Gresham House will acquire a majority stake in Molpus Woodlands Group, creating a global timberland manager with about $8 billion in assets under management.
News in timber
US National Interagency Fire Center Wildfire Update for March 27
22 large fires are actively burning across the country. Year-to-date, 1,510,973 acres have been burned.
US Forest Service Chief Outlines Plan to Streamline Agency Policy
The US Forest Service plans to streamline policies, reduce red tape, and shift guidance to non-binding handbooks under a new modernization strategy, Chief Schultz said.
USDA Awards $115.2 Million to Expand Timber Production Across Eight States
USDA is guaranteeing $115.2 million in loans to expand timber production and sawmill capacity across eight states, aiming to reduce wildfire risk and support rural economies.
US National Interagency Fire Center Wildfire Update for March 20
821 fires were reported during the week ending Friday, March 20, with 47 new large incidents and 28 large fires still uncontained.
BC Approves Tenure Transfer From Weyerhaeuser to Gorman Group
BC approved the transfer of forest tenures from Weyerhaeuser to Gorman Group, completing a $120 million investment and expanding its fiber supply.
Tla’amin Nation to Acquire Western Forest Products Tree Farm License in BC
Tla’amin Nation agreed to acquire a Tree Farm License in BC from Western Forest Products.
Oregon Reports Nearly 2 Million Seedlings Already Planted This Year
The Oregon Department of Forestry has planted nearly 2 million seedlings so far this year, with mild weather accelerating reforestation efforts.
BC Prepares for Wildfire Season as Heat, Drought Risks Build
British Columbia is preparing for the 2026 wildfire season as forecasts call for extreme heat and drought risks following a well-above-average fire year, CBC News reported.
Panel Appointed in 2021 to Map B.C.’s Old-Growth Forests for Protection Believe the Province is Failing to Save Them
A former advisory panel that identified old-growth forests for protection in British Columbia says the province is still allowing logging […]