Roseburg Sells Piece Of Oregon Timberland
Roseburg Forest Products is selling 59,564 acres of timberland located in the South Umpqua region of Oregon to Chinook Forest Partners, a timberland investment management group, for an undisclosed amount.
Roseburg Senior Vice President of Resources Scott Folk comments, “Consistent with the execution of our strategic planning goals and objectives, we are selling this targeted subset of timberlands in South Umpqua to better align our timberland portfolio and help ensure that we have the right balance of long-term core properties. With the recent announcement of our coastal Oregon timberland acquisition and retention of a supply agreement with Chinook Forest Partners associated with the South Umpqua sale, we remain very well positioned to ensure that our Western manufacturing facilities will have a secure, sustainable supply of high quality logs and wood fiber for decades to come.”
Chinook Forest Partners Managing Partner Scott Marshall states that Chinook plans to continue Roseburg’s “legacy of thoughtful timberland management, while also applying our forward-focused approach to natural capital opportunities.”
Latest News
2024 Logger Survey: Working Tough Ground
Loggers across the U.S. responded to Timber Harvesting’s recent 2024 Logger Survey, which showed that contractors in all parts of the country are having a tough time grappling with rising costs and dropping demand in some areas. For example, for the first time ever across 20-plus years of logger surveys, the number of loggers who rate their company’s financial health “poor” (9%) to “very poor” (21%) outnumber those who say “good” (21%) to “very good” (7%)—30% to 28% overall in favor of the negatives.
WANT MORE CONTENT?
Spanning seven decades since its inception in 1952, Timber Harvesting highlights innovative and successful logging operations across the U.S. and around the world. Timber Harvesting also emphasizes new technology and provides the best marketing vehicle for the industry’s suppliers to reach the largest number of loggers in North America and beyond.
Call Us: 800.669.5613