Industries are still reeling from the news that Wagga's Big River factory will close, with some worried that it could send shockwaves down the supply chain and lead to further job losses.
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Kurrajong Timber manager Jim Seymour said the bushfires would have long-lasting ramifications not just for Big River, but for the entire industry.
"It affects our business because we supply product from these areas," Mr Seymour said.
"Timber is very hard to get hold of at the moment."
Big River sourced timber from areas such as Tumbarumba and Batlow, which had 40 per cent of its supply wiped out in a matter of months.
A $10 million bushfire recovery grant was handed out to Big River, which used the money to "consolidate" with its Grafton site and shut down the Wagga branch.
Tumbarumba's Hyne timber mill received a $3 million bushfire recovery grant this week, however their strategic relations manager Katie Fowden insisted that "every cent" would stay in the Tumbarumba mill.
Ms Fowden said the grant money was only enough to save 149 out of the 210 jobs at the mill, but said that the mill itself was here to stay.
"In accepting that $3 million for optimisation projects, which will be a program of work over the next three years, that is certainly a commitment of our dedication to that mill, its employees, and to the community," she said.
"It will save a significant number of jobs and people's livelihoods, but unfortunately it won't help keep the mill to the levels it's at now because we've still lost 40 per cent of our stock in the bushfires."
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Snowy Valley mayor James Hayes said they had been bracing themselves for the flow-on effects of the bushfires and the inevitable job losses that would follow.
"We were always cognisant of the fact there was the potential to lose jobs and lose industry. I know the nurseries are growing trees flat-out and there will be a push to plant a lot more next year," Cr Hayes said.
"However, the fact remains there is a lack of trees and in the future we are going to have a lack of supply at times."
Cr Hayes said there was at least some consolation knowing that Heyne, AKD Softwoods in Tumut, and Visy had all won bushfire recovery grants this week to remain open in the region.
The Building Supply Company owner Tony Balding said the closure of Big River was a tragic blow for builders, but said the industry was already showing strong signs of recovery.
"There's certainly a lot of houses being sold and there's lots of blocks of land being sold, which means there will be future building works for a long time," Mr Balding said.