Nov 8, 2013 | News, News/PR
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...
Nov 6, 2013 | News, News/PR
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...
Nov 4, 2013 | News, News/PR
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...
Nov 1, 2013 | News, News/PR
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...
Oct 30, 2013 | News, News/PR
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...
Oct 28, 2013 | News, News/PR
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...
