Oregon Returns $61 Million In Timber Revenues
Out of almost $100 million in overall timber sale revenues in 2022, the state of Oregon has returned $61 million to the counties that have state forest acreage. State law requires two-thirds of forest revenues be distributed to the Forest Trust Land Counties, with the remainder earmarked for state forestry operations. Oregon operates five state forests that cover 729,000 acres of timberland. Overall, 12 counties shared in the revenues, led by $19.1 million to Clatsop County which contains the 147,000 acre Clatsop State Forest. The 357,000 acre Tillamook State Forest is Oregon’s top producer, generating $30 million shared by three counties.
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Astec, Bejac Announce Distribution Agreement
Astec has announced Bejac Corp., a heavy equipment dealer with 10 locations, will represent the Peterson line of forestry and environmental recycling equipment in California and Arizona. Bejac, founded in 1953 operated as an underground pipeline contracting business until 1985 when the company pivoted to the heavy, specialty equipment sector. In 2008, Bejac rapidly expanded its product line offerings and now focuses on a diversified customer base that complements Astec growth strategy…
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