March 22, 2010 in Business, City, Idaho

Potlatch sells Post Falls plant

By The Spokesman-Review

Potlatch Corp. has sold its Post Falls particleboard plant to Todd Brinkmeyer, a former sawmill operator.

The particleboard plant employs about two dozen people, most of whom will keep their jobs. The sale closed on March 12. The purchase price was not disclosed.

The small-scale plant no longer fit into Potlatch’s core mission, which is tied to forestlands and lumber production, said Mark Benson, the company’s vice president for public affairs.

“Potlatch will continue to own 840,000 acres of forestland in Idaho, and operate a lumber mill and plywood plant in St. Maries,” he said.

Brinkmeyer could not be reached for comment Monday. He’s the former owner of a sawmill in Plummer that specialized in processing small-diameter logs. Brinkmeyer sold that sawmill in 2006.

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