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Before TD Collins died in 1914, he owned, along with others, a large number of sawmills in the Tionesta Valley of Pennsylvania, over 60,000 acres (240 km 2) of timberland, the Tionesta Manufacturing Company, the Nebraska Box Mill, the Mayburg Chemical Plant, plus over 100 miles (160 km) of logging railroad, 41 miles (66 km) of main line, 25 locomotives, several oil companies, and a bank.
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
The forest is a natural system that can supply different products and services. Forests supply water, mitigate climate change, provide habitats for wildlife including many pollinators which are essential for sustainable food production, provide timber and fuelwood, serve as a source of non-wood forest products including food and medicine, and contribute to rural livelihoods.
In 1948, the Sumitomo zaibatsu was effectively liquidated and the forestry business was spun off into a separate entity. Sumitomo Forestry itself was formed in 1955 by merging Toho Norin Co., Ltd. and Shikoku Ringyo Co., Ltd. In 1964, the company started building real estate from timber. In 1970, a subsidiary, P.T., was established in Indonesia.
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