Pyramid Mountain Lumber Announces Permanent Closure of Its Seeley Lake, MT, Sawmill
Pyramid Mountain Lumber in Seeley Lake shutting down
On Thursday, Seely Lake, Montana’s Pyramid Mountain Lumber, Inc. announced that it will cease operations later this spring, 8KPAX reported (3-14-24). The company cited labor shortages, lack of housing, unprecedented rising costs, plummeting lumber prices, and the cost of living in Western Montana.
According to the press release, Pyramid’s management group and board of directors worked on many of these issues for years trying to find a way to address them. They said that despite their best efforts, they see no way out of the situation.
The current plan calls for a strategic wind-down of its operations. Pyramid will cut off logs on Sunday, March 31st, run the log inventory through the sawmill, and surface and sell all lumber before auctioning the mill equipment.
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