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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Beginnings
Way back in the 1940s my father was a local kid with smarts. Born into a farming family in Butler County, Ala., he grew up loving his family, the land, animals and hunting and fishing. He was even working his way into the timber industry: The folks running W.T. Smith Lumber in Chapman gave him a summer job learning to cruise and mark timber, and he planned to attend Auburn University and go into forestry…
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