The Montana Department of Natural Resources and Conservation has accepted a $1.7 million bid from RY Timber for the Palisades Timber Sale project in Carbon County.
RY Timber employs 210 workers at sawmills in Townsend and Livingston; another 250 workers are indirectly employed through contracted services.
The Montana State Land Board gave unanimous approval to the Palisades Timber Sale at its Sept. 23 meeting.
Located about seven miles west of Red Lodge, the sale includes 32 harvest units totaling 789 acres with an estimated volume of 6 million board feet.
Management activities on Montana’s 5.2 million acres of state trust land generated gross revenues of $113 million for trust beneficiaries in 2013; the total includes interest from the permanent fund.
Gross revenues from timber management on trust lands in 2013 totaled $10.5 million.