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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Industry Wins Black Hills Appeal of Reduced Harvest
Officials with the Black Hills Forest Resources Assn. (BHFRA) have prevailed in an appeal of a 2021 decision to drastically reduce future timber harvests on the Black Hills National Forest. In February 2021, the Forest Service (FS) Rocky Mountain Research Station in Fort Collins, Colo., issued general technical report (GTR) 422. The report detailed timber inventory assessments and projected growth rates that…
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