https://www.al.com/ Published: Nov. 08, 2022, By Margaret Kates, mkates@al.com, In March 2023, when the Alabama State Legislature begins a new session, there will be a set of new and returning legislators may have to consider a bill to increase the weight limit for timber trucks, which county and state highway officials strongly oppose. “While we […]

Business Wire, November 02, 2022, WILDLIGHT, Fla.–(BUSINESS WIRE)–Rayonier Inc. (NYSE:RYN) announced today that the company has entered into two separate agreements to acquire approximately 172,400 acres of high-quality commercial timberlands located in Texas, Georgia, Alabama, and Louisiana (the “Acquisitions”) for an aggregate purchase price of approximately $474 million from Manulife Investment Management, a leading timberland […]

Texas A&M Forest Service, October 20, 2022, The forests of East Texas are thriving, thanks to modern forestry practices and a strong forest-products economy. “Over the last 20 to 30 years, there’s been a lot of focus on growing higher-quality trees,” said Dr. Aaron Stottlemyer, Texas A&M Forest Service Forest Analytics Department Head. “Every year, […]

https://timberlinemag.com/ By TL Staff -October 1, 2022 Two forest products companies announced plans for separate projects totaling more than $92 million in Dothan, Alabama. SmartLam North America, a manufacturer of cross-laminated timber (CLT) products, will invest $62 million to build a state-of-the-art, 140,000-square-foot glulam manufacturing facility in Dothan. The company will use the new facility […]

https://yellowhammernews.com/ By Alabama Realtors, September 22, 2022, Current events have drawn attention to foreign investors in U.S. real estate. An increasing number of international buyers are investing in homes and agricultural property across America. In a recent report, the National Association of Realtors says annual foreign investment in U.S. existing home sales increased by 8.5 […]

Business Wire, September 19, 2022, ATLANTA–(BUSINESS WIRE)–Caddo Sustainable Timberlands, LP (“CST”), the largest private timberland owner in Texas, has announced it has entered into its first agreement for the evaluation and potential development of a carbon capture and storage (“CCS”) project on approximately 27,000 acres of CST’s holdings in Texas. The project aims to permanently […]

Business Wire, September 14, 2022 SPOKANE, Wash. & ATLANTA–(BUSINESS WIRE)–PotlatchDeltic Corporation (Nasdaq: PCH) (“PotlatchDeltic”) announced today the successful completion of the previously announced merger of CatchMark Timber Trust, Inc. (“CatchMark”) with PotlatchDeltic in an all-stock transaction, creating a leading integrated timber REIT. All closing conditions have been met. The combination brings together two high quality […]

https://www.natchitochestimes.com/ August 31, 2022, HODGE, La. – Gov. John Bel Edwards announced the start of construction Wednesday on a $97 million project to expand and modernize the WestRock Company paper mill, a major employer and driver of economic activity in Jackson Parish since it began operations in 1928. The investment in construction of a new […]

Reuters.com August 25, 2022, By Alexandra Kleeman, Developed in Germany and Austria roughly 30 years ago, cross-laminated timber (CLT) has been used in construction across Europe for the past two decades. CLT is a type of engineered wood that rivals the load-bearing capacity of concrete and steel. Made by gluing together layers of lumber in […]

MadeInAlabama.com August 15, 2022 Words by Jerry Underwood MOBILE, Alabama — Canfor Southern Pine Inc. plans to invest $210 million to develop a new state-of-the-art sawmill complex for manufacturing and processing wood products in the Axis community near Mobile. “We are excited to be making this investment in a new state-of-the-art sawmill complex that will […]

ArkansasBusiness.com by Jan Cottingham Monday, Aug. 15, 2022, What’s behind this surge in announced sawmill updates and expansions? Historically high lumber prices. “It’s the crazy market that we’ve had for the last two or three years now, the roller-coaster prices that have generated unprecedented profits in the sawmill business,” said Steve Anthony, president of Anthony […]

Business Wire August 4, 2022 ATLANTA–(BUSINESS WIRE)–Domain Capital Group, LLC, a comprehensive private investment management services firm, and its subsidiary, Domain Timber Advisors, LLC, today announced the acquis,ition of nearly 3,400 acres of timberland in middle Georgia and south Alabama, further enhancing the company’s substantial Southeast timber portfolio. “These acquisitions offer immense potential through diverse […]