Roseburg Forest Products Lays Off 2.5% of Its North American Workforce
Roseburg Forest Products streamlines operations
Roseburg Forest Products confirmed that it laid off approximately 2.5% of its workforce across all North American locations early last month, while 120 positions are slated to be filled at Oregon facilities through 2026, The News-Review reported (12-5-24).
In an email to The News-Review, Roseburg Forest Products spokesperson Sarah Smith said: “As we near the end of 2024, soft demand for wood products and broad-based pricing pressure continue to be a drag on our industry. Looking into 2025, we do not expect near-term recovery in demand, and as a result, we are positioning to weather another challenging year.”
Smith added that the move to eliminate these positions was a necessary one to cut “unnecessary costs.” “This move positions us to operate more efficiently, weather the extended downturn, and remain on track to achieve our longer-term strategic objectives,” Smith said.
Over the last two years, Roseburg Forest Products has made significant investments in its manufacturing capabilities. In 2023, the company announced a $700 million investment into two new production plants located in Dillard.
The first of these two plants, Dillard Components, opened in late summer 2024 with the second plant, Dillard MDF, expected to open in 2026. Between the two, Roseburg Forest Products expects 120 new employees, according to the report.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.