The Lyme            Timber Company
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September 11, 2017 - The Lyme Forest Fund IV acquired 71 acres of undeveloped land in northern San Diego County in order to establish a wetland mitigation bank. The property was formerly a golf course, and will be restored to re-establish historic stream, riparian, floodplain, wetland, and upland habitats. Site restoration will also benefit a number of listed species

 

November 1, 2016 - The Lyme Forest Fund IV purchased 20,091 acres of timberland in Morgan and Scott Counties, Tennessee, known as the Emory River tract.

 

May 25, 2016 - The Wisconsin Department of Natural Resources approved the purchase of a conservation easement on 7,090 acres of the Lyme Solon Springs Forest. The easement protects inholdings in Wisconsin’s Brule-St. Croix Legacy Forest, which will consist of 72,957 protected acres and is the state’s largest land conservation project to date.

 

Spring, 2016 - The Wildlife Management Institute and Lyme Timber are collaborating on a demonstration project in the Adirondack region of New York to show how sustainable timber harvesting can create young forest habitat for wildlife. Young forest is an important and ephemeral wildlife habitat that has been dwindling in New York State and across the entire Northeast for the last 50 years.

 

May 4, 2016 - Successful repayment of New Markets Tax Credit Financing on The Lyme Forest Fund’s 22,000-acre Grand Land Stream property resulted in a donation of $650,000 to the town of Grand Lake Stream, Maine. The funds will be used for housing, economic development and community facilities projects that sustain the traditional jobs and way of life for this rural community.

 

April 8, 2016 - The Lyme Forest Fund IV purchased 12,875 acres of timberland in northwestern Wisconsin, known as the Lyme Solon Springs Forest. Lyme will work with the state and county governments to secure a conservation outcome on the majority of these lands, which are key conservation targets in Wisconsin.

 

March 29, 2016 - Florida’s Governor and Cabinet approved state purchase of an 8,138-acre conservation easement on a portion of The Lyme Forest Fund III’s timberland holdings in the Big Bend region of Florida. Lyme Timber is working in partnership with The Conservation Fund, which is leading a broader effort to conserve forestland along the Suwannee River.

 

December 30, 2015 - The Lyme Forest Fund IV purchased 111,967 acres of timberland in Mendocino County, California, known as the Lyme Redwood Timberlands.

 

November 23, 2015 - The Lyme Forest Fund IV purchased four properties in West Virginia, collectively known as the WV Bunrootis mitigation banks.

 

November 17, 2015 - Acadia National Park takes ownership of 1,400 acres on the Schoodic Peninsula.

 

September 2, 2015 - The campground on the Schoodic Forest has been given to the National Park Service.

 

August 28, 2015 - The Lyme Forest Fund III has completed the second phase of a 65,867 acre working forest conservation easement on the Lyme St. Croix Forest Company.

 

August 27, 2015 - Peter Stein has co-authored an op-ed in the Milwaukee Journal Sentinel, "Congress Must Act To Save Conservation Fund."

 

July 12, 2015 - The Lyme Forest Fund III has sold a conservation easement on the 25,000 acre BX Ranch outside Pueblo, Colorado.  The effort was a partnership with the Palmer Land Trust and Great Outdoors Colorado.

 

May 26, 2015 – The Lyme Forest Fund IV purchased a 22,800 acre timberland property in Madison and Taylor Counties, Florida, to be known as The Lyme Gilman Forest Company.

 

February 25, 2015The Wisconsin Natural Resources Board approved the largest land conservation purchase in Wisconsin history by voting 7-0 to proceed with the second phase of a 65,867 acre working forest conservation easement on Lyme St. Croix Forest Company lands.

 

 

 

 

September 12, 2014 - Lyme Forest Fund III secured $25M in New Markets Tax Credit (NMTC) financing for Lyme Cross City Forest Company. In order to be eligible for NMTC financing, a project must promote economic development, deliver community benefits and be consistent with sustainable environmental principles.  It must also be focused in an economically distressed geographic area. 

 

 

 

 

July 11, 2014 – The Lyme Forest Fund III purchased a 25,000 acre ranch outside of Pueblo, Colorado. This property is known as The Lyme BX Ranch.

 

July 3, 2014 - The Lyme Forest Fund III purchased a 6,700 acre timberland property in Lafayette County, Florida, to be known as The Lyme Lafayette Forest Company.

 

June 19, 2014 - The Lyme Forest Fund III purchased a 19,500 acre timberland property in Gilchrist County, Florida, to be known as The Lyme Gilchrist Forest Company.

 

March 14, 2014 - The Lyme Forest Fund III invested in a 141 acre property in Blount County, Alabama. The property will be used to establish a stream mitigation bank, to be known as the Mulberry Fork Mitigation Bank.

