Latest News
Forestry Investment News
Oregon creates new state forest
17/02/2010
The Oregon Board of Forestry (OBF) has approved the purchase of a 43,000 acre area of forestland as part of its attempts to create a new state forest.
The OBF wants to purchase 100,000 acres for the state forest, which will be the first such forest created for 70 years. The forest area was owned by Gilchrist Timber Co, but was over-harvested in the 1990s following its sale by Gilchrist. It has now been given over mostly to trees that are around 20 years old.
The forest is expected to produce timber that should be profitable for Klamath County in a few decades time. As a result, the state forest is expected to provide lucrative opportunities for future generations.
John Blackwell of the OBF said, “this is truly an historic moment. We’ve assured that this land remains in forest use, providing a whole range of benefits for future generations. That’s especially important these days, when we’re facing permanent loss of forestland to development and other uses.”
Without the purchase, it would have been a very different story, claim the OBF, which says the land would have ended up in the hands of a series of small developers.
The OBF wants to purchase 100,000 acres for the state forest, which will be the first such forest created for 70 years. The forest area was owned by Gilchrist Timber Co, but was over-harvested in the 1990s following its sale by Gilchrist. It has now been given over mostly to trees that are around 20 years old.
The forest is expected to produce timber that should be profitable for Klamath County in a few decades time. As a result, the state forest is expected to provide lucrative opportunities for future generations.
John Blackwell of the OBF said, “this is truly an historic moment. We’ve assured that this land remains in forest use, providing a whole range of benefits for future generations. That’s especially important these days, when we’re facing permanent loss of forestland to development and other uses.”
Without the purchase, it would have been a very different story, claim the OBF, which says the land would have ended up in the hands of a series of small developers.
RSS