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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Oregon’s Wil Heath Dies At Age 93
It can be tough to be the face of logging in America, but Oregon logger Wil Heath pulled it off with class and his trademark good nature when he posed with a spotted owl on his shoulder for the January 1991 cover of Life magazine. He was quoted in an article titled ”Endangered Species: An Owl and a Logger Symbolize the Nation’s Tough Choice–Jobs or the Environment?” that showed both loggers and owls were endangered each in their own way…
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