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Wednesday, Nov. 11, 2009

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Fla. lumber corporation buys Columbus Lumber Co.

The Associated Press
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BROOKHAVEN, Miss. -- Officials say an out-of-state lumber corporation has purchased Columbus Lumber Co.

Former company co-owner Doug Boykin said the Brookhaven sawmill was purchased from Bank of America by Rex Lumber LLC, a multi-company lumber corporation headquartered in Graceville, Fla. Boykin told The Daily Leader the sale amount was not disclosed, and the future usage of the sawmill remains unclear.

Brookhaven-Lincoln County Chamber of Commerce Executive Vice President Cliff Brumfield said the fact Rex Lumber LLC is a large and experienced lumber corporation should bring strength to the former Columbus Lumber Co.

Columbus Lumber had operated in Brookhaven since 1943. The sawmill closed in 2008 when the collapse of the national housing market caused lumber prices to plummet to near historic lows.

Information from: The Daily Leader, http://www.dailyleader.com
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