Header: Header: Header:

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

U.S. Housing Starts Boom In November

U.S. housing starts—single-family and multi-family combined—made their largest monthly increase in 2023, jumping 14.8% in November over October to a rate of 1.560 million. Single-family starts in November were at a rate of 1.143 million, a whopping 18% above October, while multi-family was 404,000 in November, up nearly 9% over October…

Weyerhaeuser Enhances Coastal Holdings

Weyerhaeuser Co. entered into two agreements with Forest Investment Associates to divest 69,600 acres in upstate South Carolina for $170 million, and to purchase 60,700 acres of high-quality timberlands in coastal North Carolina, South Carolina and Mississippi for $163 million…

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.