As a home-grown Arizona company, NewLife Forest Restoration is committed to creating safe and meaningful jobs, revitalizing and growing communities for protecting our national forests. With the recent acquisition of a 425,000-square-foot building and equipment for a state-of-the-art sawmill and remanufacturing facility in Bellemont, Ariz. – the largest high-capacity sawmill facility in Arizona – NewLife will be creating more than 200 new jobs in the forestry industry.
The Windfall Mill will be located in Bellemont, Arizona in our 425,000 square foot industrial manufacturing facility. The Windfall Mill is expected to have three sawmill lines with corresponding planer mill and kiln-drying capacity. In addition, Bellemont will house an Engineered Wood Products plant and a compression bagging line for residual products. The Engineered Wood Products plant will launch in April of 2021.
The Lumberjack Mill is located at our Heber, Arizona facility on a 37-acre parcel of land. The core components of the facility include a sawmill with two primary breakdown lines, secondary breakdown capacity, kilns, and a planer mill.
NLFP maintains in-house harvesting and hauling operations. Harvesting operations specialize in forest restoration with capacity in chipping and grinding low-grade biomass products derived from forest restoration and thinning activities.
GOOD EARTH POWER AZ
Good Earth Power AZ, a subsidiary of NewLife Forest Restoration, acquired Phase 1 of the Four Forest Restoration Initiative (4FRI) contract with the U.S. Forest Service for restoring the health of 2.4 million acres of Arizona forest land. As an Arizona-based business with headquarters located in Mesa, Ariz., we are committed to continuing to strengthen our communities with plans to grow and expand operations by adding 200 new employees over the next 12 months.
NewLife Forest Restoration has partnered with TriStar Logging and has supply agreements with many other local industry companies. We have been building on and expanding these and other local industry relationships. Working together as a collective group is critical to getting the work done on forest restoration. It allows us to harness all of the knowledge and experience created over decades here in Arizona.
Some of our current partners include:
Canyon Creek Logging
Novo Star Wood Products
NewLife closed a $200 million sustainability-linked bond financing to fund the expansion of NewLife’s wood products manufacturing facilities and forest restoration capacity, enabling a significant increase in annual acreage restored. Goldman Sachs acted as underwriter and placement agent on the financing. The sustainability-linked bond issued by the Arizona Industrial Development Authority is one of the first of its kind in the U.S. “green bond” market and mandates specific forest restoration targets.