The 42-year-old Benton County lumber company will continue limited operations until summer.
The closure came on Monday because of difficulties in finding suitable cedar logs, primarily due to harvest restrictions in public forests, said Brad Kirkbride, Mary’s River Lumber Co. president.
“It’s a sad moment, but there comes a point where with this extreme shortage of logs, you just don’t see a future,” he added. “We fought this thing for a long time trying to keep the business open. This is a situation where it isn’t going to get any better. It’s been rough.”
(READ MORE: Corvallis Gazette-Times)
Despite regional timber-related closures, the Federal Economic Development Administration recently gave Oregon State University a grant of about $450,000 to bring mass timber production, such as cross-laminated timber, back into the market.