Industry News
Alabama Wildfire Burning In Talladega National Forest
Firefighters are still battling a wildfire that has burned more than 300 acres of the Talladega National Forest in Calhoun County. So far, 319 acres of forest have burned near the Rabbittown community. Officials estimate a total of 566 acres will burn before the fire...
Judge Declines To Block Sale Of N.C. State University’s Hofmann Forest
A Wake County Superior Court Judge declined Tuesday to temporarily block N.C. State University’s sale of the massive Hofmann Forest in the southeastern part of the state near Jacksonville. The decision is a setback to opponents of the $150 million deal, who fear that...
Florida’s St. Joe Company Sells 380,000 Acres In $565 Million Agreement
The St. Joe Company announced an agreement Thursday to sell more than two-thirds of its Northwest Florida landholdings. The agreement outlines the sale of 382,834 acres of rural timberland to Utah-based company AgReserves Inc. for $565 million, leaving St. Joe with...
Group Still Suing To Block Sale Of N.C. State’s Hofmann Forest
A $150 million deal to sell N.C. State's Hofmann Forest to an Illinois farming empire is nearly complete—but an injunction hearing to block the sale is still scheduled for Tuesday, Nov. 12. The forest owners, N.C. State University's Board of Trustees of the Endowment...
Rayonier Completes $385 Million Mill Expansion In Georgia
Rayonier Inc. has finished a massive expansion to its mill in Jesup, Ga. The $385 million cellulose specialties expansion added 190,000 metric tons of additional production capacity to the mill. Rayonier’s cellulose specialties fibers are used in everyday products...
20/15 Project Advances South Carolina Forestry Industry
The South Carolina forestry industry is poised for growth over the next decade. By 2020, annual harvest volumes are expected to increase by four to eight million tons, or 20 to 40 percent over the current 20 million tons. This is just one of the positive numbers to...
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