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‘Timberrrr’ echoes less often in the West
The nation’s housing slump is dealing a devastating blow to Western states dependent on the forest and wood products industry.
"We’re in the midst of the deepest downturn in the history of the timber industry," said Butch Bernhardt, of the Western Wood Products Association.
Bernhardt said the association figures, due to be released next week, will show the decline is even worse than predicted in its fall report.
"It was ugly enough, but now it’s very, very ugly," he said.
Sawmills across the region are eliminating shifts, curtailing operations and even shutting down, said Ray Wilkeson of the Oregon Forest Industries Council.
By Tracy Loew, USA TODAY
Full Story: http://www.usatoday.com/money/industries/2008-12-11-timber_N.htm
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