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CAPITAL IDEAS -- LIVE!

August 2006 News Conference for Forest Owners Sponsored by Alabama Forest Owners' Association, Inc. Conference was recorded August 16, 2006.

CLICK HERE
to Listen to the
Conference.

This conference and all future conferences will be in the .mp3 format, which is compatible with Windows Media Player and most other media devices.

Hayes D. Brown

starting time: (00:00)

Moderator

Hayes D. Brown, attorney and forest owner,  will moderate this news conference. Hayes' email address is hbrown@hayesbrown.com.

Click Here to View & Hear Prior News Conferences.

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Don Heath

(00:34)

Redirection at Alabama Forestry Commission

Don Heath is Senior Vice President of AmSouth Bank's Natural Resources and Real Estate Department in Birmingham, Alabama. He is also the Chairman of the Alabama Forestry Commission's Board of Commissioners - a seven-member board appointed by the Governor. The Alabama Forestry Commission is accepting applications and nominations for the position of Alabama state forester, a post which involves supervision of over 325 personnel with an annual operating budget of over $30 million. Heath tells us about the Board of Commissioners' goals for the AFC and what qualities they seek in a state forester.

Application: A letter, applicant’s vision statement for the agency, résumé, and three professional references should be sent to Dr. Richard W. Brinker. Evaluation of applications will begin on September 1, 2006. Applications will be accepted until the position is filled.

Contact: Dr. Richard W. Brinker, Search Committee Chair, School of Forestry & Wildlife Sciences, 3301 Forestry & Wildlife Sciences Building, Auburn University, AL 36849. Phone: (334) 844-1004 and Email: brinkrw@auburn.edu.

Phone: (205) 320-7212
Email: dheath712@charter.net

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Dana McReynolds

(03:32)

Southern Pine Beetle Update

Dana McReynolds is the Forest Health Coordinator for the Alabama Forestry Commission's Forest Management Division, and resides in Homewood, Alabama. The Alabama Forestry Commission conducts southern pine beetle detection flights every year, several times a year. During April and May 2006, they flew over twenty-four counties in Alabama. The flights showed the northwest and northeast regions of the state had no beetle spots detected and the southeast region saw only 10 spots. The southwest region saw 11 spots. McReynolds gives us some details about the flight and how she interprets the data. Note: the next SPB data will be posted on the AFC website in September 2006.

Phone: (334) 240-9363
Email: dana.mcreynolds@forestry.alabama.gov

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John L. Clark

(06:51)

Log Exports Good For Timber Growers

John Clark is the sales manager of Kitchens Brothers Manufacturing Co., Inc., in Hazlehurst, Mississippi. U.S. hardwoods are being exported overseas for lumber, veneer, plywood, flooring, moulding, and dimension materials. In fact, a big importer of U.S. hardwood logs, China, can utilize domestic logs, make a product, and ship it back to the U.S. cheaper than those products can be sold here. Clark will suggest that U.S. hardwood exporting serves the free market and can benefit those of us who grow hardwoods. In addition, he will talk about the current U.S. hardwood market and policy.

Phone: (601) 894-2021
Email: jlc1102@aol.com

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Robert H. Davis

(10:24)

Wood Pellet Industry

Rob Davis is President of the Forest Energy Corporation located in Show Low, Arizona, and serves on the Board of Directors of the Pellet Fuels Institute. Many of us in the Southeast have never used or even seen a wood pellet stove. You might be surprised to hear that wood pellets provide efficient, clean-burning, low-ash fuel, while sustaining a high BTU (unit used to measure quantity of heat). Considering the threat of high natural gas prices this winter, we had to ask Davis if he thinks this could mean a growing demand for wood pellets and what impact that could have on forest landowners.

Phone: (928) 537-1647
Email: rdavis@forestenergy.com

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Drew S. Mendoza

(14:14)

LLPs, LLCs, FLPs: Business Models For What?

Drew Mendoza is a family business consultant and the managing principal of The Family Business Consulting Group, Inc. in Marietta, Georgia. Succession in the family business can be a painful process. Although family business models make the succession process go more smoothly, some of the terminology can be confusing. Mendoza will help us understand these terms, tell us about the different kinds of models, how they ease succession, and where to get more information.

Upcoming FBA audio conferences:

Family Business Models

Phone: 1-800-551-0633
Email: info@efamilybusiness.com

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Darrell L. Dunteman

(18:39)

Giving Away Farm Equipment

Darrell Dunteman is an agricultural financial consultant and accountant located in Bushnell, Illinois. Dunteman also serves as managing editor of Ag Executive's newsletters which provide readers with the financial information they need to manage their farms and ranches in today's complex business environment. Were you aware that you can't just give away a piece of farm equipment to a family member without the possibility of incurring taxes & penalties? Like most things, there is a process you have to go through, including looking at possible IRS regulations. Dunteman will outline the steps involved in properly giving away farm equipment, including how to get an appraisal on the equipment and what the IRS will expect of you concerning the transfer.

Phone: (309) 772-2168
Email: agexecutive@earthlink.net

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Stanley W. Ford

(22:17)

4-H Team Needs Volunteers

Wayne Ford is the Tuscaloosa County Extension Service Coordinator, and coaches the Tuscaloosa County 4-H Wildlife Team. The team won this year's National 4-H Wildlife Habitat Evaluation Invitational held in Wisconsin Dells, Wisconsin. This makes Alabama’s seventh national championship, more than any other state, and Ford has coached five Tuscaloosa County teams to national championships and two more to reserve championships. Such an exceptional team deserves exceptional recruits to help them in their future success. Ford tells us about the team, describes the competition, and lets you know how you can be a 4-H team volunteer.

Phone: (205) 349-4630
Email: sford@aces.edu

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Dr. Jack Lutz

(25:23)

Market Update

Jack Lutz is a forest economist and founder of the Forest Research Group in Alton, Maine. Lutz is also the editor of the Forest Research Notes newsletter, so we've asked him to sit in this month's "Market's Chair." Lutz fills us in on the latest info on the timber market, and also tells us a little bit about the history of pulpwood in the Southern United States (and where Alabama fits into that history).

Phone: (207) 827-1019
Email: jlutz@forestresearchgroup.com

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