Source:
MissoulianKALISPELL - Yet another sawmill is closing and two more are on the chopping block as Plum Creek Timber Co. continues to stagger beneath a collapsing real estate market.
... The bad news Monday: Plum Creek will close its Pablo sawmill in 60 days, and may do the same at mills in Evergreen and Columbia Falls. Combined, the mills employ nearly 300 people.
In March, the company permanently closed its Ksanka sawmill, shedding the last 90 jobs there. That Eureka-area mill will be dismantled, Budinick said, and its equipment sold at auction.
... According to forecasts by the Western Wood Products Association, “demand for lumber in the U.S. in 2009 will slide to the lowest level in modern history,” to just 28.9 billion board feet. That’s 30 percent off last year’s mark, and 55 percent off the 2005 high of 64.3 billion board feet. A March report from WPPA calls it “the steepest decline in the history of the industry.”
Read more:
http://missoulian.com/articles/2009/04/27/news/local/news002.txt