Monticello
![Matthew Pelkki, the UA-Monticello professor and expert on forestry economics, says the pulpwood prices are so depressed it’s “almost impossible to sell in southeast Arkansas.” And he doesn’t expect pricing to improve any time soon. [photo provided]](https://dqndh7utxx63f.cloudfront.net/wp-content/uploads/2025/08/Pelkki_in_forest_opt-1-300x194.jpg)
Arkansas Timber Prices Plunge Amid Oversupply & Mill Closures
A “wall of wood” and shrinking markets are keeping Arkansas timber prices at historic lows, forcing landowners to rethink forest management. read more >
by Kyle Massey -
Citizens Bank Names Jenny Guthrie as President for Monticello Market (Movers & Shakers)
In her new role, Guthrie will lead the Citizens Bank team in Monticello and supervise lending in southeast Arkansas. read more >
Siemens Lawsuit Against Monticello Tossed
The city of Monticello recently received an early victory in its legal fight with the Illinois contractor hired for a $10 million water project. read more >
Zilkha Biomass Announces $90M Facility, 52 Jobs in Monticello
Zilkha Biomass Energy plans to build a $90 million facility in Monticello that will create 52 jobs. Zilkha says it will make its Zilkha Black Pellet, the first commercially available pellet in the industry, at the Monticello factory. read more >
by Lee Hogan -
Arkansas Small Business & Technology Development Center Hosting Seminars Throughout Summer
The Arkansas Small Business and Technology Development Center is hosting various seminars, in topics ranging from human resources to social media, throughout Arkansas this summer for small business owners and employees. read more >
by Lee Hogan -
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