Plum Creek Timber is the largest private landowner in the United States. Most of its lands were originally purchased as timberland. Headquartered in Suite 4300 at 999 Third Avenue in Seattle, Plum Creek was spun off from Burlington Resources as a master limited partnership on June 8, 1989. It converted to a real estate investment trust on July 1, 1999.

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  • 1989-01-01 00:00:00 (xsd:date)
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  • Rick R. Holley, CEO, President, & Executive Director
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  • Plum Creek Timber is the largest private landowner in the United States. Most of its lands were originally purchased as timberland. Headquartered in Suite 4300 at 999 Third Avenue in Seattle, Plum Creek was spun off from Burlington Resources as a master limited partnership on June 8, 1989. It converted to a real estate investment trust on July 1, 1999. Burlington Resources was created from the Burlington Northern railroad's natural resources holdings in 1988; Plum Creek Timber is therefore heir to the timberland originally granted by the federal government to the Northern Pacific Railway in the 1860s. Today Plum Creek Timber owns and manages timber lands in the United States. The company engages in the sale and management of timber lands, and the sale of nonstrategic timber lands. It also produces a line of softwood lumber products, including common and select boards, studs, edge-glued boards, and finger-jointed studs. These products are targeted to domestic lumber retailers, such as retail home centers, for use in repair and remodeling projects. These products are also sold to stocking distributors for use in home construction. In addition, the company engages in the natural resource businesses that focus on opportunities relating to mineral extraction, natural gas production, and communication and transportation rights of way. As of December 31, 2004, the company owned and managed approximately 7.8 million acres (32,000 km²) of timber lands in the northwest, southern, and northeast U.S. , as well as owned and operated 10 wood product conversion facilities in the northwest U.S. There is some controversy over the management of Plum Creek's timberland, mostly from environmental groups who decry the recent move from Plum Creek as a timber management company into a developer of its land, taking advantage of the much more profitable land values that have occurred for undeveloped land in the late 1990s to the present. Plum Creek is engaged in a proposal for a large resort and development tract in the Northern Maine Woods, on Moosehead Lake by Greenville, Maine, one of the largest undeveloped forests east of the Mississippi. This follows on the heels of their development of managed land in Washington state and Montana into high class resorts, bringing golf courses and luxury housing into the deep forests. The debate pits conservation groups trying to balance recreation and protection, and the effects of sprawl and over-development upon wildlife, quality of life, and the employment of local populations who depend in part on the hunting, fishing and tourist trades which may be damaged by the over-development of the area.
  • Plum Creek Timber ist der größte private Landeigentümer in den Vereinigten Staaten mit Firmensitz in Seattle. Das Unternehmen ist im S&P 500 gelistet. Der größte Teil des Landbesitzes wurde als Holzfällerland erworben. Plum Creek wurde von Burlington Resources (ehemals Teil vom Unternehmen Burlington Northern Railroad) am 8. Juni 1989 abgetrennt. Plum Creek wandelte sich am 1. Juli 1999 zu einem Real Estate Investment Trust um. Plum Creek Timber verkauft und managt Immobilien. Des Weiteren produziert das Unternehmen Produkte aus Holz und stellt Papier und Pappe her. Am 31. Dezember 2004 gehörten dem Unternehmen rund 32.000 km² Land in den Vereinigten Staaten.
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  • Rick R. Holley, CEO, President, & Executive Director
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  • Plum Creek Timber is the largest private landowner in the United States. Most of its lands were originally purchased as timberland. Headquartered in Suite 4300 at 999 Third Avenue in Seattle, Plum Creek was spun off from Burlington Resources as a master limited partnership on June 8, 1989. It converted to a real estate investment trust on July 1, 1999.
  • Plum Creek Timber ist der größte private Landeigentümer in den Vereinigten Staaten mit Firmensitz in Seattle. Das Unternehmen ist im S&P 500 gelistet. Der größte Teil des Landbesitzes wurde als Holzfällerland erworben. Plum Creek wurde von Burlington Resources (ehemals Teil vom Unternehmen Burlington Northern Railroad) am 8. Juni 1989 abgetrennt. Plum Creek wandelte sich am 1. Juli 1999 zu einem Real Estate Investment Trust um. Plum Creek Timber verkauft und managt Immobilien.
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  • Plum Creek Timber
  • Plum Creek Timber
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  • Plum Creek Timber Co.
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