Current:Home > MarketsHardwood flooring manufacturer taking over 2 West Virginia sawmills that shut down -Stellar Financial Insights
Hardwood flooring manufacturer taking over 2 West Virginia sawmills that shut down
View
Date:2025-04-26 00:14:42
CHARLESTON, W.Va. (AP) — A hardwood flooring manufacturer has agreed to acquire two sawmills from a West Virginia lumber company that shut down.
Mountville, Pennsylvania-based AHF Products said it will purchase Allegheny Wood Products sawmills in the Greenbrier County community of Smoot and the Randolph County community of Norton. AHF said in a statement that about 80 jobs will be saved at the two mills. More jobs are expected to be created in the region for loggers, truckers and suppliers.
The sawmills will augment the supply of lumber to AHF’s solid wood flooring manufacturing facility in the Randolph County community of Beverly, the statement said.
The supply of eastern U.S. hardwood lumber is currently 65% of what it was prior to the coronarivus pandemic and 40% of that before 2007. The sawmill purchases will supply 25 million board feet annually and recover all of the lumber supply that AHF would have lost due to the closure of Allegheny Wood Products, the statement said.
“The purchase of these two sawmills is a wonderful and smart investment,” AHF President and CEO Brian Carson said.
Founded in 1973, Allegheny Wood Products grew to eight sawmills in the state and touted itself as one of the largest producers of eastern U.S. hardwoods before shutting down in February. An official for the state’s unemployment agency told lawmakers that about 900 workers were affected. A federal lawsuit filed by a former employee accuses the company of failing to give the required 60-day notice before ordering mass layoffs.
Allegheny gained widespread attention last year when its attempt to build a log fumigation facility in picturesque Hardy County drew fierce opposition. The company eventually dropped the bid.
veryGood! (2)
Related
- Highlights from Trump’s interview with Time magazine
- Judge orders retrial of civil case against contractor accused of abuse at Abu Ghraib
- How many points did Caitlin Clark score last night? Clark turnover nearly costs Fever win
- Who is Alex Jones? The conspiracist and dietary supplement salesman built an empire over decades
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Some Mexican shelters see crowding south of the border as Biden’s asylum ban takes hold
- Katie Ledecky, Caeleb Dressel lead stars at 2024 US Olympic swimming trials
- Dogs’ digs at the Garden: Westminster show returning to Madison Square Garden next year
- The Super Bowl could end in a 'three
- 6 minors charged in 15-year-old boy's drowning death in Georgia
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- It's the most Joy-ful time of the year! 🥰
- Her dying husband worried she’d have money troubles. Then she won the lottery
- Alex Jones could lose his Infowars platform to pay for Sandy Hook conspiracy lawsuit
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Judge orders retrial of civil case against contractor accused of abuse at Abu Ghraib
- Virginia lawmakers to hold special session on changes to military education benefits program
- Bebe Rexha calls G-Eazy an 'ungrateful loser', claims he mistreated her post-collaboration
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
WWE Clash at the Castle 2024: Time, how to watch, match card and more
How Isabella Strahan Celebrated the End of Chemotherapy With Her Friends and Family
After 'melancholic' teen years, 'Inside Out 2' star Maya Hawke embraces her anxiety
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Suspect arrested after Louisiana woman killed, her 2 young daughters abducted and 1 killed, authorities say
G7 leaders tackle the issue of migration on the second day of their summit in Italy
A 9-year-old boy is fatally shot in Milwaukee, Wisconsin: 'It should not have happened'