By: Matt Hickey | 09/11/2016 05:02:16It’s no secret that many of our nation’s timber mills are in need of a makeover.
In fact, some mills have been in trouble for years.
They’re aging, they’re suffering from bad loans and debt, and they’re understaffed.
Now, they could be in the midst of an epic transformation.
The National Timber Industry Association (NTIA) is hoping that its “National Timber Transformation Plan” will be a game changer for America’s lumber industry.NTIA is one of a number of groups that has been calling for a massive restructuring of the nation’s lumber mills, but it hasn’t been able to convince Congress to enact such a sweeping reform.
That’s because the lumber industry has historically relied on a handful of industries to fund its operations, and those industries are all currently controlled by the big four lumber corporations.
The lumber industry also relies heavily on federal and state funds, which make up only a small portion of the industry’s total revenues.
So, in the end, the lumber companies are the ones who own the mills.
That is, in a sense, why the lumber mill industry has been struggling for years to meet its goals.
The NTIA is calling for the elimination of the timber industry’s $50 billion in federal, state and private loans.
That means mills would be able to borrow up to $50,000 each year from the U.S. Treasury to fund operations, as well as provide debt financing.
The NTIA has also proposed eliminating the annual dividend and the annual interest payments for mill owners.
The government would be paid off with the proceeds of those savings.
It’s a pretty big deal, and NTIA believes that it would be a win-win for the lumber mills and the American public.
The mills would have to be financially stable for the next five years, and their debt would be cleared, allowing them to get on with the job.
That’s a big win for everyone, and the public would have a much-needed source of economic stimulus.NTIFA’s “National Transformation Plan,” published in late October, includes some pretty ambitious ideas.
It includes the elimination, for example, of the annual dividends and interest payments of mill owners and eliminating the yearly dividend and interest payment for the mill owners themselves.
And the plan includes the creation of a “national savings account” that would provide mill owners with the cash they need to pay down their debt and make the next investment in their operations.
What does the “National Recovery Plan” actually mean?NTIFAs plan would include a number a specific items.
It would:Increase the annual investment for mill ownership and would reduce the annual amount of debt owed by mill owners by a total of $50B.
This would be done through a combination of direct tax credits and tax deductions, which would give mill owners greater tax relief.
The plan would also eliminate the annual payment of the mill dividend and would cut interest payments by the amount of the dividend.
This is pretty much the whole idea behind the National Recovery Plan.
The mill owners would be given a large tax deduction, which could help the mill pay off debt faster and more efficiently.
So the mill would be allowed to make a bigger profit and avoid having to make annual payments to the Treasury.
The plan also would:Establish a national savings account that would allow mill owners to receive a “loan-back” in the form of a cash loan for mill operations.
This loan would be repaid in the future by the mill owner if the mill’s debts were not paid.
The loan would only be paid if the amount owed by the debtor to the mill exceeds the amount paid back in interest to the treasury.
The bank would also have to cover the loan amount in advance.
The bank would have the option to keep the loan if the debt does not exceed the amount that the mill owed in interest and to keep a percentage of it.NTI also has proposed a plan that would include the creation and use of a National Recovery Fund, which the NTIA calls the “largest single source of financing” for the industry.
This fund would be used to fund the development and maintenance of new mill facilities, new equipment, and new training and other support programs.
In addition, the NTI proposes that the fund be used for new investment in mills, including:The NTI has also recommended a number inefficiencies that would be eliminated by the NTIs plan.
The group proposes eliminating:The plan would eliminate:There are several ways that the NTIFA could achieve these reforms, but the plan is the biggest one.
It has the backing of all the big lumber companies, as it includes a provision to allow mills to use up to a $50bn investment every year.
And it includes an option for mills to borrow to invest in new operations.
All of these elements make it an incredibly powerful and popular reform that the lumber communities will welcome.
It’s not only the NT