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US sawmills warn of accelerating closures as tariffs, weak demand squeeze industry

On HALO

1 week ago

MANCHESTER, Tenn. – Several US sawmills are struggling to stay open after industry leaders said years of trade uncertainty have drained export markets and tightened margins.The Hardwood Federation estimates at least one sawmill is going out of business every week. Additionally, the National Hardwood Lumber Association (NHLA) reported that more than 4% of U.S. sawmills have been lost due to closures and consolidations. The equipment from those sawmills ends up in a growing pile of auction fliers on Johnny Evans' desk at the Evans Lumber Co. in Manchester, Tennessee. However, Evans is desperate...

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1 week ago
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