Hourglass running out on Globe

Crews from the History Channel show “Ax Men” film workers at the Old Globe elevator in Superior on July 11, 2012. (2012 file, Jed Carlson / Superior Telegram)

Time is running out on the Globe Elevator in Superior and the Old Globe Reclaimed Wood Co.’s campaign to save the grain elevator from destruction.

To avoid foreclosure, the company needed about $48,000 more as of 3 p.m. Monday. So far a little more than $8,000 of the $56,000 goal has been raised.

Judy Peres and her partner reclaim wood — more than 6 million board feet of old-growth Eastern White Pine — from the 19th-century grain elevator and repurpose it for use rather than allow it to go to waste in a landfill or add to the logjam of greenhouse gases finding their way into the atmosphere.

The campaign runs out of time at 2 a.m. Wednesday.