Finch Paper forest sale

As is well known by now, and written about here, Finch Paper recently sold an amazing piece of property located in the Adirondack Park in upper New York state. The sale of what was previously the largest piece of privately owned property by Finch to the Nature Conservancy will result in the preservation of this 161,000 acre property.

I have just returned from a visit to the Adirondacks last week. During my visit to New York state I dropped in to see our friends at Finch Paper and to touch base on the progress of the land sale. Such a huge sale, valued at $110 million, requires creative thinking to make the numbers come together. The Nature Conservancy is resourceful and has access to large sums of money. Even for this great organization the price tag and the 6 weeks it took to put this together is an amazing feat of creative thinking.

One important part of this sale is that Finch Paper will retain logging rights to the property and help the Nature Conservancy support this land with fees it will pay for the lumber harvested from the property. The forest will remain a Forest Stewardship Council (FSC) certified forest and provide generations of responsibly managed timber for paper making.