Header

Helene Hammered Private Timberlands

 

 

 

Based on preliminary damage assessments conducted by the Georgia Dept. of Agriculture, the Georgia Forestry Commission, and the University of Georgia, Hurricane Helene left behind an estimated $6.46 billion in damage to Georgia’s agriculture and forestry industries, more than three times the damage from Hurricane Michael in 2018.

The 60-100 mile per hour winds that raged from Valdosta to Augusta took a heavy toll mostly on privately owned timberlands. The latest timber loss estimates from the Georgia Forestry Commission and the UGA Warnell School of Forestry state 8.8 million acres of timber were ravaged. The impact on one of Georgia’s top five commodities, timber, is expected to be $1.28 billion.

Latest News

Barko Teams Up With Stearns Bank

Barko Teams Up With Stearns Bank

Barko Hydraulics has partnered with Minnesota-based Stearns Bank National Assn. to provide exclusive retail financing to dealerships across the U.S. “We are very excited to be partnering with such an incredible organization as Stearns Bank. Both…

Mills Expand Timberland Holdings

Mills Expand Timberland Holdings

Alabama’s Westervelt The Westervelt Company and Caisse de dépôt et placement du Québec (CDPQ), a global investment group, announced the acquisition of more than 76,000 acres of high-quality pine timberland in southeast Georgia and the creation of…

Have A Question?

Send Us A Message