Jobs lost due to western Montana sawmill closure

Share this article

A sawmill in western Montana is closing this fall, laying off 99 sawmill workers when it finishes processing its remaining log supply, which mid-November expects. 

On Monday, Idaho Forest Group officials informed employees at the St. Regis mill of the decision. In 2017, the Coeur d’Alene-based company purchased the St. Regis mill. 

We made some investments back in January 2020, but it’s not cost-competitive with any of our newer mills,” said Tom Schultz, an IFG vice president. “When the market went up, we were able to mask some of the issues we were facing.“.With lumber prices returning to normal, the mill cannot operate without losing money right now, he said. 

According to Schultz, the St. Regis facility has failed to meet production goals due to outdated equipment and difficulty finding workers. The mill makes construction lumber like 2x4s and 2×6 studs. Loggers, trucker jobs, and other contract workers will also be affected by the closure. 

According to Schultz, the Idaho Forest Group has 40 job openings in Idaho, so that some employees may relocate. Employees will also be assisted with job fairs, resume writing, and interview coaching. Idaho Forest Group is the owner of six lumber mills and is currently constructing a sawmill in Mississippi. 

Source: U.S. News & World Report

Similar Articles

Don't Miss

Navy Will Cut 500 Civilian East Coast Jobs

To fulfil Navy Region Mid-Fiscal Atlantic's Year 2022 budget objective, 500 Navy civilian employees on the East Coast will be laid off, and port activities would be limited to daylight Monday through Friday.

Fed signals bond-buying taper may start soon

As the US central bank's shift away from economic crisis measures gets traction, the Federal Reserve indicated on Wednesday that it will likely begin cutting its monthly bond purchases as soon as November, and that interest rate hikes may come sooner than planned.

Should staff return to the office?

For example, it may persist with current Covid-19 precautions in the workplace, requiring employers to plan for social distancing and to provide extra hygiene facilities. There may also be special arrangements in place for Vulnerable workers, such as pregnant women and those who have been shielding during the crisis