Industry News
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,…
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…
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…
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,…
$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…
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.…
Have A Question?
Send Us A Message