Ingka Investments to plant new, sustainably managed forest in Florida area damaged by Hurricane Michael
Ingka Investments, the investment arm of Ingka Group which represents the largest IKEA retailer, today announced it has acquired 1,321 hectares (3,264 acres) of land in Florida as part of its long-term commitment to responsible forest management. The investment property, Tupelo Honey, consists of two parcels of land in Gulf and Liberty Counties near the Apalachicola River that will be used for an ongoing afforestation project, creating new forestland by planting trees in areas where there were none before.The new forests will support increased biodiversity, help ensure sustainable timber
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