Abstract:
Pete DeVita is president and CEO of Wilmington-based Cape Fear Riverwood Corp. The company recovers from the bottom of the Cape Fear River centuries-old logs that were floated downriver by loggers from the late 1700s to early 1900s. Many of the logs sank along the route and are rare old-growth cypress, loblolly pine and longleaf pine between three and five hundred years old. Once cut, the wood is used in flooring, furniture, and house building.