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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Stihl Expands Saw Guide Bar Manufacturing In Virginia
The City of Virginia Beach has announced that Stihl plans to invest $49 million to expand its chain saw guide bar manufacturing facility. The expansion will add 26,000 sq. ft. of space to an existing building, totaling 86,000 sq. ft. upon completion. The project is also expected to create 15 new jobs with an average annual wage of $60,000 to $100,000…
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