2019
December 4, 2019
Conservation Easement on 5,785 Acres of Lyme’s Florida Timberlands Approved for Purchase by the State
This easement will conserve the natural resources of the Suwannee River and the Gulf of Mexico, increasing coastal resiliency and providing clean water, clean air, and wildlife habitat. The lands remain on local tax rolls and will continue to be sustainably managed for timber production that contributes to the local economy.
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November 22, 2019
Approximately 4,650 acres of the Chocolate Bay Property in Texas that Affiliates of Lyme Acquired in 2018 to be Permanently Conserved
Galveston Bay Foundation’s acquisition of the property with funding from the National Fish and Wildlife Foundation (NFWF) will help restore and protect Texas’s natural resources affected by the 2010 Deepwater Horizon oil spill.
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October 31, 2019
Affiliates of The Lyme Timber Company LP acquire a mitigation site in southern Illinois
The 158-acre agricultural and recreational property includes approximately 16,000 feet of streams that have been straightened and deepened to improve drainage for agriculture.
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October 5, 2019
Affiliates of The Lyme Timber Company LP acquire approximately 46,900 acres of Appalachian timberland in Tennessee and Alabama
This diverse, natural Appalachian hardwood property has an established log yard and accesses robust local markets. A forest carbon sequestration project is underway, and Lyme expects to maintain certification for this property under the Sustainable Forestry Initiative (SFI) program.
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September 16, 2019
Affiliates of The Lyme Timber Company LP to acquire 555,000 acres of timberland in Michigan
The property is located in the Upper Peninsula of Michigan and will be managed for sustainable timber production by Lyme Great Lakes Forest Company LLC.
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August 30, 2019
Lyme closes on New Markets Tax Credit financing to introduce winch-assist harvesting technology in West Virginia
In August 2019, a Lyme affiliate closed on a $5 million New Markets Tax Credit (NMTC) financing, facilitated by an NMTC allocation from AMCREF Community Capital, to establish Mountaineer Mechanized, a new logging business that will introduce winch-assist harvesting technology in Southern West Virginia where Lyme owns approximately 163,500 acres of timberland.
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August 30, 2019
Affiliate of The Lyme Timber Company LP acquires a wetland mitigation bank in Polk County, Florida
The property is adjacent to the Hilochee Wildlife Management Area and is designated by the State of Florida as a Green Swamp Area of Critical State Concern.
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2018
December 15, 2018
Affiliates of The Lyme Timber Company LP acquire approximately 42,500 additional acres of Appalachian timberland in Tennessee
The property, known as Brimstone, is proximate to lands owned by other affiliates of The Lyme Timber Company LP, and it will be managed with those lands by Straight Fork Forest Management for sustainable timber production.
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December 15, 2018
Affiliates of The Lyme Timber Company LP make a significant minority investment in the Emporium Hardwoods sawmill in Emporium, Pennsylvania
Historically, the mill procured timber from the lands we now own, and now Emporium Hardwoods is a customer for logs from our approximately 67,500-acre timberland ownership in the region.
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December 14, 2018
Conservation Easement on 19,225 Acres of Lyme’s Florida Timberlands Approved for Purchase by the State
The easement, resulting from a collaboration between the Florida Department of Environmental Protection, The Conservation Fund, and Lyme, will permanently protect lands within the Lower Suwannee River and Gulf Watershed and provide habitat and corridors for rare plants and animals. It allows for the lands to continue to be harvested for timber production, contributing to the local economy.
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