November 24, 2020

Update: MaxYield’s Garner Lumber & Supply

An update from MaxYield Cooperative’s CEO, Keith Heim:

On Wednesday, September 26th, MaxYield Lumber & Supply’s south warehouse was lost due to fire. A fire in a neighboring garage appears to be the cause of the blaze. The contents of the lumber yard’s warehouse were a total loss, but thankfully there were no injuries resulting from the fire.

Since September 27th, the State Fire Marshall’s report has been completed and the insurance settlement with our insurance carrier will be finalized very soon.

In late October, the MaxYield Cooperative Board of Directors and I discussed the Garner lumber operation and the options to consider moving forward. The Board has asked me to work with the City of Garner to explore transitioning the ownership of the lumber business from MaxYield to another investor or group of investors.

There have already been meetings with Garner City officials to discuss this lumber business objective. Both MaxYield and the City of Garner will attempt to complete this lumber business transition by the start of the 2013 construction season- approximately April 1, 2013.

We will keep our team members, membership, and clients apprised of the outcome of our lumber business objective.

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