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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Winch-Assist Systems Here To Stay But Many Issues Remain In Play
Safety is the primary driver of the increased implementation of winch-assist logging systems, and the main reason the technology will be part of the steep slope landscape going forward. Jobs like manual falling and choker setting in steep conditions are two big reasons logging is one of the most dangerous professions in the U.S., and doing more cutting from the safety of a cab and choker setting in cleaner conditions are a definite step in the right direction…
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