Price hike.

• Position: Timber prices rise - Alaska Business Briefs

Price Hike. Due to a contract revision that became effective July 1, the price paid since 1986 by Alaska Pulp Corp. of Sitka for Tongass National Forest timber harvested under its long-term contract increased 80fold, from $1.47 per thousand board feet to $127 per thousand board feet. Under the previous contract between Alaska Pulp and the U.S. Forest Service, there was no provision for increasing timber rates until the end of each five-year...