Montana News

Oct 29, 2013 5:57 PM by MTN News

Palisades timber sold for $1.7 million

HELENA - The Montana Department of Natural Resources and Conservation (DNRC) today accepted a $1.7 million bid from RY Timber for the Palisades Timber Sale project in Carbon County, Mont.

"This sale is great news for the MSU Morrill and Pine Hills School trusts," said DNRC Director John Tubbs. "The competition for this sale demonstrates the strength of the forest products industry and the value of our state-owned timber resources, which remain vital to Montana's forest economy."

"We're happy to get this project and happy to support public education in Montana," said Ed Regan, Manager of RY Timber. The company directly employs 210 workers at sawmills in Townsend and Livingston; another 250 workers are indirectly employed through contracted services.

The Montana State Land Board gave unanimous approval to the Palisades Timber Sale at its Sept. 23, 2013, meeting

Located approximately seven miles west of Red Lodge, Mont., the sale includes 32 harvest units totaling 789 acres with an estimated volume of six million board feet.

DNRC made several changes to the original project as a result of public involvement. These included reducing the overall acreage by 351 acres; reducing road construction by one mile; and selecting a haul route that will minimize disturbance to recreational activities and local residents.

Management activities on Montana's 5.2 million acres of state trust land generated gross revenues of $113 million for trust beneficiaries in 2013; the total includes interest from the permanent fund.

Gross revenues from timber management on trust lands in 2013 totaled $10.5 million.

"We manage on the basis of sustainable yield," said Tubbs. "Year in and year out, trust land timber is a reliable source of wood for Montana's sawmills."

Regan noted a dependable wood supply is critical to the state's forest products industry, which employed nearly 7,000 residents in 2012 with total earnings of $300 million.

"Lumber prices are improving, but log supply remains the critical issue," Regan said. "It's the limiting factor on full production."

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