Besse Forest Products Group shutters US Midwest mills, puts assets up for sale

The HBS Dealer
October 3, 2024
Category: Business & Politics
Region: United States, US East

GLADSTONE, Michigan — Besse Forest Products Group has officially closed six of its green lumber sawmills and veneer mills in Wisconsin and Michigan… and the assets from these facilities are now up for sale. The operations were integral to the production of materials used in cabinets, flooring, furniture and more. This closure presents a unique opportunity for industrial operators to acquire large-scale, fully operational sawmills and veneer mills, but only until the end of October. The real estate at four Wisconsin sites (Ladysmith, Goodman, Mattoon, and Rice Lake) is owned and will be included in the sale, while the facilities in Gladstone and Baraga, Michigan, are leased. …If no buyers secure the entire operation by October 31, the assets will be sold off in pieces starting in November.

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