- Associated Press - Friday, January 29, 2016

FLAGSTAFF, Ariz. (AP) - The largest contractor on a massive forest thinning project in northern Arizona says it will invest $100 million in the project this year.

The Arizona Daily Sun reports (http://bit.ly/1PYqwkh ) that Jason Rosamond said in a presentation to Four Forest Restoration Initiative stakeholders Wednesday that his company Good Earth Power AZ is planning to thin 16,000 acres next year.

Good Earth holds a Forest Service contract with the goal of thinning 300,000 acres by 2022. Between October 2014 and October 2015, the company thinned 2,405 acres.

Rosamond projects that the company’s thinning operations will be able to process 49,000 acres per year beginning in 2017.

He says the Good Earth signed a contract in December to pre-sell all of the lumber from the 4FRI project to International Forest Products.

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Information from: Arizona Daily Sun, http://www.azdailysun.com/

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