Good Seed – Forico’s data driven approach to forestry pays off

Article from The Venture Magazine November 2019 edition

Growing a forest is an exercise in patience. It takes extensive preparation, careful planning, and years — sometimes decades — of maintenance. All the while, the foresters hope that at the end they have the healthiest trees they can grow. They don’t have many chances for doovers. For Tasmanian forest management company Forico, these are the facts of doing business. So it’s no wonder they’ve developed some innovative ways to ensure the end product is of the highest quality

“People often think of forestry as cutting down trees, but of course you’ve got to grow them. They grow for many, many years, it’s not like an annual crop,” Forico CTO Dr Andrew Jacobs told VENTURE. “Our hardwood plantations are in the ground for 13 to 15 years, but some of the Pinus radiata will be in the ground for 30 years. So it’s a very unique business, with a very long-term outlook.

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