IFG Closing Tricon Timber
Officials with Idaho Forest Group announced at the end of August the closure of its St. Regis, Mont. sawmill in late November. The company had acquired the mill in 2017 from Tricon Timber.
A post on IFG’s website from August 2019 noted the company had added a sprinkler system, replaced some older equipment and was converting the mill to an 8 ft. operation with other projects in the works. However, according to news reports of the closure announcement, the facility had not met production targets in the past year despite high lumber prices and had been having trouble finding employees.
Company officials say the hot lumber market helped mask some of the issues at St. Regis, but with prices now falling, IFG officials say the mill isn’t cost competitive and the decision was made to close the operation.
The facility employed 99 on site and had a big multiplier effect in western Montana supporting logging, trucking and other local jobs.
IFG operates six sawmills in Idaho and is building a new sawmill in Mississippi that’s scheduled to start up in 2023.
RELATED ARTICLES
Latest News
Search North America Adds Senior Recruiter
Search North America (SNA), a leading wood products-based search, recruiting, and placement firm, is proud to announce and welcome Dave Rupp as a new Senior Recruiter, mainly focusing on the Western U.S. and Canada. He joins…
Roseburg Adds New VP-General Counsel; Corporate Secretary
Roseburg announced that Matt Lawless has been named Vice President-General Counsel and Corporate Secretary, effective March 1, 2023. Lawless will join the company’s executive team and help set strategy and overall direction for the business…
Sierra Pacific Industries Announces New Sawmills
Sierra Pacific Industries (SPI) plans to build a new sawmill complex, including two new sawmills located adjacent each other on the east side of its existing site in Eugene, Ore., eventually operating under one roof and ultimately replacing the existing sawmilling facilities. The new…
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.