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Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Global / North America
November 22, 2017

Roseburg announces sale of its timberlands in California

Roseburg announces sale of its timberlands in California
Roseburg Resources Co. has announced an agreement to sell its California timberlands to a timberland investment vehicle managed by New Forests.     The transaction includes 170,000 acres in northern California, United States (U.S.), largely located in the Siskiyou and Shasta counties.    Roseburg’s California timberlands are investment-grade with a long history of professional management.    However, Roseburg Forest Products will retain ownership of its veneer facility located in Weed, California, U.S.    “The sale of our California timberlands would not be possible without ...

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