Campbell Global Acquires Oregon Timberland From Weyerhaeuser
The Timber Investment Management Organization (TIMO), Campbell Global LLC, announced in November it acquired 28,200 acres of timberland from Weyerhaeuser in Oregon’s North Coast and Willamette Valley. Campbell CEO, Angela Davis said “We are pleased to be adding some of the highest quality forestland in the world, and this transaction demonstrates our team’s ability to acquire top-tier properties on behalf of our investors.”
Portland-based Campbell Global, founded four decades ago, is a worldwide timberland investment manager of J.P. Morgan Asset Management. Campbell manages five million acres for pension funds, foundations, and institutional investors. It oversees $10.1 billion in assets, 1.4 million acres, with 150 employees. J.P. Morgan Asset Management has assets under management of $4 trillion.
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Ponsse Partners With New West Coast Distributor
The Finland-based Ponsse Group has signed a retail agreement with PacWest Machinery for its sale and maintenance of Ponsse forest machines in Oregon, Washington and Idaho, including the existing service center in Coburg, Ore. Ponsse announced that PacWest’s extensive service business network would strengthen Ponsse service and growth expectations for cut-to-length logging in the region. Established in the 1890s, PacWest also is a…
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