Industry News
N.C. State Sells 79,000-Acre Hofmann Forest For $150 Million
The Hofmann Forest, a 79,000-acre wooded property near Jacksonville, N.C., that's owned by the Board of Trustees for the Endowment Fund of N.C. State University, has been sold to Jerry Walker, an agri-businessman from Illinois, for $150 million. Proceeds from the sale...
$1.1 Billion Deal Would Double Plum Creek Timberland In South Carolina
A major S.C. landowner, Plum Creek Timber Co., plans to nearly double its Palmetto State acreage by buying 175,400 acres from MeadWestvaco. That property is expected to remain as timberland, according to a Plum Creek news release. But as part of the deal, Plum Creek...
Texas A&M Forest Service Offers Grant Funds For Prescribed Burning
In an effort to reduce wildfire hazards on private lands, Texas A&M Forest Service is administering grant funding for prescribed burning on private property within 10 miles of a National Forest boundary through the U.S. Forest Service’s Community Protection...
Loggers Forced To Look For Work In Other Places With Alabama Mill Closing
Alabama logger Bobby Collins spoke with uncertainty as he described the options he will be forced to pursue when an Alabama mill closes. In addition to the 1,096 International Paper employees who will be displaced when the Courtland mill closes by late March, the...
Loggers: The “Invisible” Workforce
By Jim Peterson It is 5 a.m. in any given time zone across these United States. While many are hitting the snooze alarm, or enjoying their first cup of coffee, a dedicated group of professionals is already on the job. They are America’s loggers—harvesters of the...
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...
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