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| Industry News |
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|  | Report talks about forest health, fires
A group of retired foresters say the best approach for creating healthy, sustainable forests is active management. The National Association of Forest Service Retirees made the recommendations in their report "Forest Health and Fire: An Overview and Evaluation." TAPPI (3/19) |
| | Canada worries softwood issue may strain U.S. relations
Canadian CEOs say they are worried that tightened borders in this time of war, as well as the ongoing softwood lumber dispute, could slow trade between the two nations. Officials estimate that border disruptions could affect as much as 45% of exports, freight operations and related investments. The Globe and Mail (Toronto) (3/20) |
| | Oil prices fall below $30 per barrel
The beginning of the war sent oil prices to three-month lows today. The International Energy Agency yesterday said it was not planning to open any emergency reserves, and dealers are counting on a quick U.S. victory in Iraq. MSNBC (3/19), The Washington Post (3/20) |
| Public Policy |
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| | Move to open ANWR to drilling fails
The Senate yesterday rejected allowing for oil and gas drilling in Alaska's Arctic National Wildlife Refuge by a vote of 52-48. The proposal to open the area to drilling was a key element of President Bush's energy plan. The Washington Post (3/20), USA TODAY (3/19), NYTimes.com (3/19) |
| | GAO report: Contracting costs put Energy Department in debt
With more than 100,000 contract employees, the Energy Department is the largest nonmilitary contracting agent in the U.S. government. The department has been working on a reform effort for nine years to try and control its contracting costs. Boston.com/Associated Press (3/20) |
| Forestry & Wood |
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| | Louisiana-Pacific sells land to Red Town Timber
L-P yesterday announced it has sold 29,000 acres in Texas to the Georgia timber company for approximately $21 million. The company said Monday it plans to spend $80 million on capital projects this year with a focus on reducing costs. American City Business Journals/Portland (3/19) |
| | Washington state works on forest plans
Foresters will use new forest science in updating management plans for the Idaho Panhandle and Kootenai forests. The use of motorized vehicles on forest land is expected to be a big issue during the revision process. The Spokesman-Review (Spokane, Wash.) (free registration) (3/18) |
| Pulp & Paper |
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| | Great Northern mills only have one taker
Great Northern executives say they are disappointed that Belgravia is the only company to have bid on the shuttered mills in northern Maine. The Canadian business has to decide by tomorrow if it wishes to pursue its $91 million bid and then would be subject to a review process. Kennebec Journal (Maine)/Associated Press (3/20) |
| | Greeting card industry's ethnic niche grows
New types of greeting cards have emerged from the stream of 7 billion sold each year. Women and minorities in the industry say they feel boosted by SBA statistics that reveal small companies owned by women are growing four time faster than other businesses. USA TODAY (3/19) |
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|  | | Interested in learning more about advertising in the AF&PA SmartBrief? Contact Matt Kavney at (202) 737-5500 x244 or mkavney@smartbrief.com.
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| Science & Technology |
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| | Canadian drug companies look at yew
Scientists are examining the tree's growth patterns to try and capture part of the expanding alternative medicine market. An anti-cancer compound has been found in the bark and foliage of the eastern yew, and it also can be used to treat AIDS-related Kaposi's sarcoma. Northern Ontario Business (Canada) (3/18) |
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