Search Results for: southeastern timber

Roseburg Resources Co. has acquired approximately 158,000 acres of investment-grade timberland in the southeastern United States from Forest Investment Associates (FIA), a timberland investment management organization. The timberland is located around Roanoke Rapids, largely within the coastal region of North Carolina and southeastern Virginia, and has a strong history of professional management. “The property is[…]

CatchMark Timber Trust, Inc. (NYSE: CTT) announced this month an agreement to acquire 14,923 acres of prime timberlands near the southeast coast of Georgia for $43.3 million, excluding closing costs. The to-be-acquired timberlands in Long and McIntosh counties, the Coastal Georgia Acquisition, will expand CatchMark’s positioning in one of the most competitive wood baskets of[…]

On Tuesday, March 7, leaders in the U.S. House of Representatives and Senate reintroduced the Timber Innovation Act, a bill to increase research and development of innovative forest products, which will ultimately help create or sustain markets for forest products for family woodland owners reports Matt Hestad The bill, which was originally introduced in 2016[…]

Southeastern Timber Products announced this week it is investing $123.4 million to expand its operations in Ackerman, which could create as many as 40 jobs. Southeastern Timber Products is a family-owned-and-operated manufacturer of southern yellow pine lumber, timber and decking products. The company is expanding its Ackerman sawmill to increase production capacity from 120 million[…]