Home | Business News | Browse by Publication | M | Mississippi Business Journal

Recession taking swings at timber: State's No. 2 cash crop 'feeling the effects just like everybody else'.

Publication: Mississippi Business Journal
Publication Date: 27-APR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Recession taking swings at timber: State's No. 2 cash crop 'feeling the effects just like everybody else'.(Focus: Agribusiness & Timber Made in Mississippi)

Article Excerpt
Timber is holding its own as the Magnolia State's second most lucrative cash crop, but economic analysts and industry professionals say the recession is slowly chopping away at this once proud institution.

"We're feeling the effects just like everybody else," says Aaron Rambin, a forester with the Mississippi Forestry Commission in Jones County. Rambin says that the housing slump has left people only willing to sell pulpwood, timber that is grown primarily for paper products. "They are holding on to their mature timber and thinning and maintaining their stands, keeping them healthy."

The timber industry in Mississippi hasn't caught a break since the summer of 2005, when the 120 mile-per-hour winds of Hurricane Katrina caused significant damage to the state's coastal and...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Mississippi Business Journal
Mass layoffs hit all-time high.(Strictly Business), April 27, 2009
Manufacturers still slashing jobs.(Strictly Business), April 27, 2009
PSC hearings going live online.(Strictly Business), April 27, 2009
Media outlet wants looks at State Farm-Hood settlement.(Strictly Busin..., April 27, 2009
First M&F loses $10m.(Strictly Business), April 27, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.