FOR IMMEDIATE RELEASE
FORESTRY DRIVES SOUTH CAROLINA ECONOMY
(Columbia,SC)–Early economic figures from an ongoing study of the impact of our state’s forest and agricultural industry by the Palmetto Agri-Business Council show that forestry has emerged as the number one manufacturing industry in the state, the number one employer, and the leader in wages paid to support South Carolina families.
There are many forest-based businesses including everything from pine-straw raking and the pet bedding industry to biomass power plants and hunting preserves and other forest-based recreation. Of course loggers, paper mills and sawmills are forestry’s most common icons. However, when counting every business or service that makes money from South Carolina’s forestland and its products, the numbers become staggering.
Forestry provides 44,708 jobs in the Palmetto state. Those jobs support families which greatly magnify forestry’s benefit to South Carolina’s citizens to the tune of $2.4 billion annually in labor income. These numbers confirm forestry’s role as a primary driver of the state’s economy.
Forestry’s players and output, and therefore its economic impact, have grown in recent years. However, South Carolina has more standing timber volume now than ever recorded. Best of all, these forests support expanding industry investments while still providing clean watersheds, beautiful landscapes, and abundant wildlife. Also, growth exceeds harvests, and total forest acreage has remained stable at more than 12-million acres, or two-thirds of the state.
The Palmetto Agri-business Council is continuing its study of the total agriculture/forestry industry to determine its combined impact. The studies will be completed soon and are expected to further illustrate that South Carolina’s land-based commodities drive the state’s economic engine.
The SC Forestry Commission’s mission is to protect and develop South Carolina’s forest resource. For every $1.00 invested by SC in the Commission, the industry produces about $1,800.00 of economic impact.
For more information, contact Scott Hawkins, 803-896-8820