Stimson Lumber has auctioned off the inventory of its 125-year-old mill in Bonner, Mo.
The Portland, Ore.-based lumber company closed the mill in July of this year following a “chronic, long-term” shortage of logs in western Montana relative to the high milling capacity in the area.
According to the Missoulian newspaper, goods are being auctioned off of the mill through today, including blades, drill presses and numerous other items. The lumber mill has been up for sale since August, at an asking price of $16 million, according to the report.
Stimson Lumber operates nine manufacturing locations in the United States, in Idaho, Montana, Oregon and Washington.