Tricon Timber Reaches Buy-Out Agreement with Forest Service - ABC FOX MONTANA NEWS, WEATHER, SPORTS - KTMF/KWYB

Tricon Timber Reaches Buy-Out Agreement with Forest Service

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ST. REGIS -

With the help of Senator Jon Tester, Tricon Timber in St. Regis reached a buy-out agreement with the U.S. Forest Service to cancel an expensive logging contract signed before the recession.

Tricon Timber is Mineral County's largest private employer, and one of the largest operating sawmills in Montana. It signed a logging contract with the Forest Service, which Senator Jon Tester said became too expensive for the company when the housing market collapsed in 2008, and the price of wood went down.

Senator Tester convinced the Forest Service to allow Tricon to pay an affordable buy-out fee. The agreement allows the company to end helicopter logging in the Lolo National Forest.

"It is the biggest mill in the state. They've made incredible investments in their infrastructure, which makes them be able to say around for a while those kind of businesses that pay good wages with good benefits, that help support communities, those are the kind of businesses that matter most," Senator Tester said.

Tricon Timber employs 200 Montanans and supports 600 sub-contractors.

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