Idaho Veneer Closing

 

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376180744-0'); });
Longtime independent veneer producer Idaho Veneer Co. in Post Falls, Id. has closed its doors, as the family ownership has decided to sell the mill property, which has slowly “moved” from outside of town to the middle of town as the area has grown. The company dates to 1953 with “a slicer the middle of a field in northern Idaho,” according to a company statement.

The mill is located along I-90 in Post Falls, which has grown dramatically as part of the commercial corridor between Spokane and Couer d’Alene, and family members decided to sell the property for conversion to a higher value use.

The late April release said the company was planning to run out its log yard and veneer inventory and liquidate as much of the facility. “We value the friendship and camaraderie we share with so many of you…The decades we’ve spent in the business make for a treasure trove memories,” said the statement, signed by Malloy family members and company executives. An auction was held for all the equipment and buildings exclusively online starting June 17, 2020, with bidding ending June 24.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548375988914-0'); });

Latest News

FPIC At Louisiana Tech Receives Donation

Martin Sustainable Resources LLC of Alexandria, La. has donated $1 million to Louisiana Tech as a leadership gift toward construction of the University’s new Forest Products Innovation Center (FPIC), with the assurance of another $1…

Kadant Completes Key Knife Acquisition

Kadant Inc. has completed its previously announced acquisition of Key Knife, Inc. and some of its affiliates for approximately $156 million in cash, subject to certain customary adjustments. The acquisition was financed primarily through borrowings…

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1589916740199-0'); });

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376916922-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376961890-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548377005333-0'); });
Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe Now
Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Complete the form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

Contact Us