Paths forward for Pyramid, interested buyers and wood industry cooperatives

At an April 5 meeting in Missoula, various parties interested in purchasing Pyramid Mountain Lumber — Seeley Lake’s largest employer, which announced its closure on March 14 — gathered to learn about potential funding mechanisms available for buying the mill and modernizing its operations.

A couple of options emerged as paths forward: the mill could be purchased and modernized — costing somewhere upwards of $40 million, the low-end of the current estimate — or employees, loggers and various land owners could form a cooperative.

Like many, when Walter Schweitzer, president of the Montana Farmer...


Reader Comments(0)

Rendered 05/17/2024 20:46