen on the back of a pick-up in new home construction. Lumber – or sawn…
Canfor Southern Pine Expanding In S.C. Mill
Lumber manufacturer Canfor Southern Pine announced Wednesday plans to expand its existing production facility in Horry County. The $3.6 million investment is expected to generate 56 new jobs. Canfor plans to install a continuous kiln…
Wyoming Sawmill Receives Worker Training Grant
The Wyoming Workforce Development Council has awarded the newly reopened Saratoga Sawmill, now known as Saratoga Forest Management, a $50,000 grant to train 22 workers in the Saratoga area. The council allocated the grant money…
American Industrial Partners Acquires Potomac Supply Corporation
American Industrial Partners, a middle-market private equity firm focused on acquiring and improving North American-headquartered industrial businesses, has acquired the operating assets of Potomac Supply Corporation, a softwood mill operator and provider of wood treatment…
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.