Current:Home > StocksOliver James Montgomery-Hardwood flooring manufacturer taking over 2 West Virginia sawmills that shut down -Elevate Capital Network
Oliver James Montgomery-Hardwood flooring manufacturer taking over 2 West Virginia sawmills that shut down
SafeX Pro View
Date:2025-04-10 07:41:23
CHARLESTON,Oliver James Montgomery 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! (1785)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- WATCH: NC State forces overtime with incredible bank-shot 3-pointer, defeats Virginia
- Sam Bankman-Fried deserves 40 to 50 years in prison for historic cryptocurrency fraud, prosecutors say
- Kelly Clarkson Countersues Ex Brandon Blackstock Amid 3-Year Legal Battle
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Macaulay Culkin and Brenda Song Step Out for Rare Red Carpet Date Night
- WATCH: NC State forces overtime with incredible bank-shot 3-pointer, defeats Virginia
- Watch as staff at Virginia wildlife center dress up as a fox to feed orphaned kit
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Watch as staff at Virginia wildlife center dress up as a fox to feed orphaned kit
Ranking
- Olympic disqualification of gold medal hopeful exposes 'dark side' of women's wrestling
- McDonald's experiences tech outages worldwide, impacting some restaurants
- In close primary race, trailing North Carolina legislator files election protests
- Virginia Lawmakers Try to Use Budget to Rejoin RGGI – But Success Is Questionable
- Drones warned New York City residents about storm flooding. The Spanish translation was no bueno
- Great Value cashews sold at Walmart stores in 30 states recalled, FDA says
- 'Baywatch' star Nicole Eggert shaves her head with her daughter's help amid cancer battle
- Dozens feared drowned crossing Mediterranean from Libya, aid group says
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
PETA tells WH, Jill Biden annual Easter Egg Roll can still be 'egg-citing' with potatoes
Things to know about Uber and Lyft saying they will halt ride-hailing services in Minneapolis
Colorado man bitten by pet Gila monster died of complications from the desert lizard’s venom
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Host, radio station apologize for 'offensive' quip about South Carolina star Kamilla Cardoso
America is getting green and giddy for its largest St. Patrick’s Day parades
Early morning shooting at an Indianapolis bar kills 1 person and injures 5, report says