Local and Regional Economic Benefits from Forest Products Production Activities at the Savannah River Site: 1955-Present | Zendy

Lawrence Teeter | Zendy; J.I.R. Blake | Zendy

Open Access

Local and Regional Economic Benefits from Forest Products Production Activities at the Savannah River Site: 1955-Present

Author(s) -

Lawrence Teeter,

J.I.R. Blake

Publication year - 2002

Publication title -

osti oai (u.s. department of energy office of scientific and technical information)

Language(s) - English

Resource type - Reports

DOI - 10.2172/807841

Subject(s) - revenue , production (economics) , asset (computer security) , business , natural resource , agricultural economics , forestry , geography , environmental science , environmental protection , finance , economics , ecology , computer security , biology , computer science , macroeconomics

SRS was established in 1951 as a nuclear materials production facility; however, decline in the defense mission budget at SRS has created a major economic impact on the community in the Central Savannah River Area. SRS has been offsetting these effects by producing revenue (80 million dollars to date) from the sale of forest products since 1955 primarily trees, but also pine straw. Revenue has been re-invested into the infrastructure development, restoration and management of natural resources. Total asset value of the forest-land has increased from 21 million to over 500 million dollars in the same period

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