 

February 14, 2014 - The Lyme Forest Fund III invested in a 2,555 acre property in Richland County, South Carolina. A portion of the property was sold to Richland County; Lyme reserved a mitigation use rights easement on the property and is permitting a wetland and stream mitigation bank, to be known as the Mill Creek Mitigation Bank.

 

December 23, 2013- The Lyme Forest Fund III purchased 52,000 acres of land and timber interests in southwestern Quebec.  This property is known as Kenauk Montebello.

 

December 20, 2013- The Lyme Forest Fund III purchased 46,000 acres of forestland in Dixie County, Florida. This property is known as The Lyme Cross City Forest Company.

 

December 13, 2013 - The Lyme Forest Fund III entered into an agreement to purchase a mitigation use rights easement on 1,100 acres of degraded wetlands in Polk County, Florida, to be permitted as the Fox Branch Mitigation Bank.

 

September 28, 2013 - Jim Hourdequin spoke about logging business profitability at the American Loggers Council (ALC) annual meeting.  Click here to read his speech.

 

September 25, 2013- The Lyme Forest Fund III invested in a 1,157 acre mitigation bank in Alabama.  This mitigation bank is known as Lillian Swamp.

 

Fall 2013 - Gathering Waters Conservancy's Fall 2013 newsletter featured an article on the Brule-St. Croix Legacy Forest project on Lyme's St. Croix property. Click here to read the article.

 

June 28, 2013- Lyme Northern Forest Fund sold 906 acres of its Berkshires holdings to the Commonwealth of Massachusetts.  The land has been designated a wildlife management area.

 

June 28, 2013- The Nature Conservancy of Canada accepted the first ever donated working forest conservation easement in Quebec.  The Lyme Timber Company was an advisor to the transaction.

 

April 1, 2013 - Lyme Northern Forest Fund sold its remaining Clarion lands in Pennsylvania. The Lyme Timber Company no longer owns land in that state.

 

February 1, 2013- The Lyme Timber Company is featured in Harvard Business School Alumni Bulletin. For full article, click here

 

December 18, 2012- The State of Maine purchased a conservation easement over The Lyme Forest Fund's Grand Lake Stream property. Click here for a news release.

 

October 1, 2012- Peter Stein was awarded the Kingsbury Browne Conservation Leadership Award by the Land Trust Alliance in recognition of outstanding leadership, innovation and creativity in land conservation.

 

August 31, 2012- The Wisconsin Department of Natural Resources purchased the first phase of a working forest conservation easement over Lyme's St. Croix Forest Company lands. The phase one conservation easement encumbers 44,679 acres of actively managed forestland.

 

May 17, 2012- The Wisconsin Department of Natural Resources announces its commitment to purchasing a working forest conservation easement over Lyme's St. Croix Forest Company lands. Click here for a news release.

 

February 16, 2012- The Lyme Forest Fund sold 42,200 acres of land in Tennessee.

 

December 23, 2011- The Lyme Forest Fund III purchased 72,800 acres in northwestern Wisconsin from the Wausau Paper Company.  These lands are known as the St. Croix Forest Company.

 

December 19, 2011- The Lyme Forest Fund III purchased 3,200 acres on the coast of Maine, adjacent to Acadia National Park. At the time of closing, Lyme sold its interest to a private foundation who will independently conserve the lands. Click here for a full press release.

 

September 2, 2011- An article on The Lyme Timber Company is featured in Financial Advisor Magazine, highlighting the positive environmental impacts of our strategy. Click here to read the full article.

  

February 20, 2011- Peter Stein was interviewed by the Valley News (our local newspaper). Click here to read the article, which describes Lyme Timber's business model in detail and explains the link between Capitalism and Conservation.

 

February 15, 2011- The Lyme Forest Fund III held its final close on $160.44 million.

 

December 17, 2010- Lyme Northern Forest Fund sold 12,000 acres of its 16,785 acre Clarion Timber Company property in northwestern Pennsylvania.

 

Early December, 2010- The Lyme Timber Company LP added its 22,000 acre Grand Lake Stream property in southeastern Maine to its group Forest Stewardship Council (FSC) certification for sustainable forest management. For more information on FSC certification criteria, visit: www.fsc.org.


December 7, 2010- Peter Stein recently received the Bridge Builders Award from Partners for Livable Communities for “his commitment to ensuring livable communities for generations to come through the conservation and sustainable use of forestland.” The Bridge Builders Award honors civic leaders who have formed partnerships across racial, social, economic and geographic barriers for the betterment of their communities. Click here to see the full press release from the event.


September 16, 2010- Peter Stein, Managing Director, received the Pacific Forest Trust’s Forest Champion Award this year for his work “as a tireless advocate for the conservation of America’s forest landscape.”

 

Winter 2010 - Peter Stein published an article in the Canadian publication Silviculture Magazine on working forest conservation easements. To read the article, click here.

 

April 16, 2007 - Ecosystem Marketplace publishes an article about The Lyme Timber Company, our history and our strategy. To read the article, click here.