Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Ownership of Southern forestland dramatically changing

12.12.2005


New reports document dramatic changes in the ownership of southern forestland



Two new research studies document dramatic changes in the ownership of Southern forestland and declining markets for its forest products. The Southern Group of State Foresters (SGSF), with the help of scientists from the USDA Forest Service and their university cooperators, recently reviewed the findings of two year-long research projects aimed at understanding trends crucial to the future of southern forests and private forest landowners.

One report, Strategic Factors Driving Timberland Ownership Changes in the U.S. South, documents the extent, reasons for, location, and nature of forest industry land transactions to non-industrial ownership. According to the report, more than half of the 37 million acres of timberland owned by forest industry was sold to institutional investors, such as Timber Investment Management Organizations (TIMOs). Primary reasons for divestiture include poor stock performance, the need to increase shareholder returns, debt reduction, increased tax efficiencies though Real Estate Investment Trusts and sub-chapter S Corporations, and the development of tax strategies that minimize capital gains.


"It is our expectation that these types of timberland divestitures will continue for a long time," said Michael Clutter, project coordinator and professor of forest finance at the University of Georgia-Warnell School of Forest Resources. He continued, "In fact, our study indicates that in three years’ time it’s possible there will be only one forest products company with timberland holdings exceeding one million acres in the U.S. South."

Likewise, The U.S. South’s Timber Sector in 2005: a Prospective Analysis of Recent Change report captured significant forces of change driving markets for timber production across the South. The report shows a steep decline over the past 10 years in international demand for U.S timber products. Industry consolidations, landownership changes, and depreciation and closure of older processing facilities are all contributors.

"In spite of these changes, Southern forest landowners continue to invest in and expand their capacity to produce timber," said David Wear, lead author and economics project leader for the Southern Research Station of the Forest Service. "The South’s ability to produce quality timber is strong. The big question is, will demand for Southern products increase in the future."

This week, during their annual winter meeting in Atlanta, the Southern Group of State Foresters accepted the research reports and findings. According to Steve Scott, SGSF Chair, "Now that we have received the results of the research studies, we will search for opportunities to share this information with industry leaders, policy makers, and other interested partners as we work to make sure Southern forestry interests remain strong in the national and global economy." Individually, state forestry agencies are evaluating how these findings can be considered within existing landowner assistance programs and identifying opportunities for increasing forest management activities and improving local markets within their States.

David Wear | EurekAlert!
Further information:
http://www.srs.fs.usda.gov/

More articles from Studies and Analyses:

nachricht WAKE-UP provides new treatment option for stroke patients | International study led by UKE
17.05.2018 | Universitätsklinikum Hamburg-Eppendorf

nachricht First form of therapy for childhood dementia CLN2 developed
25.04.2018 | Universitätsklinikum Hamburg-Eppendorf

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Powerful IT security for the car of the future – research alliance develops new approaches

The more electronics steer, accelerate and brake cars, the more important it is to protect them against cyber-attacks. That is why 15 partners from industry and academia will work together over the next three years on new approaches to IT security in self-driving cars. The joint project goes by the name Security For Connected, Autonomous Cars (SecForCARs) and has funding of €7.2 million from the German Federal Ministry of Education and Research. Infineon is leading the project.

Vehicles already offer diverse communication interfaces and more and more automated functions, such as distance and lane-keeping assist systems. At the same...

Im Focus: Molecular switch will facilitate the development of pioneering electro-optical devices

A research team led by physicists at the Technical University of Munich (TUM) has developed molecular nanoswitches that can be toggled between two structurally different states using an applied voltage. They can serve as the basis for a pioneering class of devices that could replace silicon-based components with organic molecules.

The development of new electronic technologies drives the incessant reduction of functional component sizes. In the context of an international collaborative...

Im Focus: LZH showcases laser material processing of tomorrow at the LASYS 2018

At the LASYS 2018, from June 5th to 7th, the Laser Zentrum Hannover e.V. (LZH) will be showcasing processes for the laser material processing of tomorrow in hall 4 at stand 4E75. With blown bomb shells the LZH will present first results of a research project on civil security.

At this year's LASYS, the LZH will exhibit light-based processes such as cutting, welding, ablation and structuring as well as additive manufacturing for...

Im Focus: Self-illuminating pixels for a new display generation

There are videos on the internet that can make one marvel at technology. For example, a smartphone is casually bent around the arm or a thin-film display is rolled in all directions and with almost every diameter. From the user's point of view, this looks fantastic. From a professional point of view, however, the question arises: Is that already possible?

At Display Week 2018, scientists from the Fraunhofer Institute for Applied Polymer Research IAP will be demonstrating today’s technological possibilities and...

Im Focus: Explanation for puzzling quantum oscillations has been found

So-called quantum many-body scars allow quantum systems to stay out of equilibrium much longer, explaining experiment | Study published in Nature Physics

Recently, researchers from Harvard and MIT succeeded in trapping a record 53 atoms and individually controlling their quantum state, realizing what is called a...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

In focus: Climate adapted plants

25.05.2018 | Event News

Save the date: Forum European Neuroscience – 07-11 July 2018 in Berlin, Germany

02.05.2018 | Event News

Invitation to the upcoming "Current Topics in Bioinformatics: Big Data in Genomics and Medicine"

13.04.2018 | Event News

 
Latest News

In focus: Climate adapted plants

25.05.2018 | Event News

Flow probes from the 3D printer

25.05.2018 | Machine Engineering

Less is more? Gene switch for healthy aging found

25.05.2018 | Life Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>