News

Investment funds managed by The Lyme Timber Company LLC (“Lyme”) have sold one wetland mitigation bank in Virginia and five stream mitigation banks in West Virginia to a fund managed by Texas-based Conservation Equity Management. Mitigation banks are undeveloped properties that had previously suffered environmental degradation but are then restored to their previous ecological function under close regulatory supervision.   Read more

The Green Finance Initiative has published two case studies highlighting Lyme's work to conserve forests and restore degraded wetlands. The case studies are part of a larger database that features mechanisms and models that mobilize private sector finance towards nature.    Read more

Affiliates of The Lyme Timber Company sold 1,495 acres to the Western Pennsylvania Conservancy to facilitate permanent protection of the land for hunting, fishing, hiking and other recreational opportunities in Benezette Township, Elk County. The property was immediately transferred to the Pennsylvania Department of Conservation and Natural Resources to become open to the public as a new addition to Moshannon State Forest, bolstering the region’s climate resilience.   Read more

Announcing a new agreement to advance large-scale U.S. solar development while championing land conservation and supporting local community interests; signed by major solar developers, conservation groups, agricultural organizations, environmental justice groups, and Tribal entities.    Read more

The business practices of Lyme Great Lakes Timberlands, which owns more than half a million acres of forested land in the Upper Peninsula, are the result of a series of events surrounding the history of logging in the region.   Read more

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On October 16, 2022, affiliates of Lyme Timber sold a 140-acre property located along the Clarion River in Jefferson County, Pennsylvania to the Western Pennsylvania Conservancy (WPC). The addition of this property to the 13,000 acres WPC has protected along the Clarion River since the 1970s will help protect the riparian area and water quality of the Clarion River stream, conserve forest resources, and provide for public recreation.    Read more

The equipment, a 2022 EMS Tractionline Winch Assist System, is the latest technology to further modernize the region’s forestry industry. The system includes specialized winches that maintain constant tension on cables attached to a machine that fells timber on steep slopes. The system reduces ground pressure, erosion and the need for dangerous hand felling on these same slopes.   Read more

The Inflation Reduction Act and the Infrastructure Investment and Jobs Act have provided billions for wildfire risk reduction, including ambitious targets for thinning overstocked federal lands. To do this work, we will need to mobilize the logging industry, deploy mechanical thinning systems at an unprecedented scale, and utilize public-private partnerships to develop the logging workforce of the future.   Read more

“This segment was critical to them. They’ve been able to use it because the owner, Lyme Timber the prior owner, was nice enough to let them use it, but now it’s permanent. It’s a permanent connection. They can hike through and be comfortable it will be there for their kids and their kids, kids,” said Schmidt.   Read more