A report is now available from the USDA Forest Service regarding Arkansas Hardwood timber and lumber industry for the 3rd quarter of 2009. In January of 2009 the Forest Service estimated that a total of 15 mills would be closing throughout the U.S. South in 2009. The report reads, “in September, Columbus Lumber in Brookhaven, Miss. was forced to close due to a financing issue with its lender, Bank of America. That announcement followed on the heels of AbitibiBowater’s statement that it would shutter its Albertville, Ala. mill permanently on November 15. Following these two announcements, the total number of closures now stands at 13 mills.” Accoring to the USDA Forest Service in 2009, nearly one billion board feet has been removed from production. For more information
http://www.arnatural.org/News/Timber_Report/2009/ar_price_report_09_3.pdf
