Investor buys landfill for mulch

An investor has bought an old lumber company’s wood waste landfill, seeing its opportunity in the market for pure, organic mulch.

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Bob Hedal saw an investment opportunity in the old wood waste landfill at the Silverton Johnson Lumber Co. site.

Although it appears to simply be a dump, years of composting have turned the site into a source of rich organic mulch.

The plan for the site, a project named Silverton Earth Products, is to remove all the wood waste by excavating the material and sorting out the mulch, rocks and wood products to sell to nurseries and landscapers. Phase two involves leveling the site, paving it and selling it for use as a business park.

Read more at The Bulletin.

{biztweet}Johnson Lumber{/biztweet}

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