Exclusive: USDA distributing loans to Oregon, Nevada sawmills to expand timber production

Exclusive: USDA distributing loans to Oregon, Nevada sawmills to expand timber production

Spread the love

Sawmills in Oregon and Nevada will be receiving $80 million in federally guaranteed loans to increase American timber production, the Department of Agriculture shared exclusively with The Center Square Thursday.

The loans are part of a Trump administration initiative to increase domestic timber production by 25%, reduce wildfire risk, and reduce American dependence on other nations for lumber products.

Tahoe Forest Products of Carson City, Nev., in partnership with MapleMark Bank, is set to receive $50 million to expand its processing capabilities, shifting from purely rough lumber production to finished lumber that can be sold to retailers and large-scale construction markets.

Clatskanie Scion, in partnership with First Interstate Bank, has been awarded $30 million to “to expand operations for Myers Woodline to manufacture industrial lumber products” and “bolster the region’s timber industry.”

“This investment in the Timber Production Expansion Partnership program demonstrates an important step towards strengthening America’s wood products infrastructure, and rural economies,” said Forest Service Chief Tom Schultz in a statement. “This supports Forest Service’s ability to actively manage the land, reduce the risk of wildfire, and ensure wood products from our national forests support rural communities.”

In March 2025, President Donald Trump signed an executive order aimed at the “immediate” expansion of American timber production, part of a bevy of orders intended to reduce dependence on foreign industries and products and increase American domestic manufacturing.

The order said that the U.S. could meet its own timber production needs, but federal policies had gotten in the way.

“The United States has an abundance of timber resources that are more than adequate to meet our domestic timber production needs, but heavy-handed federal policies have prevented full utilization of these resources and made us reliant on foreign producers,” the order reads. “It is vital that we reverse these policies and increase domestic timber production to protect our national and economic security.”

Expanding the American timber industry could contribute to lower construction and energy costs, according to the administration. The USDA has invested $165.2 million in the states of California, Idaho, Kansas, Louisiana, Maine, Nevada, Oklahoma, Oregon, Virginia and Wisconsin through TPEP.

Leave a Comment





Latest News Stories

will-county-board.2

Major Grade Separation Projects Advance with Engineering Contracts

The committee approved two significant engineering agreements for major railroad overpass projects totaling over $4 million. TranSystems Corporation received a $4,003,256 contract for construction engineering services on the Lorenzo Road...
County-Board-Room

County Authorizes Condemnation for Francis Road Project

The committee authorized the State's Attorney's Office to proceed with condemnation cases for right-of-way acquisition needed for Francis Road improvements between Gougar Road and Interstate 80. Eight property parcels are...
will-county-board

Solar Farm Access Approved for Manhattan-Arsenal Road

The committee granted access approval for a solar farm development on Manhattan-Arsenal Road approximately 1,000 feet east of Cherry Hill Road. The MCH Solar 1 project, developed by Soltage LLC,...
will-county-board.3

Will County Finance Committee Meeting Briefs

Budget Transfers Approved: The Finance Committee approved transferring $18,643 within the Supervisor of Assessments budget to move funds from software licensing to computer hardware purchases. Animal Protection Services Funding: Committee...
will-county-board.2

Public Works Committee Briefs

Major Projects Update: Construction continues on several major projects including the 80th Avenue expressway overpass, Laraway Road widening near Cedar Road, and Bell Road improvements. The Bell Road project at...
will-county-board

Capital Improvements & IT Committee Briefs

Bed donation program: Will County donated old beds from Sunny Hill Nursing Home to Joliet Junior College and Project Cure after the nursing home received all new beds for residents....
Frankfort-Village-Board-Meeting-Graphic

Frankfort Board Approves New Wendy’s on Route 30 With Numerous Modifications

A new Wendy's restaurant is set to be built at the northwest corner of U.S. Route 30 and Frankfort Square Road after the Frankfort Village Board unanimously approved the project...
Frankfort-Village-Board-Meeting-Graphic

Historic Downtown Frankfort Property Granted Deck and Patio Variances

The owners of a historic mixed-use building in downtown Frankfort have received approval for six zoning variances to construct a new paver patio and a second-floor rear deck. The Frankfort...
Frankfort-Village-Board-Meeting-Graphic

Frankfort Approves $1.3 Million in Bills, Including Annual Insurance Payment

The Frankfort Village Board authorized over $1.3 million in payments at its meeting Monday, with nearly half of the total amount covering the village's annual insurance premiums. Trustees unanimously approved...
Meeting-Briefs

Meeting Briefs: Frankfort Village Board for June 2, 2025

Wendy's Project Approved with Multiple Variances: The Village Board gave final approval for a new Wendy's restaurant at U.S. Route 30 and Frankfort Square Road. The project required a major change...
mokena library logo graphic.3

Library Board Reviews Draft Budget, Praises Staff Investment and Plans for Financial Advisor

The Library Board of Trustees reviewed a preliminary working budget for the upcoming fiscal year during its May 27 meeting, highlighting a notable increase in funding for staff development and...
mokena library logo graphic.5

Library Board Updates Job Descriptions for Minimum Wage, Adds New Personnel Reporting

The Library Board of Trustees unanimously approved updated job descriptions for several positions on Tuesday to align with new minimum wage requirements and, in a move toward greater transparency and...
Meeting-Briefs

Meeting Briefs: Library Board of Trustees for May 27, 2025

The Library Board of Trustees reviewed a preliminary working budget for the upcoming fiscal year, which includes increased funding for staff continuing education. While no vote was taken, the board...
frankfort-park-district.1

Frankfort Park Board Holds Closed-Door Talks on Five Oaks HOA Dispute

The Frankfort Park District Board of Commissioners entered into a closed executive session on Tuesday, May 27, to discuss pending litigation concerning the Five Oaks Park parcel, signaling a deepening...
Frankfort-Township-Logo-Graphic

Frankfort Township Approves Employee Raises, Details Major Infrastructure and Service Projects

Frankfort Township employees will receive a 2.5% cost-of-living pay increase after the Board of Trustees unanimously approved the adjustment at its Monday, May 19 meeting. The move came as Supervisor...