Pyramid Mountain Lumber Company, Inc. has maintained 140 employees and kept their doors open through the worst year financially the mill has ever experienced. Pyramid’s Chief of Operations Loren Rose said the mill intends to persevere and keep their employees on the payroll despite economic challenges.
Rose said the biggest reasons for the loss of revenue are log costs and the drop instead of rise in market prices in the spring.
Pyramid was the first of the Montana mills to adjust spending to account for poor lumber prices. About a year ago, Pyramid cut spending. That sent local loggers to other mills where they could get more for their timber.