Fourth Quarter 2012 Significant Highlights
- Sold over 162,000 tons of fiber - recreational leasing remains strong
Fiber Resources Segment Financial Results:
($ in millions)
|4Q 2012||4Q 2011||FY 2012||FY 2011|
Fourth quarter and full year 2012 fiber resources segment earnings increased compared with fourth quarter and full year 2011 principally due to increased fiber sales activity and higher pricing. Recreational leasing activity remained strong during fourth quarter, with almost 99% of available land leased for recreation.