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Interfor Corp., Vancouver, B.C., has agreed to sell its specialty sawmill in Gilchrist, Or., to Neiman Enterprises, Hulett, Wy.
The Gilchrist sawmill, which specializes in ponderosa and lodgepole pine boards, has been curtailed since mid-June of this year due to COVID-19 related economic factors. Prior to its curtailment, the mill produced approximately 80 million bd. ft. of lumber per year and employed approximately 150 employees.
Neiman is a privately held, third-generation family business with pine board sawmill operations in Wyoming and South Dakota and a stud mill in Colorado. Neiman intends to restart the mill in the near future and rehire a substantial number of the furloughed employees. The company will also consider potential future capital investment opportunities for the facility.
“After a careful review of the potential future options for the mill, we believe the sale to Neiman offers the best long-term outcome for our employees and the surrounding communities,” said Andrew Horahan, Interfor’s VP of western operations.
The deal is expected to close in the fourth quarter of 2020.
