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Timber Sales and thinning produced $3,646,868 in revenues since July 1, 2009. |
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Site preparation for planting more than 3600 acres has begun. |
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A report on the planting of CellFor varietal seedlings, or cloned seedlings, on 73 acres was presented to the Foundation Board at its May 27, 2010 meeting. The CellFor seedlings have doubled in height in the first six-month period, exceeding the usual growth of loblolly pine seedlings. In 2010-2011, the Foundation will plant CellFor seedlings on 500 acres. The seedlings were developed to improve the end-product and to be more resistant to disease. They are projected to produce 50% more saw timber, to yield 33% more in volume for harvesting, and to provide 50% more revenue. It is expected that the rapid growth, with uniform density and size, will allow thinning 2-3 years earlier and harvesting 2 years earlier. |
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The value of the Foundation’s timber holdings at March 31, 2010 was $148.5 Million. |
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Mobile, AL 36652-3148