The industry has been plagued by a long-term shortage of equipment that can handle the massive loads that timber buyers and processors use to cut and process their timber.That problem, which has been a long time coming, has forced some timber buyers to hire workers who often do not have the necessary training or certification to operate the equipment.But a recent federal investigation found that t...
The Timber Processing and Timber Treatment process is a key part of the timber processing industry.
With more than 3,000 mills in the United States and Canada, the process involves the removal and processing of the tree trunk and its parts, then the final cut of the wood into finished products.
The process requires a lot of machinery, but most mills are well-managed and have adequate facilities.
The lumber mill in the Chicago suburb of Waukegan is a prime example of the industry’s stability and quality.
Its main plant in Waukesha, Illinois, is a fully automated operation with a skilled workforce of nearly 7,000.
The Chicago-based company’s president, John McKeon, told ESPN Crikey that the company has received a $1 billion investment in 2019.
McKeons plans to use the money to expand the company’s footprint in Wisconsin, Michigan and Illinois.
McKeefe is also in talks with investors about purchasing another mill in New York City.
The $1.4 billion investment would make the company one of the largest private-sector investment in the US, according to data from the Woodlot Trust.
The Woodlot has previously invested in several timber processing plants, and it also has a timber processing plant in Ontario, Canada.
“We believe in the long term, we are going to be able to provide the best products for our customers, and we have an established track record of producing the best quality products,” McKean said.
The company currently has one plant in the area.
“I’m confident we’re going to bring jobs to the area,” McKeefe said.
Mc Keon also pointed to the fact that timber companies in Wisconsin have seen a steady decline in the price of lumber.
The state’s average price for lumber fell 6% between July and September, according the Wisconsin Department of Natural Resources.
That decline is the largest in the nation and puts Wisconsin in the top five states for lumber prices.