07/23/2026 | Press release | Distributed by Public on 07/23/2026 15:43
(Carson City, Nev., July 23, 2026) - U.S. Department of Agriculture Rural Development Nevada State Director Alida Ceballos today announced that Tahoe Forest Products, LLC. will receive $50 million to expand timber processing capabilities at its business in Carson City. This significant investment comes through a partnership between the USDA and MapleMark Bank and will enable the business to access guaranteed loan funds to support domestic timber production.
Ceballos said, "Thanks to the leadership of Secretary of Agriculture Brooke Rollins and President Trump, USDA is partnering with lending institutions to make this substantial investment in new and upgraded timber processing equipment for Tahoe Forest Products, LLC. This investment supports sustainable timber harvesting that improves forest health, reduces wildfire risk, and strengthens rural prosperity by creating jobs for hardworking Americans. Nevada is proud to further the Trump-Vance investments into our great state."
The investment, funded through USDA's Timber Production Expansion Guaranteed Loan Program (TPEP) , and Business & Industry Guaranteed Loan Program , will assist the business to expand processing capabilities, including kilns, utilizing timber from Nevada and California, a planer mill, and a new saw line. This expansion will allow Tahoe Forest Products, LLC to shift from raw material production to finished lumber suitable for sale to retail distributors and large-scale construction markets. In addition, the business will increase its capacity for lumber production from purely rough lumber to premium lumber by 60,000 MBF, or thousand board feet. This investment directly aligns with President Trump's Executive Order on the Immediate Expansion of American Timber Production .
TPEP is made possible by a partnership between the USDA Rural Development and the U.S. Forest Service and ensures sawmills and other wood processing facilities have the necessary funding to establish, reopen, expand, or improve their operations. The program also helps address the wildfire crisis by investing in local sawmills that clear out dangerous fuel in our forestlands, helping to remove the most immediate threats to communities, critical infrastructure, and natural resources. Since its inception, USDA has invested $165.2 million through TPEP in the states of California, Idaho, Kansas, Louisiana, Maine, Nevada, Oklahoma, Oregon, Virginia, and Wisconsin.
For more information on USDA Rural Development investments in rural America, visit the Rural Data Gateway . The Rural Data Gateway is an online tool that strengthens USDA Rural Development partnerships with rural people, entrepreneurs, government officials and Congress by making agency investment data accessible to the public.
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