Exclusive: USDA distributing loans to Oregon, Nevada sawmills to expand timber production

Exclusive: USDA distributing loans to Oregon, Nevada sawmills to expand timber production

Spread the love

Sawmills in Oregon and Nevada will be receiving $80 million in federally guaranteed loans to increase American timber production, the Department of Agriculture shared exclusively with The Center Square Thursday.

The loans are part of a Trump administration initiative to increase domestic timber production by 25%, reduce wildfire risk, and reduce American dependence on other nations for lumber products.

Tahoe Forest Products of Carson City, Nev., in partnership with MapleMark Bank, is set to receive $50 million to expand its processing capabilities, shifting from purely rough lumber production to finished lumber that can be sold to retailers and large-scale construction markets.

Clatskanie Scion, in partnership with First Interstate Bank, has been awarded $30 million to “to expand operations for Myers Woodline to manufacture industrial lumber products” and “bolster the region’s timber industry.”

“This investment in the Timber Production Expansion Partnership program demonstrates an important step towards strengthening America’s wood products infrastructure, and rural economies,” said Forest Service Chief Tom Schultz in a statement. “This supports Forest Service’s ability to actively manage the land, reduce the risk of wildfire, and ensure wood products from our national forests support rural communities.”

In March 2025, President Donald Trump signed an executive order aimed at the “immediate” expansion of American timber production, part of a bevy of orders intended to reduce dependence on foreign industries and products and increase American domestic manufacturing.

The order said that the U.S. could meet its own timber production needs, but federal policies had gotten in the way.

“The United States has an abundance of timber resources that are more than adequate to meet our domestic timber production needs, but heavy-handed federal policies have prevented full utilization of these resources and made us reliant on foreign producers,” the order reads. “It is vital that we reverse these policies and increase domestic timber production to protect our national and economic security.”

Expanding the American timber industry could contribute to lower construction and energy costs, according to the administration. The USDA has invested $165.2 million in the states of California, Idaho, Kansas, Louisiana, Maine, Nevada, Oklahoma, Oregon, Virginia and Wisconsin through TPEP.

⚠️ Flash Flood Warning issued July 27 at 1:05PM CDT until July 27 at 5:00PM CDT by NWS Chicago IL
⚠️ Extreme Heat Warning issued July 27 at 9:33AM CDT until July 27 at 9:00PM CDT by NWS Chicago IL
Today Jul 26
Chance Showers And Thunderstorms
91° 69°

Chance Showers And Thunderstorms

💨 10 to 15 mph 💧 52%

Leave a Comment





Latest News Stories

REPORT: 2M Illinoisans face $500 cut as Social Security faces cliff

REPORT: 2M Illinoisans face $500 cut as Social Security faces cliff

By Sean ReedThe Center Square New data and reports from the Committee for a Responsible Federal Budget have shown that if no legislative action is taken soon, Social Security could...

Illinois Quick Hits: Cook County announces $20M in CVI spending

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Cook County Board President Toni Preckwinkle has announced $20 million of taxpayer funding for community violence intervention....
Rising prices growing concern in Illinois, U.S.

Rising prices growing concern in Illinois, U.S.

By Jim TalamontiThe Center Square As voters express growing concern over inflation, Illinois Gov. J.B. Pritzker says federal policies are to blame. The U.S. Bureau of Labor Statistics’ May 2026...
Released version of US-Iran agreement allows more time for nuclear negotiations

Released version of US-Iran agreement allows more time for nuclear negotiations

By Morgan SweeneyThe Center Square An unnamed senior administration official read the existing memorandum of understanding between the U.S. and Iran to a group of reporters on Wednesday, a number...
Warsh shakes up Fed analysis, maintains interest rates

Warsh shakes up Fed analysis, maintains interest rates

By Andrew RiceThe Center Square The central bank would implement new task forces to aid in deciding monetary policy, Kevin Warsh, the new chairman of the Federal Reserve, said Wednesday....
Educators seek balance between AI innovation, traditional learning

Educators seek balance between AI innovation, traditional learning

By Christine JohnsonThe Center Square The future of K-12 education as it relates to Artificial Intelligence (AI), and what can be done to preserve education at both the state and...
California governor faces fine for failure to report donations

California governor faces fine for failure to report donations

By Robert MattesonThe Center Square The California Fair Political Practices Commission plans to fine Gov. Gavin Newsom $31,500 for his failure to timely file 36 behested payment reports worth more...
Peoria school safety director faces criticism over social media post

Peoria school safety director faces criticism over social media post

By Catrina BarkerThe Center Square A social media post by Peoria Public Schools' Director of School Safety is drawing criticism from an education advocate who argues Illinois officials should apply...
Senate candidates discuss healthcare, immigration

Senate candidates discuss healthcare, immigration

By Andrew RiceThe Center Square Voters in Colorado will head to the polls on June 30 to elect partisan candidates in a U.S. Senate race. Issues for the primary election...
Consumer group criticizes MLB after it scolded pitchers for writing Bible verses on hats

Consumer group criticizes MLB after it scolded pitchers for writing Bible verses on hats

By Tate MillerThe Center Square In light of Major League Baseball’s (MLB) reprimand of players who wrote Bible verses on their pride night hats, consumer protection organization Consumers’ Research launched...
Trump rounds out G7 with victory lap speech about tentative Iran deal

Trump rounds out G7 with victory lap speech about tentative Iran deal

By Morgan SweeneyThe Center Square This year’s G7 summit was “one of the most successful” ever according to President Donald Trump in a speech he gave Wednesday as it wrapped...
Clayton confirmation as new DNI delayed after Trump social media post

Clayton confirmation as new DNI delayed after Trump social media post

By Thérèse BoudreauxThe Center Square Only days after urging the U.S. Senate to confirm Jay Clayton as Director of National Intelligence, President Donald Trump ordered senators to halt the process...
Federal $1.68B loan aims to lower Michigan energy costs, improve infrastructure

Federal $1.68B loan aims to lower Michigan energy costs, improve infrastructure

By Elyse ApelThe Center Square The Trump administration has approved a $1.68 billion loan for DTE, saying the funding will help modernize the utility's natural gas infrastructure and lower energy...
Illinois Quick Hits: Rockford to fill budget gap with reserve funds

Illinois Quick Hits: Rockford to fill budget gap with reserve funds

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Rockford officials are planning to spend reserve funds to close a $9.4 million revenue shortfall. The Rockford...
Gas and fuel costs concern over 75% of voters, poll finds

Gas and fuel costs concern over 75% of voters, poll finds

By Alton WallaceThe Center Square More than three-quarters of American voters say high gas and fuel prices have dealt a direct blow to their household finances, according to a new...