Industry News
Over $40 Million To Be Invested For Alabama Forest Restoration
USDA’s Natural Resources Conservation Service (NRCS) and the U.S. Forest Service recently announced a federal investment of over $40 million for restoration of forests near growing communities to reduce wildfire threats, protect water supplies, improve wildlife...
Trucking Issues Dominate S.C. Timber Producers Association Meeting
Trucking issues dominated the program and conversation at the 17th annual meeting of the South Carolina Timber Producers Association (SCTPA), held February 5-7. There was also lots of talk about excessive rainfall and muddy conditions seen in the state of late, and...
Texas Timber Industry Strong Despite Struggling Oil Industry
The East Texas timber industry is remaining strong, despite the continuing woes of the oil industry. Industry experts believe the falling prices are allowing for smaller companies to save money when it comes to transportation of lumber. "Trees are heavy, wood is...
Molpus Woodlands Group Acquires Florida, Georgia Timberland
The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, announced today, on behalf of clients, the successful purchase of approximately 87,225 acres of timberland in northern Florida and southern...
South Carolina Estimates Forestry Loss At $100 Million After 2015 Flooding
The South Carolina Forestry Commission has raised its estimate of economic impact loss to the state’s forest products industry from last year’s historic flooding to $100 million. The agency derived its initial impact assessment of $65 million in October 2015 from...
Georgia Tech Report: Forestry Makes Money For State
Employees working in forestry earned more in wages and salaries in 2014 than people in any other Georgia manufacturing industry, according to a report issued by the Georgia Institute of Technology. Georgia’s forest industry ranked first in the state for compensation,...
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