Moody's Investors Service changed its outlook for the paper and forestry products industry to negative from stable as price and demand of products in the industry are expected to weaken over the next 12 to 18 months, the credit rating agency announced yesterday.
The Sustainable Forestry Initiative (SFI) has partnered with McGraw Hill to launch a continuing education unit for architects and builders to promote the benefits of using certified wood in green building projects. "Certified Wood Branches Out: Forest Certification's Evolving Role in Green Building Rating Systems" reinforces the growing acceptance of all certification standards by the green building community and government agencies.
NASF recently submitted formal comments to the U.S. Green Building Council regarding the draft LEED 2012 standard, which continues the practice of rewarding one forest certification program at the expense of other credible programs.
Sawmill operators in West Virginia are telling State Forester Randy Dye these are some of the worst times in recent memory for the state's $4 billion timber business. Dye blamed the demise of so many sawmills on a downturn in the housing market and a decline of imports coming into the United States. There are about 65 fewer sawmills running than there were only two years ago, according to the Division of Forestry, and certified loggers in the state declined from 1,141 in 2004 to 932 this year.
Press release: The Western Forestry Leadership Coalition (WFLC) and the Intertribal Timber Council (ITC) have joined forces in supporting legislative authorities that promote opportunities for forest management to span across ownership boundaries, in a recently released joint policy statement.
USDA Secretary Tom Vilsack continues to promote his "new vision for America's forests" in an editorial in the Denver Post this week. "Although the U.S. Forest Service manages 193 million acres of land nationwide, the majority of our country's forests are not within the National Forest System. And so, our new vision for forest restoration seeks to take an all-lands approach and increase the cooperation between public and private forest stakeholders."
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