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Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
The Saginaw Valley & St. Louis Railroad was constructed to the village in 1871, and Saint Louis grew in population and size in the 1870s and 1880s, mainly due to the steady stream of visitor to the mineral baths. In 1881, a new ordinance required all new building construction downtown to be of brick.
Simpson was a prominent forest products company in Northern California for much of the 20th century, after first acquiring California timberland in 1945, eventually managing more than 450,000 acres of forest in California, in what was then known as the Redwood Division and is now mostly part of spinoff Green Diamond Resource Company.
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The Missouri Lumber and Mining Company (MLM) was a large timber corporation with headquarters and primary operations in southeast Missouri.The company was formed by Pennsylvania lumbermen who were eager to exploit the untapped timber resources of the Missouri Ozarks to supply lumber, primarily used in construction, to meet the demand of U.S. westward expansion.
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To feed the mill McCormick's St. Helens Timber Company also purchased 4,000 acres of timber. In 1912 McCormick formed the St. Helens Lumber Company as parent company over Helens Mill Company and the St. Helens Timber Company. In 1912 McCormick expanded the company with a second sawmill, a creosoting plant and shipyard, the St. Helens shipyard.
That year he bought and then sold sixteen hundred acres of land, profiting $4,000 on the deal. This was the start of his success in real estate in Michigan. [1] In winter 1868 Atwood began working in lumber, making a profit of $6,000 (~$114,449 in 2023) in the following year. He continued to cut one to five million feet of lumber until 1877. [1]