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As part of its evaluation process, Potlatch has retained Russell Reynolds Associates to assist in an external search for a c.e.o. for the proposed pulp-based manufacturing company.
Inland Empire Reload Grows
Wholesaler/transloader Stone Castle Trading, which already operates 450,000 sq. ft. of warehousing space and 15 rail spots at its complex in Mira Loma, Ca., will add another 50,000-sq. ft. warehouse and rail spur June 1.
The new facility will be managed by Andrew and Susan Gromley, who recently closed Tri-Rail Distribution Services, Riverside, Ca., after 16 years.
In addition, in the near future Stone Castle Trading owners Erica and Dennis Parker plan to relaunch Fremont Forest Group, which has been inactive since subleasing its facility at the Port of Long Beach in 2005.
They expect a deal to be finalized within the next month that will allow Fremont to diversify into biodiesel, trucking. and other services.
Pope & Talbot Sale Drags
The sale of the three Pope & Talbot mills purchased for $69 million by International Forest Products was postponed until at least April 30. Bankruptcy courts in both Canada and New York must approve the sale.
"We're still waiting," said Jim Neiman, c.e.o. of Neiman Enterprises, Hulett, Wy., which agreed to pay Intefor $14 million for the mill located in Spearfish, S.D. The other two sawmills are located in Castlegar and Grand Forks, B.C.
Neiman said that during a twoweek period, the closing had been bumped back three times. "We're confident that it is still going through," he said. "As soon as we close the deal, we'll start up one to two days after. It's very important to us."
He added that "waiting on the Canadian government for approval that affects the lives of employees in the United States is extremely frustrating."
According to Jim Rarick, general manager of the Spearfish sawmill, "it's been a long haul. The employees have been real good-all trying to get through this transition as best as humanly possible-but every delay now affects the people."
