Acres Partners With Forisk
Acres, a data-driven land research platform that supports fast, informed decision making, is partnering with Forisk Consulting, a leader in analyzing timber markets and wood baskets, to visualize timber data for both companies’ clients. This collaboration between Acres and Forisk will further expand Acres’ capacity to provide and visualize important information on U.S. timberland through its powerful land valuation tool.
“We’re thrilled to bring Forisk’s experience and data to the Acres platform to help more investors and managers in the timber industry. We care about helping the forest industry make better decisions, and we see this partnership with Acres as a great way to enhance that value,” says Forisk President and CEO Brooks Mendell.
Acres and Forisk’s partnership creates deeper access to timberland insights for customers of both companies. The Forisk North American Forest Industry Capacity Database (“Mill Database”) covers 55 states and provinces in the U.S. and Canada. With Acres, users can interact with nearly 2,000 wood-using mills nationwide to quickly view the mill type, status, current and historic owner information, capacity, and certifications. This data is key to understanding how much a mill can process and produce and overall supply chain progress.
“Data-driven insights into timberland add up. If you don’t see the whole picture of land you’re buying or selling, you can’t get the most out of your transaction. Our strategic partnership with Forisk Consulting is an immense opportunity to create a 3D image for people in the forest industry so they can continue to do the important work of driving the national timber supply chain,” says Mark Foley, Director of Timber Investments, Acres.
Latest News
Interfor To Acquire Chaleur Forest Products
Interfor has announced today that it has reached an agreement with an affiliate of the Kilmer Group to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products. Chaleur owns two modern and well-capitalized sawmill operations located in Belledune and Bathurst, New Brunswick, with a…
Sawmills Announce Personnel Changes
The Westervelt Co. recently announced a change of leadership in the wood products business. Mark Richardson has been promoted to Vice President and General Manager, Wood Products, effective January 1, 2023. He will be promoted into the role currently held by Joe Patton, who recently announced his retirement after a 24 plus year career with the company…
Hancock Acquires Madison Lumber
Two of New England’s top performing eastern white pine manufacturing facilities will be stronger together as Hancock Lumber announced plans to acquire Madison Lumber Mill of Madison, NH. Hancock Lumber’s eastern white pine operations will expand to four mills with its first sawmill acquisition in more than 20 years…
U.S Housing Starts Break Negative Pattern: Both Single-Family, Multi-Family Increase
U.S. housing starts in August jumped 12.2% over July to an annual rate of 1.575 million, breaking a three month losing streak, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.