A plan to invest nearly $3 million (CAD) to plant trees that will permanently expand the forest cover in Prince Edward Island (PEI) and help areas damaged by Hurricane Fiona to recover was announced on Friday.
News in timber
US National Interagency Fire Center Wildfire Update for the Week of August 25th
As of Friday, August 25th, 78 large wildfires have burned more than 603,921 acres in 14 states. Five large new wildfires were reported just on Thursday.
Domain Timber Advisors Sells 1,300 Acres in Richmond County, Virginia, for Solar Energy Project
Domain Capital Group and its subsidiary Domain Timber Advisors announced the disposition of nearly 1,300 contiguous acres of timberland to a local utility company in Virginia.
US National Interagency Fire Center Wildfire Update for the Week Ending August 18th
As of August 18th, 92 large wildfires have burned more than a half million acres in 14 states. Fourteen large new wildfires were reported on Thursday alone.
Domain Timber Advisors Completes Sale of 2,900 Acres of Timberland in Southeast Arkansas
Domain Capital Group and its subsidiary, Domain Timber Advisors, announced the disposition of approximately 2,900 acres of timberland in southeast Arkansas.
Canadian Government Announces Additional Funding for Firefighter Training as Wildfire Season Continues
Canada is stepping up its efforts to support those Canadians dealing with today’s wildfire issues, as well as preparing for the future.
US National Interagency Fire Center Wildfire Update for the Week Ending August 11th
As of Friday, August 11th, 88 large wildfires have burned 577,396 acres in a dozen states. Ten large new wildfires were reported on Thursday. More than 11,000 wildland firefighters and support personnel have been deployed.
Economic Uncertainty Continues to Negatively Impact North Carolina Timber Pricing
The Wilkes Journal Patriot published an article written by Dr. Robert Barton, Associate Dean of Extension at North Carolina State University, in which he discusses the status of the state’s timber industry.
Converting Pittsburg, New Hampshire, Working Forest to Carbon Credits Risks Town’s Tax Revenue
InDepthNH is reporting that the town of Pittsburg, New Hampshire, is at risk of losing a significant source of income if logging revenue from the Connecticut Lakes Headwaters Working Forest is diverted by the current landowner, who is proposing using the land for carbon credits instead of logging.
US National Interagency Fire Center Wildfire Update for the Week Ending August 4th
As of Friday, August 4th, 77 large wildfires have burned 449,194 acres in a dozen states. Seventeen large new wildfires were reported during the week.