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| Industry News |
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|  | Institutional money pumped into timberland
The return on investment for forestland is steady and analysts project investments will continue, despite some recent selling. Hancock Timber Resources, the nation's largest timberland investment manager, currently is selling 212,000 acres in Maine, New York, New Hampshire and Vermont, but it retains more than 3 million acres worldwide. Boston.com/Associated Press (3/21) |
| | British Columbia puts its wood products on world showcase
The Canadian province's government launched an advertising campaign for its forest products industry last week. There is concern that Canada is relying too heavily on the U.S. and may be missing out on other international markets. Canada.com (3/21) |
| | Gas prices mostly hold steady
Prices rose less than one cent over the past two weeks, holding at a nationwide average of $1.76 a gallon. One analyst says the pumps may have already seen their highest prices as fears diminish over the world oil supply. MSNBC/Associated Press (3/23) |
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| Public Policy |
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| | Columbia Basin information to be used in land management plans
The project, which for the past nine years has studied the landscape and economy of the river and its tributaries in the western U.S., is complete. Instead of creating a comprehensive plan, the data will be used by the Forest Service and BLM for use in individual national forest and rangeland plans. The Seattle Times/Associated Press (3/24) |
| | Texas bill would affect mold remediation industry
Bob Allen, the president of the International Association of Mold Remediation Specialists, called for faster reporting and insurance action on mold problems. He also called for regulation and for licensing of remediators. FacilitiesNet (3/21) |
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| | Fletcher Forests looks to future with buyback plan
The New Zealand exporter says it wants to structure future forest deals so it can purchase logs after trees have been harvested on the land it has sold. The company also says it plans to separate ownership of its forests from its marketing and management business as part of an overall restructuring plan. Yahoo/Dow Jones (3/24) |
| Pulp & Paper |
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| | Great Northern workers get help; Brascan emerges on bid scene
Workers at Nexfor Fraser Papers donated cash and food, including 40,000 pounds of locally grown potatoes, to help workers hurt by the closing of two Great Northern mills in Millinocket, Maine. The sale of the company was delayed Friday to see if Brascan's last-minute bid for the bankrupt paper maker could be considered. Portland Press Herald (Maine)/Associated Press (3/24), Foster's Daily Democrat (Dover, N.H.)/Associated Press (3/20) |
| | Merrimac Paper looks to restructure
The company and its subsidiaries Holyoke Card and Aquamac filed for Chapter 11 bankruptcy protection last week. The filing was voluntary, a report says. TAPPI (3/20) |
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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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| | Pulp & Paper Safety Association 60th Annual Conference
The Pulp & Paper Safety Association is sponsoring a safety conference May 4 to 7 in Orlando, Fla. This 60th annual conference focuses on safety topics exclusively for pulp, paper, converting and wood products facilities. The conference will offer information, presentations and panel discussions on safety topics we in the pulp and paper industry deal with every day. For more information and registration materials, please contact Pam Cordier at (219) 764-4787 or go to www.ppsa.org. |
| | Forest Service comments needed
Recently the Bush administration released a set of regulatory proposals addressing our nation's forest health crisis. The proposals focus on reducing the risks of catastrophic wildfire, insect infestation and disease which threaten our public forests, adjacent private lands, communities, wildlife habitat, and our air and water. Please take the opportunity to show your support of these regulatory proposals by sending a pre-written electronic postcard to the Forest Service. Click on this link for more information on the proposals and to send your postcard. It only takes a minute or two and every comment counts! If you have any questions, please contact Katy Moffett at (202) 463-2755. |
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