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Weyerhaeuser Buys Plum Creek, May Sell Pulp Mills

From: Southern Loggin’ Times Staff Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT (Real Estate Investment Trust)...

Plum Creek Predicts Surge For Louisiana Timber Industry

One of northern Louisiana’s largest private owners of timberlands, Plum Creek, said the industry is poised for a resurgence here and throughout the South. Steve Hanley and April Salter of Plum Creek, which owns about 400,000 acres in northern Louisiana, spoke to The...