Speaking on Business: Jensen Lumber
Jensen Lumber manufactures rough and finished lumber products used for many uses that are shipped all over the world.
This is Chris Redgrave for Zions Bank Speaking on Business.
The timber industry has played an important role to the economic development of Idaho. With companies closing mill due to the downturn, smaller companies processing timber have grown more important, which is the case for fifth-generation Jensen Lumber. This is the only sawmill in Bear Lake County where there were once 12.
Jensen Lumber manufactures rough and finished lumber products used for mining, railroad, commercial and industrial uses that are shipped all over the world, from their plant in Ovid, Idaho, just outside Montpelier. Business is strong and owner Brad Jensen says they’re doing great, with orders for their product that are months out. As for available lumber, Brad says the Caribou/Targhee National Forest alone has 500,000 acres of trees.
The company is now owned equally by brothers Brad, John and Kelly, who learned the business growing up from their father and grandfather. Brad worked alongside his grandpa 10 years after Jensen Lumber was founded in the early 70s, building it up until the rest of the family joined the operation, including Brad’s father, Bob Jensen. Bob was named as Small Businessman of the Year for the state of Idaho in the early 90s and was invited to Washington, D.C. to receive his award.
In addition to Jensen Lumber, the brothers also own a food service business, and between both operations, they employ over 100 people, increasing their economic impact.
For Zions Bank, I’m Chris Redgrave, speaking on business.
PO Box 305
Paris, ID 8321