INDIANAPOLIS —
Sixteen Indiana counties are sharing more than $280,000 that the Department of Natural Resources is distributing from revenues generated by state forest timber sales.
The revenue sharing is established in Indiana Code 14-23-4, which bases each county’s share on 15 percent of net revenue from state forest timber sales in each county during the 2010-2011 fiscal year.
In the Wabash Valley, Greene County will receive $168 and Sullivan County $4,110. The counties are required to distribute 50 percent of these funds to fire departments that have cooperative agreements with the DNR. Counties can use the remaining 50 percent as they wish.
“Through this annual revenue distribution, counties and local fire departments have received almost $1.6 million over the last five years,” State Forester John R. Seifert said. “This funding is made possible through sound, sustainable forest management on the DNR state forest system.”
The DNR Forestry’s state forest management program has been certified through two internationally recognized forest certification programs, meaning that the wood sold from state forests enters the marketplace as green-certified.
The economic impact of selling more than 14 million board feet of wood from the state forests is approximately $719 million to the Indiana economy. This includes cost of the raw product, harvesting and associated manufacturing into wood products such as furniture and flooring.
Business
State forest timber sales benefit 2 Valley counties
- Business
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EYE ON THE PIE: Use to be close tie between output, employment
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Employer opinions sought on students
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Carlisle prison marks 20th anniversary
2012 marks the 20th year of service for the Wabash Valley Correctional Facility, going on line with its first offenders Dec. 10, 1992.
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SOCIAL SECURITY: Why young workers should care about Social Security
Summer will be here before we know it.
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BUSINESS CENTS: Does your staff understand pricing?
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Valley Child Development Center receives grant
Valley Child Development Center has been awarded a $5,000 grant from the Terre Haute Day Nursery Foundation through the Wabash Valley Community Foundation.
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Exec offers advice on becoming startup entrepreneur
Sam Clemens, chief product officer of Cambridge, Mass., startup company Insight Squared, gave Rose-Hulman Institute of Technology students insight on how to develop a startup business.
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Newsmakers: May 20, 2012
Leland Phipps, family practice physician at Paris Community Hospital/Family Medical Center, has been re-elected to membership with the American Academy of Family Physicians.
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Alumna to serve as VP for Rose-Hulman Ventures
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Summer Sidewalk Sale set
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Oil drops to lowest level in 6 months
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Adidas initiative: ISU students develop business improvement process at facility
As Indiana State University students cruised Interstate 70 on Friday afternoons from Terre Haute to Indianapolis, they were looking forward to reaching their destination.
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BUSINESS BRIEFLY: May 13, 2012
An evening of networking and education for Clark, Crawford and Edgar counties regarding branding, marketing and tourism development opportunities is planned for 6:30 p.m. May 21 at the Heath Museum on the square in downtown Robinson.
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Wendy’s partners with Riley Hospital
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Marshall Chamber to stage annual golf outing
The Marshall (Ill.) Chamber of Commerce invites golfers to its annual golf outing scheduled for June 8 at the Marshall Golf Course.
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ON THE MOVE: May 13, 2012
McKenze Rogers has joined Williams Randall as an account supervisor.
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Seminar teaches seniors to fight fraud
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‘Best Places to Work’ honored at banquet
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NEWSMAKERS: May 13, 2012
Susi Willis, CPA and partner in Larsson Woodyard & Henson, LLP, was recently presented with the Distinguished Service Award by the Indiana CPA Society at its annual CPA Celebration at the Indiana Roof Ballroom in Indianapolis.
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Indiana Rail Road wins Family-Friendly Award
The Indiana Rail Road Co. has won the Terre Haute Chamber of Commerce’s “Family-Friendly Business Award” for 2012 based on the company’s highly successful employee wellness program.
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Government cuts summer gasoline price forecast
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Mall operator becomes biggest real estate company
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Dealership to celebrate first year
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EYE ON THE PIE: Compensation levels did not cause the recession
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Old National begins year with strong first quarter
Old National Bancorp reported 1st quarter net income of $21.7 million, or $0.23 per share.
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Enroll in disaster preparedness class
The University of Illinois Extension is offering a disaster preparedness course on May 23 for Clark, Crawford and Edgar county businesses called Ready Business.
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Newsmakers: May 6, 2012
• Dr. Haytham Mansour
• Terre Haute Regional Hospital
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