Western Massachusetts to Become National Forest?
Former Governor Mitt Romney's proposal to designate the Berkshires and all of Western Massachusetts as national forest is being considered once again. Massachusetts is one of just six states without national forest designation, a situation the...
Crescent Resources Files for Chapter 11 Bankruptcy
Charlotte-based Crescent Resources filed for bankruptcy protection in Austin on June 10 listing assets and liabilities in excess of $1 billion. Founded in 1969, the developerĀ is owned by Duke Energy and Morgan Stanley's real-estate fund unit and...
Foreign Investors Own Major Stake in Maine
Foreign investors own an interest in 21.2 million acres of U.S. forest and farmland, an amount that equates to just under 1 percent of all the land in the U.S. Every one of the 50 states as well as Puerto Rico has foreign ownership, but far and...
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