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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Pewag Completes Acquisition Of Wallingford’s, BABAC
Pewag group, a leading global company in traction chain devices and industrial chain solutions (founded in 1479), has announced that is has completed the acquisition of Wallingford’s Inc. and BABAC Inc, a leading U.S.-based provider of forestry traction devices, forestry supplies and snow chains. Wallingford’s and BABAC have been consolidated as part of Pewag’s traction and forestry segment as of December 17th, 2021…
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Spanning seven decades since its inception in 1952, Timber Harvesting highlights innovative and successful logging operations across the U.S. and around the world. Timber Harvesting also emphasizes new technology and provides the best marketing vehicle for the industry’s suppliers to reach the largest number of loggers in North America and beyond.
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