New Mexico Gains New Sawmill Venture
Northern California’s Lance Forest Products is relocating a sawmill from Redding to Cimarron, New Mexico with the help of a $350,000 investment from the state Economic Development Dept. Lance Forest Products executives have developed logging and thinning agreements with ranches in the northern New Mexico region, and state officials are hoping additional thinning in the area will help reduce the risk of catastrophic wildfires such as the Ute Park blaze that burned 36,000 acres in and around Philmont Ranch in 2018.
Company officials are looking for 40 employees to staff the operation, and state officials are hoping the move will revitalize the forest restoration economy in the area, provide needed jobs and improve forest health. The Village of Cimarron also plans to develop an industrial park around the new sawmill to serve businesses that can use wood products for furniture and pellets. Lance Forest Products officials say they plan on relocating more than $1.2 million in machinery from California to New Mexico and hope to begin operations in mid 2020.
Latest News
Oregon Truckers File Suit Against State
Rob Freres, president of Oregon-based Freres Engineered Wood, a manufacturer of lumber, veneer, plywood and mass timber, has thrown in his support for a lawsuit filed by the Oregon Trucking Assn. and three Oregon-based trucking companies against the state of Oregon for overcharging truckers under the weight-mile tax.
Hasslacher Enters North America
Austria-based Hasslacher group is acquiring a stake in Element5, a mass timber producer specializing in the design, manufacture and assembly of modern engineered timber buildings. Based near Toronto, Can., Element5 employs more than 100 and produces cross-laminated timber and glued laminated timber for the North American market.
Hampton Lumber Purchases Rebuilt
Atlas Holdings has entered into an agreement to sell RedBuilt, LLC to Hampton Lumber Mills, Inc. Atlas formed RedBuilt with the acquisition of the commercial division of Trus Joist from Weyerhaeuser Co. in 2009. Over the next 14 years, the company became an industry leader in the engineering, design and manufacturing of proprietary wood-based structural solutions serving the low-rise commercial construction market. The transaction is anticipated to close in the first quarter of 2024.
Peak NA, Fehr Purchase RPM
Registration is now available for the 2024 Western Wood Producers Assn. (WWPA) Annual Meeting. The meeting will be held at the Hotel Indigo in Vancouver, Wash., April 14-16. To register for the event visit, https://www.wwpa.org/about-wwpa/annual-meeting. To take advantage of the group rate, visit the Hotel Indigo website, and use group code WWP. The deadline for the group rate is March 14, or until the room block is sold out…
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