Vernon Holt
Gone But Not Forgotten
announced in the Savannah Morning News plans to sell all of their lands which have previously contributed to their Savannah Operations. Much of their land has already been sold, with any that is left being in jeopardy.
Along with lands, they will be selling their chemical plant in Savannah along with an undisclosed number of sawmilling operations. No reason was given for this drastic move.
One example of the scope of IP actions over the past 2 or 3 years: The Combahee Forest which IP acquired from Union Camp Corp. once contained 114,000 acres, all of which was in the Low Country of South Carolina. Today, all that remains of this forest is 30,000 acres near the Savannah River. Under their newly announced plans the 30,000 acres will be gone soon.
Most of this land is being sold to developers and speculators with plans to build homes and condos. Much of the land is 30 to 40% wetland and entirely unsuitable for housing. This seems to make no difference.
This seems to be even more bad news for hunters who currently have the lands under lease. This decision not only effects South Carolina lands, but includes all Georgia Coastal lands all the way down to Camden County.
This is a sad report for me inasmuch as 37 years of my life were spent actively in managing as much as 600,000 acres of Union Camp lands. Almost gives one the feeling that all was in vain.
I have lost much of my confidence in Corporate America. People seem to no longer matter. My company of employ (Union Camp) placed great emphasis on Public Relations as well as Employee Relations. Once IP took over the helm, emphasis was on down sizing and disposing of the land base. Money grubbers.
Vernon
Along with lands, they will be selling their chemical plant in Savannah along with an undisclosed number of sawmilling operations. No reason was given for this drastic move.
One example of the scope of IP actions over the past 2 or 3 years: The Combahee Forest which IP acquired from Union Camp Corp. once contained 114,000 acres, all of which was in the Low Country of South Carolina. Today, all that remains of this forest is 30,000 acres near the Savannah River. Under their newly announced plans the 30,000 acres will be gone soon.
Most of this land is being sold to developers and speculators with plans to build homes and condos. Much of the land is 30 to 40% wetland and entirely unsuitable for housing. This seems to make no difference.
This seems to be even more bad news for hunters who currently have the lands under lease. This decision not only effects South Carolina lands, but includes all Georgia Coastal lands all the way down to Camden County.
This is a sad report for me inasmuch as 37 years of my life were spent actively in managing as much as 600,000 acres of Union Camp lands. Almost gives one the feeling that all was in vain.
I have lost much of my confidence in Corporate America. People seem to no longer matter. My company of employ (Union Camp) placed great emphasis on Public Relations as well as Employee Relations. Once IP took over the helm, emphasis was on down sizing and disposing of the land base. Money grubbers.
Vernon