U.S. Forest Service Announces New Funding Opportunities
The U.S. Department of Agriculture’s Forest Service has announced up to $95 million in competitive grant funding through its Wood Innovations program for projects that advance innovative wood uses, expand wood-based construction, and grow U.S. wood energy markets and forest product processing capacity.
“A strong timber industry is essential for active forest management and the vitality of rural economies,” says Forest Service Chief Tom Schultz. “By supporting mills and markets that transform forest byproducts into valuable goods, we strengthen domestic manufacturing, reduce wildfire risks, and generate well-paying jobs across rural America.”
Funding is available through three Forest Service grant programs: the Wood Innovations Grant, Community Wood Grant, and Wood Products Infrastructure Assistance Grant programs. Together, these programs support projects that develop innovative wood products; increase the use of wood in commercial and residential construction; expand wood energy systems, and modernize, retrofit, or increase the capacity of wood products manufacturing facilities.
Eligible applicants include private businesses, for-profit and non-profit organizations, tribes, state and local governments, institutions of higher education, and public utility, fire, conservation, and school districts.
Businesses engaged in or supporting the forest products economy—which is vital to many rural and tribal communities—may apply for funding to expand manufacturing capacity. Final grant funding levels will be subject to the availability of funds.
Visit www.fs.usda.gov.
Latest News
Kronotex Announces South Carolina Laminate Flooring, Panel Mill Expansion
KronotexUSA and its parent firm Swiss Krono Group will invest $230 million to build a high-density fiberboard mill and expand the company's laminate flooring production in Barnwell, South Carolina, a move which will create 105 new jobs over the next few years....
World’s Tallest Timber Tower Under Construction In Canada
When complete in 2017, the 18-storey (53m) tower, called Brock Commons, will house hundreds of students at the University of British Columbia (UBC). Unless overtaken by other ambitious timber towers now at design or proposal stage, the CAN$51.5m residence is set to be...
Georgia-Pacific To Sell Engineered Lumber Business To Boise Cascade
Georgia-Pacific LLC announced today that it has reached an agreement to sell its engineered lumber business to Boise Cascade for $215 million, including working capital. The transaction is subject to standard regulatory review and other customary closing conditions....
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!