Former Coos Bay Saw Mill
Coos Bay, Oregon
Built in 1994, the Coos Bay lumber mill operated for 25 years and produced 1,000,000 board feet of dimensional lumber per day. CDC has announced their affiliate company’s acquisition of the 162-acre retired mill in early 2021. The transaction included the acquisition of real estate, machinery & equipment, and assumption of environmental liabilities.
Environmental Liability Transfer, Inc. (ELT) facilitated the transfer of environmental liabilities.
CDC will now perform demolition, liquidate surplus equipment, remediate environmental issues, and prepare the site for redevelopment.
The property includes two private rail spurs connecting to Union Pacific rail lines, heavy power, and easy access to US Route 101. Additionally, the property has outstanding potential for international shipping operations and development with access to Pacific Ocean shipping channels via two onsite docks – a 1,200-ft deepwater dock and a 200-ft concrete dock. The property is also located in a Foreign Trade and Enterprise Zone.
Liquidation of Machinery & Equipment