Vermont Officials Seek Solutions for Forest Industry After New York Mill Closure Impacts Pulpwood Market
Vermont officials are actively seeking solutions for the state's forest industry following the announcement that Finch Paper, a major wood plant in Glens Falls, New York, will no longer accept woodpulp from Vermont. This closure has created a significant void in the market for local loggers, leaving approximately 2,000 weekly tons of low-grade pulpwood without a destination. The lack of a market for this material is causing severe financial distress for loggers, with many forced to sell equipment or lay off workers. The forest industry is foundational to Vermont's Northeast Kingdom economy, supporting timber harvesting and recreational trails. The situation threatens the viability of the state's Current Use program, which offers tax breaks to landowners who manage their land for timber or agricultural purposes, as foresters may find it unsustainable to continue operations.