Business · 25/10/2012Updated: 10/17/2026 · 1 min read
US Forest Service Extends Certain Timber Contracts Amid Substantial Overriding Public Interest
Summary
The US Forest Service has determined that extending certain National Forest System timber contracts for up to a year will minimize contract defaults, mill closures, and company bankruptcies while assessing markets for alternative relief measures, ultimately benefiting the government by avoiding defaulted timber sales, mill closures, and bankruptcies.