New Montana law aims to incentivize new wood products facilities

KPAX.com
May 27, 2025
Category: Business & Politics
Region: United States, US West

SEELEY LAKE, Montana — A law passed during the 2025 legislative session could provide $6 million in low-interest rate loans for an entity that wants to start up a wood products facility. The measure could impact Seeley Lake, where Pyramid Mountain Lumber once operated. “I think the likelihood of you know, somebody coming here, obviously, there’d be opportunity at other mills as well, but they really like the, the ability to source timber from this site,” said Pyramid Mountain Lumber owner Todd Johnson. Johnson says the new law would incentivize anyone looking to open a new facility by providing funding for one portion of the total for opening a new mill. “I think the, the main designs behind it were so that it would allow somebody to secure a site. Six million dollars would go a long ways towards securing, you know, a site here in Montana,” said Johnson. 

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