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...

 

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