Georgia Landowner News & Opportunities:
CASUALTY LOSS DEDUCTIONS
U.S. House of Representatives is considering a change for Casualty Loss deduction allowance for timber owners-
House Resolution 1444 would allow fair market value to be recovered from the loss of timber (rather than the basis) - Contact your elected Official to support!
Georgia Pacific breaks ground on new state-of-the-art pine sawmill at Warrenton, GA
UPDATE - GP officials anticipate the new mill being operational by mid summer (2019) and perhaps at full capacity by early 2020
Interfor announces plans to upgrade sawmills
at Eatonton and Thomaston
Press Releases: click here (Eatonton)
click here (Thomaston)
Interfor officials announce significant mill upgrades at both facilities to be phased in from 2019-2021
For overview of Interfor and specifics click here
Canfor announces plans to build new pine sawmill at Washington, GA
(February 2018 news release)
UPDATE - A Canfor official recently met with the Wilkes County Chamber of Commerce (Feb 2019). Indications are they still intend to construct this facility, but it's on the longer-term horizon (12 months of more). No local property has been purchased as of the date of this meeting.