Silver Mountain sold for $5 million
By Cameron Rasmusson
Reader Staff
Silver Mountain in Kellogg is under new ownership, although it’s not yet clear who that is.
The Spokesman-Review reports that the ski resort, owned for 20 years by Jeld-Wen Holdings, has been sold for $5 million to an undisclosed buyer, according to a federal Securities and Exchange Commission filing.
The resort, well-received by winter sports fans, features two mountains, 73 trails, 1,600 acres of terrain, 2,200 vertical feet and more than 300 inches of snow annually. Beyond the skiing, the resort also boasts an indoor water park, a nine-hole golf course and a three-mile gondola.
According to the Spokesman-Review, Jeld-Wen Holdings has sought a Silver Mountain buyer since the sale of several Oregon resorts in 2010. A deal appeared to be on the table in 2013, but it later fell through.
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