Stimson Lumber Company announced plans to permanently curtail operations at it’s Forest Grove mill by 40%. The company cited the increasingly hostile environment for companies operating in rural Oregon as the primary reason for the curtailment. The company pointed to increased costs from recent legislation including Oregon’s “Clean Fuels Tax” and Commercial Activity Tax as factors reducing the mills competitiveness.
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.