Helene Hammered Private Timberlands
Based on preliminary damage assessments conducted by the Georgia Dept. of Agriculture, the Georgia Forestry Commission, and the University of Georgia, Hurricane Helene left behind an estimated $6.46 billion in damage to Georgia’s agriculture and forestry industries, more than three times the damage from Hurricane Michael in 2018.
The 60-100 mile per hour winds that raged from Valdosta to Augusta took a heavy toll mostly on privately owned timberlands. The latest timber loss estimates from the Georgia Forestry Commission and the UGA Warnell School of Forestry state 8.8 million acres of timber were ravaged. The impact on one of Georgia’s top five commodities, timber, is expected to be $1.28 billion.
Latest News
Southern Research Station: U.S. Forest Products In The Global Economy
Although the United States leads the world in both production and consumption of forest products, the U.S. share of the global forest products market has declined precipitously since the 1990s. The declines are a result of decreases in U.S. construction and paper...
Arkansas Governor Signs Letter Of Intent For $1.3 Billion Chinese Pulp Mill
Arkansas Governor Asa Hutchinson has signed a “letter of intent on investment cooperation” with Chinese-based Shandong Sun Paper Industry Joint Stock Co. to pursue a $1.3 billion pulp mill to be located in south Arkansas. In attendance at the signing ceremony were...
Have A Question?
Send Us A Message