Interfor's closure of Oklahoma lumber mill affects local jobs and housing market

The recent Alsea Community Advisory Committee (CAC) meeting highlighted significant concerns regarding the local timber industry and its impact on housing availability in Benton County, Arkansas. As discussions unfolded, members expressed their worries about the closure of lumber mills, particularly referencing the recent shutdown of a mill by Interfor, which was previously owned by Georgia Pacific.

Participants clarified that neither the city nor the county was responsible for the mill's closure, emphasizing that it was a business decision made by Interfor. This closure has raised alarms within the community, as it not only affects local employment but also limits the availability of materials essential for housing construction. The timber industry is a vital part of the local economy, and the loss of jobs in this sector has broader implications for the community's financial health.

The committee members noted that the housing market is under scrutiny, particularly in light of rising interest rates and uncertainties surrounding loan affordability. Many residents rely on jobs in timber, making the health of this industry crucial for their livelihoods. The discussions underscored a collective concern about the future of housing in the area, as the availability of lumber directly influences construction costs and housing supply.

In addition to the timber industry discussions, members reflected on their personal experiences with local lumber yards and the changes in purchasing habits over the years, illustrating a shift in the market dynamics. The meeting served as a platform for community members to voice their concerns and seek clarity on the implications of these industry changes.

As the CAC continues to monitor these developments, the community remains hopeful for solutions that will support both the timber industry and the housing market, ensuring that Benton County can thrive economically while meeting the needs of its residents.