Moultrie, GA – January 3, 2017 – IFCO Bareroot, LLC, a sister company to International Forest Company (IFCO), is pleased to announce that it has reached an agreement with Weyerhaeuser Company (Weyerhaeuser) to purchase four forest seedling nurseries as well as the Flint River Seed Orchard. These nurseries are located in Jesup, Georgia, Washington,North Carolina, Pine Hill, Alabama, and Shubuta, Mississippi. The transaction is expected to complete in early 2017, once existing crops are harvested and shipped.
The four Weyerhaeuser nurseries are predominantly bareroot forest seedlings nurseries, but there is also containerized seedling production at the Washington, NC Nursery. Total seedling production of these nurseries is in excess of 155 million. Combined with the containerized seedling capacity of existing IFCO Nurseries IFCO will have a total seedling production capacity of over 250 million seedlings annually. Operations will be under IFCO ownership starting with the 2017 sowing season or approximately April 1, 2017.
IFCO COO Wayne Bell commented:
“We are excited to welcome the Weyerhaeuser nursery customers and employees to IFCO’s network of nurseries in the southern United States. This will allow our genetics company, International Forest Genetics and Seed Company to further leverage delivery of high value genetics to the forestry market.”
IFCO Business Development Manager, Doug Sharp, said
“These Weyerhaeuser nurseries have a proven track record of producing high quality bareroot and container forest seedlings. The combination of this production with IFCO’s existing containerized seedling production, high value genetic resource, and sales expertise will help us bring the best products and service to forest landowners of all sizes in the South.”