- Associated Press - Saturday, May 14, 2016

FAIRLEE, Vt. (AP) - The owner of a Vermont lumber company says he won’t rebuild a sawmill that was destroyed last year in a fire.

Britton Lumber owner Robert Moses tells The Valley News (https://bit.ly/224fIc1 ) that he will instead purchase a pine board business in Bath, New Hampshire.

The Fairlee sawmill was destroyed in a fire last March. It employed about 20 workers. Moses says about half of them lost their jobs. The 70-year-old company anticipates more layoffs when the deal is final.

Moses says the complexity of rebuilding a large sawmill plant was outweighed by the opportunity from H.G. Wood.

He says rebuilding would have required him to spend money waterproofing the structure near the Connecticut River and elevating its base.

The price of the H.G. Wood sale wasn’t disclosed.

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Information from: Lebanon Valley News, https://www.vnews.com


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