Pine Products to get another chance

Pine Products to get another chance

The USDA has approved a $7.56 million loan guarantee to a company in Mississippi to restart the idle Pine Products sawmill in Horsepasture. The plant has been closed since late 2024, when Teal-Jones, a Canadian-based company that acquired the local operation, filed for bankruptcy. Local officials said it was frustrating because the local plant remained profitable even though the parent company was not. Twain Capital will now have a try at it. Pine Products employed over 60 workers.