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Plum Creek To Close Idaho Mill, Eliminating 61 Jobs

Plum Creek Timber Company announced it will close its Meridian lumber remanufacturing mill, putting 61 employees out of work. The mill produces softwood boards and edge glued panels. The property, which Plum Creek has owned and operated the mill since 1998, will be...

Sierra Pacific Becomes Quiet Giant In U.S. Lumber Industry

If pressed to name the biggest forest products companies in the U.S., or the most significant in Washington, you might come up with names such as Weyerhaeuser or Boise Cascade or Georgia-Pacific. For some local flavor you might throw in some names such as Simpson,...

U.S. Timberland Prices Gain Despite Lumber Slowdown

U.S. timberland accelerated its price growth, despite some lumber market concerns centered on China and the domestic market, which prompted one of the top forestry groups to warn on profits. U.S. timberland prices were 7.2% higher in the April-to-June quarter than a...

Plum Creek CEO Rick Holley Sees Recovery For Lumber

Rick R. Holley is CEO of a real estate investment trust that owns about 6.3 million acres in 19 states, including 720,000 acres in 22 counties in Arkansas. Before becoming CEO of Plum Creek Timber in 1994, Holley had served as vice president and chief financial...