Economic downturn has affected timber business, company
Allegheny Wood Products of Petersburg has sold 55,000 acres to The
Forestland Group LLC. The sale represents most of AWP’s approximately 64,000
acres, according to company spokesperson Donna Reckart.
Most of the timberland is in West Virginia, according to Reckart, with
scattered parcels lying in Maryland, Pennsylvania and Virginia.
Within West Virginia, most of the acreage is in Preston County.
The sale included AWP’s timberlands in Cheat Canyon but not those in
Blackwater Canyon, Reckart said.
Although the sale took place in April — Reckart did not have the date
immediately available — it has not yet been recorded at the Preston County
courthouse.
Due in part to the long downturn in residential construction, demand for
wood products dropped to the point where the family-owned AWP had to sell
its land or close its doors, Reckart said.
“We were at about 800 employees probably about two years ago. The last I
heard it was approximately 450 employees,” she said. The company most
recently laid off 140 in February.
Production a year ago was about 140 million board-feet a year, she
continued, and now it’s closer to 70 million.
“We were the last sawmill in the state to have two shifts, and we just
finally had to cut back,” she added. “We’re still, I think, one of the very
few if not the last to actually be running five days a week.”
The Forestland Group is a Chapel Hill, N.C.-based Timber Investment
Management Organization, or TIMO.
According to its Web site, TFG manages 2.7 million acres in 20 states and
Costa Rica.
AWP has negotiated a timber supply agreement with TFG, Reckart said, and
will continue to buy from private landowners as it did before the sale.
AWP closed two sawmills the past several years, one in Mount Storm, W.Va.,
and one in North Carolina.
It continues to operate sawmills in Elkins, Kingwood, Princeton and
Riverton, W.Va., and in Marble, Pa.
The company expects its cash flow will be sufficient until construction
picks up again, Reckart said.
Copyright 2009 West Virginia Media. All rights reserved. This material may
not be published, broadcast, rewritten, or redistributed.
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Erosion & Sediment Control
Training for Contractors, Developers, and Land Managers
June 25, 2009 at 6:00 pm
WV State Fair Grounds, WVU Building
“Free Dinner Will Be Provided”
Topics Covered Will Include:
· Gabion Systems for Slope and Streambank Stabilization
· Resources for BMP’s
· Pesticides and the Construction Site
· Regulations and Permitting
Attendees will Receive a Copy of the
“West Virginia Erosion and Sediment Control Best Management Practice Manual
”
& Other Resource Materials
Representatives from the West Virginia Conservation Agency, Greenbrier
Valley Conservation District, and the West Virginia Department of
Environmental Protection will be on hand to answer questions.
Continuing Education Credits Will Be Available For: Pesticide Applicators
(6 credits)
To Attend, Please RSVP by Calling the
Greenbrier Valley Conservation District at 304-645-6173 by Wednesday, June
24
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Members and friends of CLEAR............
Foam/water samples from the surface of Mon River downstream of Morgantown
L/D on May 28th and June 2nd were taken by the US Army Corps of Engineers.
Samples were sent to a contract laboratory for metals (including strontium
& barium); oil & grease; total petroleum hydrocarbon; chloride; sulfate;
surfactant; total, suspended, and dissolved solids; pH; alkalinity; acidity;
hardness; conductivity; color; and turbidity analyses. Results should be
in early next week.
The Corps' project staff has observed foam downstream of various Mon River
navigation dams for many years, but think the the incidence and severity
of the events are increasing. They are planning to collect additional
samples during the next big foam event.
p.s. I have observed form on Cheat Lake from time to time, particularly
after a big rain. If you have seen
this brown foam or other unusual materials in the Lake, please let me
know. Do you have any evidence
as to the source or reason for this foam? Some of it could come from the
trees in the upper Cheat water shed, as well as residual organic matter
from rotting leaves.............??
Duane Nichols
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