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Other Industry News > Timber and Environment
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Timbervest purchases 13,000 acres in SE, NE
Timbervest LLC, an Atlanta-based company that manages timber-related assets and investments, has acquired 13,220 acres of timberland for an investment fund. The purchase includes 2,550 acres in Georgia 30 miles northwest of Savannah; 9,400 acres in northwest Tennessee; and 1,270 acres in east-central Vermont, according to a press release.
Wildfire burns 100 homes in Weed, Calif.
A Monday afternoon wildfire burned more than 100 structures in Weed, Calif., leading to the evacuation of more than 1,500 residents and a three-hour closure of Interstate 5. Included in the damaged structures were Roseburg Forest Products mill buildings and one church, according to the Medford Mail Tribune. For more, click here...
Wildfires scorch six times the usual acreage in Washington state
As of the end of August, wildfires had burned a total of about 363,000 acres in Washington state, according to state forester Aaron Everett. In the past five years, the annual average of acres burned was about 61,000, according to the Tacoma News Tribune. For more, click here...
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