06/09/2021 | Press release | Archived content
ATLANTA, June 9, 2021/PRNewswire/ -- Georgia Gov. Brian Kemphonored Atlanta-based CatchMark Timber Trust, Inc. (NYSE: CTT) earlier this month as a 2021 partner in the state's Forestry for Wildlife Partnership, a program administered by the Georgia Department of Natural Resources' Wildlife Resources Division (DNR). Gov. Kemp recognized CatchMark for its "stewardship and land management practices benefiting wildlife across Georgia. See press release from the Georgia Department of Natural Resources here.
Administered by the Georgia Department of Natural Resources' Wildlife Resources Division, Forestry for Wildlife Partnership is a 25-year-old voluntary and participant-driven effort that encourages conservation of wildlife habitat on large private forestlands and provides public access to the properties for hunting, fishing, wildlife viewing, hiking and camping. Partner projects focus on making improvements that sync with Georgia'sBobwhite Quail Initiative and State Wildlife Action Plan, two statewide strategies.
Todd P. Reitz, CatchMark's Chief Resources Officer, said: "As a longtime participant in the Wildlife Partnership, CatchMark thanks Gov. Kemp and the State of Georgiafor recognizing our efforts in conscientious forest management and sustainable practices. Working closely with the DNR, our various targeted initiatives not only promote healthier environments and enhance wildlife habitats as well as public recreation, but also help increase the long-term market value of timberland assets for our investors."
In fiscal 2020, CatchMark completed a signature project to reintroduce endangered red-cockaded woodpeckers at Sprewell Bluff Wildlife Management Area in Thomaston. During the year, the company also undertook the following initiatives:
With ownership interests in approximately 243,800 acres across Georgia(as of 3/31/2021), CatchMark has been a part of the Wildlife Partnership since 2011.
About CatchMark
CatchMark (NYSE: CTT) seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and takes advantage of proximate mill markets, which provide a reliable outlet for merchantable inventory. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.5 million acres* of timberlands located in Alabama, Florida, Georgia, Oregon, South Carolina and Texas. For more information, visit www.catchmark.com.
* As of March 31, 2021
SOURCE CatchMark Timber Trust, Inc.