Nov 13, 2013 | News, News/PR
A Wake County Superior Court Judge declined Tuesday to temporarily block N.C. State University’s sale of the massive Hofmann Forest in the southeastern part of the state near Jacksonville. The decision is a setback to opponents of the $150 million deal, who fear that...
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 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 7, 2013 | News, News/PR
The sale of the Hofmann Forest has been a source of discussion, conflict and protest at N.C. State since the sale was announced last spring. Recently however, people who are unhappy about the sale found a new venue in which to make their discontent known—the courtroom...
Apr 29, 2013 | News, News/PR
N.C. State University officials are negotiating with a potential buyer for the 80,000-acre Hofmann Forest, a research site near Jacksonville that university officials hope to convert to cash to help support the Department of Forestry and Environmental Resources....
