2020
November 16, 2020
Lyme joins environmental and business leaders in announcing principles on the role sustainably managed forests and forest products play in mitigating climate change
The principles recognize forests as a natural climate solution and provide a common framework for engaging stakeholders in discussions about climate solutions. “We are signing on because we believe the need to address climate change is one of the most pressing issues of our time and all businesses have a responsibility to look for solutions. Our role is to understand the science pertaining to the role of forests, forest management, and forest products in mitigating climate change, then to participate in the design of regulations and market based solutions that will enable our businesses to contribute meaningfully to climate solutions.” - Jim Hourdequin, CEO, The Lyme Timber Company.
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October 8, 2020
Affiliates of The Lyme Timber Company LP acquire 242 acres in southeastern Texas to develop a stream mitigation bank
The Call Junction property, in southeastern Texas, features 40 acres of loblolly pine plantation and 202 acres of pastureland. The mitigation project includes the cessation of agricultural operations, the restoration of wetlands and riparian habitat, and the restoration of streams to increase sinuosity and connectivity with the flood plain.
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August 24, 2020
Lyme and its partner Finite Carbon featured in WSJ article on the market opportunity to keep forests intact to sequester carbon
Since 2010, when forest carbon offsets markets were in their infancy, Lyme has partnered with Finite Carbon to generate forest carbon offsets with a focus on California’s compliance market. With projects in Maine, Tennessee, West Virginia, Alabama, Wisconsin, and Oregon, we have structured forest carbon offsets projects to sequester over 5 million tons of CO2e. You can learn more about the growing opportunity for forestland owners in compliance and voluntary forest carbon offsets markets in the Wall Street Journal’s August 24, 2020 article featuring Finite Carbon.
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August 21, 2020
Affiliates of The Lyme Timber Company LP acquire approximately 17,000 acres of forestland in Oregon
The contiguous block of forestland, historically managed for timber and recreation, contains relatively high timber stocking and attractive conservation values including freshwater resources, wildlife habitat, and aesthetic values including views of Mount Hood, Mount Jefferson, Broken Top, and Three Sisters.
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August 4, 2020
The historic Great American Outdoors Act becomes law
The Great American Outdoors Act (GAOA) guarantees the full $900 million annual allocation to the Land and Water Conservation Fund (LWCF) and provides nearly $2 billion annually for five years for critical maintenance and infrastructure in our national parks, forests, wildlife refuges, recreation areas, and Native American communities.
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January 30, 2020
Affiliates of The Lyme Timber Company LP acquire 193 acres in Fayette County, Alabama to develop as a stream mitigation bank
The property is located in the Upper Black Warrior watershed, one of the most ecologically valuable and biologically diverse freshwater habitats in the US.
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2019
December 6, 2019
Affiliates of The Lyme Timber Company LP acquire approximately 677,000 acres of timberland in Michigan and Wisconsin
This diverse property is dominated by natural hardwood forests, mixed in with natural conifer forests as well as conifer plantations.
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December 4, 2019
Conservation Easement on 5,785 Acres of Lyme’s Florida Timberlands Approved for Purchase by the State
This easement will conserve the natural resources of the Suwannee River and the Gulf of Mexico, increasing coastal resiliency and providing clean water, clean air, and wildlife habitat. The lands remain on local tax rolls and will continue to be sustainably managed for timber production that contributes to the local economy.
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November 22, 2019
Approximately 4,650 acres of the Chocolate Bay Property in Texas that Affiliates of Lyme Acquired in 2018 to be Permanently Conserved
Galveston Bay Foundation’s acquisition of the property with funding from the National Fish and Wildlife Foundation (NFWF) will help restore and protect Texas’s natural resources affected by the 2010 Deepwater Horizon oil spill.
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October 31, 2019
Affiliates of The Lyme Timber Company LP acquire a mitigation site in southern Illinois
The 158-acre agricultural and recreational property includes approximately 16,000 feet of streams that have been straightened and deepened to improve drainage for agriculture.
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