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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ALC Rising To Challenges
One really bright spot concerning the American Loggers Council is the organization’s resilience as the pandemic slowly fades away: Many organizations and trade associations took a beating during the pandemic, but the ALC is surviving remarkably well and moving ahead on a variety of fronts. Two news items this month underline the importance of having an association like the ALC to provide a national voice for the logging industry as various issues come up…
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