The Northwest Florida timber industry
was devastated during Hurricane Michael in 2018, but the industry
will see a little financial relief in the coming months.
The State of Florida and the U.S.
Department of Agriculture last week signed an agreement to provide
$380.7 million dollars to help Florida’s timber industry recover
from the storm.
Timber is the leading industry in the
Florida Panhandle, and suffered a $1.3 billion dollar economic hit
from Hurricane Michael.
An estimated 550 million trees were
damaged or destroyed and clearing downed timber can cost $2,000
per acre.
The federal money will allow Florida
Forest Service personnel to work with timber producers to verify
their timber loss and help landowners with documentation of loss.
The money will also help producers
repair and replace irrigation infrastructure damaged by the
storm.
Timber producers could receive funding
as soon as this fall.
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