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
Molpus Woodlands Group To Acquire 73,000 Acres In Alabama
The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of a client, entered into an agreement to purchase approximately 73,000 acres of timberland located north, east, and west of...
Log Truck Driver Injured While Trimming Load
BACKGROUND: The owner-operator of a tractor-trailer log truck in the Northeast was having his truck loaded with tree-length wood. It was a fall day, clear and cool. Weather was not a factor. PERSONAL CHARACTERISTICS: The driver had over five years of experience and...
Have A Question?
Send Us A Message