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World's Largest Sandalwood Supplier TFS Corporation, To Hit Milestone in 2013, Featured in Manufacturing Digital

When most people think of sandalwood, the first thought that pops into mind is the fragrance: that sweet, woody aroma that strikes a beautiful balance with its earthy base and floral notes, bringing a sense of calm to the user.

2012-02-29
SAN DIEGO, CA, February 29, 2012 (Press-News.org) When most people think of sandalwood, the first thought that pops into mind is the fragrance: that sweet, woody aroma that strikes a beautiful balance with its earthy base and floral notes, bringing a sense of calm to the user.

Of course, TFS Corporation knows that the significance of sandalwood goes much deeper than that. As the world's largest supplier of Indian sandalwood, Perth-based TFS grows approximately 5,000 hectares of Indian sandalwood (Santalum album) in the northwestern Kimberley region. While a portion of the valuable hardwood produced by TFS's plantations are owned by the company, they also manage plantations on behalf of other investors via its Beyond Carbon investment structure which allows for individual investments to be made on 300-350 hectare lots.

A publically traded company since 2004, TFS will hit an exciting milestone in 2013 with the first harvest of its Kununurra-based Indian sandalwood plantation - a project that's been in the works since 1999. In the company's early years, CFO Quentin Megson notes that the survival rates of Indian sandalwood in Australia hovered around 30-40 per cent; today, TFS's trees are achieving a 90 per cent survival rate and reaching maturity much earlier. "Experts say our 15-year-old trees are more like a 20- to 30-year-old tree," says Megson, who has worked with the leading sandalwood producer since 2005.

Read the full article: http://www.manufacturingdigital.com/magazines/10305

About Manufacturing Digital

Manufacturing Digital is a leading digital media source of news and content for C-level executives focused on business and up-to-date news in the manufacturing industry. Manufacturing Digital is the industry-dedicated arm of the WDM Group. Founded in 2007 by entrepreneur Glen White, WDM Group retains a diversified portfolio of websites, magazines, mobile apps, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.

Manufacturing Digital is headquartered in San Diego, California, with additional offices in Boston, Toronto, Mumbai, and Norwich, England. For more information, contact 1-760-827-7800 or visit http://www.manufacturingdigital.com/.

Press Contact
Chris Davies
Manufacturing Digital
Telephone: +44 (0)1603 217 571
Email: christopher.davies@wdmgroup.com


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[Press-News.org] World's Largest Sandalwood Supplier TFS Corporation, To Hit Milestone in 2013, Featured in Manufacturing Digital
When most people think of sandalwood, the first thought that pops into mind is the fragrance: that sweet, woody aroma that strikes a beautiful balance with its earthy base and floral notes, bringing a sense of calm to the user.