Timber

  • Timberland Statistics as of September 30, 2019:
    • Total Acres – 77,561
    • Initial investment in timberland – $132.9 Million
    • Revenue produced from initial investment – $152 Million
    • Fair Market Value of Investment at September 30, 2019 – $164.8 Million.
  • At September 30, 2019, the timberland investment was valued at $164,804,000. The per acre value was $2,125 at September 30, 2019.
  • Total revenue generated for the five-month period ended November 30, 2019, from thinning, clear-cut sales and hunt leases was $2.062 Million.
  • The timber management plan for the fiscal year 2020 includes clear-cut sales on approximately 1,570 acres, thinning on 3,400 acres and hunt lease revenue from 75,000 acres.
  • In December 2019, the Foundation will plant approximately 2,100 acres with the majority planted in Arborgen mass control pollinated (MCP) seedlings, a genetically improved seedling.

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