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IKEA Group Acquires 25,000 Acre Forest In Alabama

IKEA Group acquired its first U.S. forest property, covering approximately 25,000 acres in Lowndes County, Alabama. The investment in forestry is part of a broader strategy to invest in the sustainable production of resources that IKEA Group consumes directly, such as...

Arkansas Saw Timber Surplus May Keep Prices “Static”

Hardwood pulpwood prices should remain strong, pine pulpwood may be brighter in the coming decades, but pine saw timber will likely remain static for the foreseeable future, according to predictions for Arkansas’ $6.3 billion forest industry. Matt Pelkki, economist...