Funding Announced For Trump’s Forest Plan
Putting their money where their mouth is, the U.S. Dept. of Agriculture (USDA) announced in late May a $200 million investment to implement the Forest Service National Active Management Strategy to increase timber harvest, improve forest health and productivity, reduce wildfire risk, and support rural economics in forest communities.
The announcement came from U.S. Secretary of Agriculture Brooke Rollins, who had issued in April an “emergency situation” memo pertaining to the more than 112 million acres of national forest land. These developments are in support of President Trump’s Executive Order earlier in the year, calling for “Immediate Expansion of Timber Production.”
The new strategy intends to streamline burdensome regulations and expedite project approvals, ensuring faster access to critical timber resources.
The Forest Service has committed to increasing timber harvest on national forests by 25%, with an overall goal of 4 billion BF harvested annually by fiscal year 2028.
One of the strategic focus areas is streamlining environmental compliance and regulatory processes, such as accelerating National Environmental Policy Act reviews; another focus is salvage and reforestation and immediate large-scale salvage execution as disturbances happen.
A priority of the strategy is for the Forest Service to provide greater certainly for industry to make investments, such as through 10+ year longer-term conventional timber contracts.
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West Fraser To Sell Two Pulp Mills
West Fraser Timber Co. Ltd. and Atlas Holdings have announced the signing of a definitive agreement for the sale of West Fraser’s Quesnel River Pulp mill in Quesnel, British Columbia and its Slave Lake Pulp mill in Slave Lake, Alberta to Atlas. Atlas owns and operates several pulp, paper and wood products businesses in Canada and the U.S. The agreement includes related woodlands operations and timber holdings in Alberta and a long-term fiber supply agreement for the Quesnel facility…
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