RISI Partners With Association of Consulting Foresters to Expand Stumpage Pricing Service
Boston, Massachusetts, USA, 16 August 2007 -- /PRNewswire/ -- RISI, the leading information provider for the global forest products industry, today announced a partnership with the Association of Consulting Foresters (ACF), whose mission is to promote the practice of consulting forestry and to educate and assist landowners on good forest stewardship.
As part of this partnership, ACF members will participate in RISI's Timber Transaction Price Service (Timber TPS), a Web-based database of timber sales that provides objective reports of sawlog and wood fiber stumpage prices. Timber TPS' online reports and analytical tools allow for quick, accurate assessment of the market value of timber and timberlands.
Under the partnership, ACF members will enter the timber sales in which they are involved into Timber TPS. They will in turn have access to analytical tools to help them evaluate their own sales as well as anonymous sales data of all other participants in the Timber TPS community. Because ACF members are involved in such a large percentage of all timber transactions, the result of members' participation in Timber TPS is a database of timberland sales that lets users see actual stumpage prices paid for timber -- including assorted grades of sawtimber, softwood pulpwood, hardwood pulpwood, chip-n-saw, and other hardwood products.
Paul Jannke, senior vice president of RISI's Wood and Timber division, said that developing Timber TPS was a strategic priority for RISI. "Timber TPS has long been the most affordable source of timber transaction data available," he said. "With this agreement with ACF, we hope to establish the broadest and deepest coverage available as well. Currently, our coverage is mostly for the U.S. South, but we are actively working with ACF as well as several large TIMOs to add coverage for Pennsylvania and New York by the end of the year and Maine, Kentucky, Tennessee, and West Virginia by the first quarter of 2008."
RISI is the leading information provider for the global forest products industry. The company works with clients in the wood products, timber, pulp and paper, tissue, nonwovens, printing, and publishing industries to help them make better decisions.
Headquartered in Bedford, Massachusetts, RISI operates offices in Brussels, Belgium; Atlanta, Georgia; San Francisco, California; Portland, Oregon; Charlottesville, Virginia; Sao Paulo, Brazil; Shanghai, China; and Singapore. More information can be found at http://www.risiinfo.com/
About the Association of Consulting Foresters
The Association of Consulting Foresters of America, Inc. (ACF) was founded in 1948 to advance the professionalism, ethics, and interests of professional foresters whose primary work was consulting to the public. The ACF is the only national association for consulting foresters. Currently, there are more than 675 members in 37 states and one Canadian province. More information can be found at http://www.acf-foresters.org/.
Web site: http://www.risiinfo.com/