Industry News
Canfor Closes Deal To Acquire Alabama Lumber Firm For $80 Million
Canfor Corp. has closed a deal to buy Alabama-based Scotch & Gulf Lumber for $80 million plus working capital. The acquisition will take place over a three-year period, with Canfor acquiring a 25 percent interest…
University Of Florida: Changes In Forest Management Could Produce Large Water Yields
Despite a soggy summer, water supply remains a critical issue in the Sunshine State. University of Florida researchers now say that reducing plant material, or biomass, in forests could significantly increase water supplied to streams,…
New Haul Policy Threatens Mississippi County’s Timber Industry
Madison County’s timber industry is being threatened by a new hauling policy requiring a $50,000 bond, some representing the industry told the Board of Supervisors on Monday. Timber is a $55.6 million industry annually in…
Dredging Rivers For Long-Forgotten South Carolina Timber
On the Ashley River, a few miles south of Charleston, S.C., the water is murky and the marsh grass high. A three-man logging crew is cruising on a 24-foot pontoon boat. It’s low tide and…
N.C.’s Appalachian State Receives Grant To Develop Economical Biomass Conversion
Appalachian State University Department of Technology and Environmental Design professors David Domermuth and Ok-Youn Yu have received a $45,000 grant from the N.C. Agricultural Foundation for a project to economically convert biomass to biofuel and…
Alabama Timber Industry Suffering From Recent Moisture
The summer’s moisture has put a damper on the $21 billion Alabama timber industry. Summer is usually a busy time for the timber industry. “Normally we’ve been in drought conditions, it hasn’t been a lot…
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