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Virginia has 16 million acres of
forestland with over 15.4 million acres classified as commercial
forest
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Non-industrial private landowners
hold 77% of Virginia forestland
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Landowners received over $345 million
in stumpage for their timber in 1999
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Timber harvesting contributes over
$863 million annually to the economy
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Specialty and non-timber forest products
contribute $60 million annually to Virginia's economy
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Forest-related recreational spending
contributes more then $3 billion annually to Virginia's economy
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Carbon sequestering and pollution
control value exceeds 1.9 billion annually
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Every $1 that landowners receive
for their timber generate $35.39 of Value-Added to Virginia's
economy
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In its entirety, Virginia's Forests
provide over $30 billion in benefits annually to the Commonwealth