During the collapse of the building industry in 2008 and 2009, while other lumber businesses were scaling back and even shutting down, Steve Marks, of Marks Lumber in Clancy, Montana, boldly invested in new equipment. The outcome of this risky business move was the company’s strongest sales figures of the past decade, a 93% net revenue growth in 2010.
As a result of the new equipment purchased, Marks’ capitalized on the devastating Mountain Pine Beetle infestation that took over the forests of Montana and the west. Marks won a contract from the Montana Forest Service for forest fuel treatment of 900 acres and a 10 year 30,000 acre contract from the Bureau of Land Management.
As a third generation timberman, Marks started falling timber on neighboring ranches at age 16. Shortly after graduating high school, Marks started his first business buying stumpage and harvesting timber to sell to mills in western Montana.
Then came the crash... Read More