US to shut down $300m Lumber Liquidators’ floor jack factory

Reuters – US President Donald Trump on Thursday said he plans to shut the company’s $300 million floor jack production facility, which he has repeatedly threatened to shut in response to a $7 billion price tag for a project to expand liquefied natural gas operations in the United States.

Trump said he will announce his decision on the closure of the Lumber Solutions Center on Thursday.

Lumber Solutions, based in Grand Rapids, Michigan, has been the target of a number of lawsuits filed by environmental groups, state officials and lawmakers.

The company, which is the second largest in the U.S. in terms of volume of output, was the subject of a $13.7 billion lawsuit by environmentalists in May 2016, after it agreed to take steps to reduce greenhouse gas emissions.

The company has not publicly responded to Trump’s announcement.

The announcement is the latest blow to a major industry facing the wrath of Trump, who vowed to eliminate the $1.2 trillion industry with his energy plan.

The new announcement follows a letter to Trump signed by the state of Michigan Attorney General Bill Schuette, the Michigan Department of Environmental Quality, the state Department of Natural Resources and the state Farm Bureau.

The letter said the closure is a necessary and appropriate step to ensure the safety of Lumber Systems employees, the public, and our neighbors and customers.

The closure will protect our water supply and protect Michigan’s economy, the letter said.

The letter said that while Lumber’s employees are critical to the state’s economy and to the environment, their safety will be a top priority.