News

Plum Creek mills report $9 million loss

May 8, 2008 /

MATR Sponsor (view all)


Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.

Plum Creek’s manufacturing segment, which includes mills, here, reported a $9 million operating loss for the first quarter of this year, which compares to a $1 million loss in the first quarter of 2007.

The company says that average lumber prices were 6 percent lower than the same period as a year ago.

Still the company isn’t expecting any large layoffs, Tom Ray, general manager for Northwest Resources said. Ray said some short-term job reductions at the small log section of its sawmill here are forthcoming this month. But that’s due to spring break-up and a shortage of smaller logs, he said, not lumber markets.

By CHRIS PETERSON / Hungry Horse News

Full Story: http://www.hungryhorsenews.com/articles/2008/05/08/news/news02.txt

MATR Supporters (view all)


Prospera helps businesses and communities find their pathway to success, acting as the navigator, problem solver and catalyst for a strong Montana economy.

As the hub of learning, creativity and innovation in Northwest Montana, Flathead Valley Community College is expanding

Big Sky Commerce is an integrated provider of merchant credit card transaction processing services, check processing services, Internet payment gateways, related software application products and value-added services.
Posted in:

Sorry, we couldn't find any posts. Please try a different search.

Leave a Comment

You must be logged in to post a comment.