Word: forester
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Neil Paku, a native New Zealander whose wife is a post-doctoral student at the Graduate School of Arts and Sciences, said the conditions were ripe last December for Harvard to purchase the forest at a discounted rate. Paku worked this forest in log transport...
...When the government sold the cutting rights to Tenon, it was made at a time when the export demand for forest products was extremely hated. There were groups of people against this deal. And so the cutting rights were overvalued,” Paku said...
Despite selling many of its forest assets, Tenon maintains confidence in the resilience of the timber industry as a major source of profit...
...While the company will no longer have its own forests, it will continue to enjoy the advantage of proximity to one of the world’s most sustainable sources of good quality timber—the forest plantations of the Central North Island of New Zealand,” according to the Jan. 21 notice to Tenon shareholders...
...many cases, forest product companies back out of timber because their timber sales are all tied up with their forest product operations,” Meyer said. “And we don’t have that issue...