BOSTON, May 22 /PRNewswire/ --
- Membership Participation Grows while Coverage Significantly Expands
RISI, the leading information provider for the global forest products industry, today announced a dramatic increase in the amount of timber transaction data that has been submitted to the Timber Transaction Price Service (Timber TPS) in the 12 months ending March 2008. Timber TPS -- a comprehensive and reliable database of stumpage pricing for actual North American timber sales - also saw a 96% increase in the number of participating organizations. This increase in data has improved the reliability of timber prices reported by Timber TPS.
RISI also announced that Timber TPS coverage is expanding from the US South into Pennsylvania, Michigan and Wisconsin.
"Much of this increase can be attributed to a partnership formed with the Association of Consulting Foresters last spring," said Erik Kankainen, Timber Analyst at RISI. "Also, a number of large organizations have joined the service in the past year and started contributing more timber sales data."
The expansion to cover Pennsylvania, Michigan and Wisconsin will give timber buyers and sellers in these areas an interactive pricing resource that doesn't currently exist. "We've worked with various state agencies, consultants, and private landowners, to develop the new coverage," Kankainen continued. "We are thrilled that the partnership with ACF has been so successful and we look forward to continuing to work with them as we expand the footprint of Timber TPS coverage."
For more information on how to subscribe to RISI's Timber TPS (Timber Transaction Price Service), please contact Scott Gately at email@example.com, call +1-781-734-8900 or visit www.risiinfo.com/tps.
RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, wood products, timber, tissue, nonwovens, printing and publishing industries to help them make better decisions.
Headquartered in Boston (Bedford), Massachusetts, RISI operates offices in Brussels, Belgium; Atlanta, Georgia; San Francisco, California; Portland, Oregon; Sao Paulo, Brazil; Shanghai, China; Singapore; and Charlottesville, Virginia. More information can be found at www.risiinfo.com .
Contact: Dan Blenk Marketing Manager Wood & Timber Information RISI 4 Alfred Circle, Bedford MA 01730 U.S.A. Tel: +1-781-734-8949 Email: firstname.lastname@example.org
Web site: http://www.risiinfo.com
Dan Blenk, Marketing Manager Wood & Timber Information of RISI, +1-781-734-8949, email@example.com. Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080521/NEW122LOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk, firstname.lastname@example.org