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A pair of Western Colorado timber mills are getting some much needed financial help after being granted a half a million dollars in federal stimulus funds.
The timber mill industry is a dirty job. But it isn’t the sawdust that irritates workers, it’s the crash of the housing market that left their industry in shambles.
“We think we’ve hit the bottom. We’re seeing opportunities for improvement,” Eric Sorenson said. He is the CEO of the Delta Timber Company in Delta county.
“In 2005 there were two million houses [built]. Last year it was under 400,000. So, that’s the scope of the decrease,” Sorenson said.
Because of the crash of the housing market, he had to face the reality he might have to shut down his timber milling business for good.
“I’ve been in the industry for about 33 to 35 years now and this is the toughest I’ve seen it. So whether we could have even survived was questionable.”
Last week, his business, along with Intermountain Resources in Montrose got some good news. $500,000 of federal stimulus money will be granted to both businesses in the near future.
Sorenson says he has the community to thank.
“[We received] support letters from local economic development, we received it from local commissioners, state and federal representatives and senators, and we had absolutely wonderful support and this community is awesome,” Sorenson said.
His current employees as well as the 20 he was forced to lay off now have something to look forward to.
“I know they’re happy. We had, of the people we had laid off during that period, everyone of them was available to come back so that was very nice… We look forward to steadier employment, increased employment.”
Sorenson also says the “Forest Industry Retention Grant” will also help trickle funds all the way to forest operations.
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