by MBJ Staff Published: September 30,2011
Tags: forestry, forests, investing, investments, land, mergers and acquisitions, real estate, timber, timberland, trees
JACKSON — The Molpus Woodlands Group, LLC, on behalf of an unnamed client, has successfully purchased approximately 26,500 acres of timberland located in Georgia and Virginia. The timberland, located in Liberty and Long Counties in Georgia, and Greensville, Sussex and Southhampton Counties in Virginia, consists mainly of southern pine timberland. Molpus currently manages approximately 22,000 [...] [...]
Forisk Consulting of Athens, Ga., forecasts sawtimber prices for the U.S. South weakening 2.7 percent in 2012 and then strengthening 2.9 percent into 2013. Key factors include weak expectations for housing starts and low utilization rates at sawmills. While sawtimber prices can increase temporarily from artificial shortages related to weather and logging capacity, long-term strengthening [...] [...]
LOWNDES COUNTY — Weyerhaeuser Co. is planning expansions at both of its Lowndes County production facilities over the next two years. Company spokeswoman Mary Hudson told the Commercial Dispatch that Weyerhaeuser plans to modernize equipment to reduce operating costs as well as improve product quality and environmental performance, reducing water consumption by 15 percent. Weyerhaeuser [...] [...]
Since the mid-1990s, Mississippi’s logging industry has been sawed to a fraction of what it was. Perhaps no better illustration of that comes in the latest employment figures for the industry included in a report by the Mississippi Institute for Forest Inventory. In 1996, the industry employed 125,000 people, according to the report. By 2008, [...] [...]
by For the MBJ Published: May 23,2011
Tags: agriculture, disaster, disaster recovery, flooding, floods, forest, natural disaster, severe weather, timber, trees
WEST MISSISSIPPI — The U.S. Forest Service (USFS) will be among the federal agencies ready to help address flood cleanup and recovery needs in Mississippi. That is the word Sen. Thad Cochran (R-Miss.) says he has received from the agency. Cochran addressed the historic flooding situation in Mississippi during a Senate Interior Appropriations Subcommittee hearing [...] [...]
ACROSS MISSISSIPPI — Landowners impacted by recent tornadoes may be eligible to receive financial assistance for reforestation efforts through the Emergency Forest Restoration Program (EFRP). The purpose of the EFRP is to make payments available to owners of non-industrial private forest (NIPF) land who are approved for program participation and carry out measures to restore [...] [...]
COLUMBUS — Shuqualak Lumber, along with several other 4-County Electric Power Association commercial customers, is doing its part to curb peak demand for the Tennessee Valley Authority (TVA) and help keep electric prices affordable. Shuqualak Lumber is part of a demand response program offered through 4-County and TVA. The program offers incentives to businesses that [...] [...]
by Stephen McDill Published: March 3,2011
Tags: agriculture, catfish, Mississippi, Mississippi Farm Bureau, Mississippi Farm Bureau Federation, poultry, rice, soybeans, State Capitol, timber
JACKSON- Farmers met their legislators at the 2011 Mississippi Ag Day at the State Capitol this week. Issues including eminent domain, new EPA regulations and rising input costs were discussed. [...]
SILVER CREEK — The U.S. Department of Labor’s Occupational Safety and Health Administration has cited the Joe N. Miles & Sons Inc. sawmill in Silver Creek with 19 safety violations. Proposed penalties total $67,800.
OSHA began its inspection in Oct. 2010 as part of a national emphasis program on combustible dust in the workplace. The [...] [...]
PEARL RIVER COUNTY — The State of Mississippi has filed a civil lawsuit against timber theft suspect, Harold Edwin Simmons of Saucier, seeking $246,747 in alleged missing timber funds. “This is money which should have gone to the Pearl River County and Poplarville school districts for the education of our children, and we want it [...] [...]
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