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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)...

Timber Industry Booming In Alabama

Contrary to popular belief that urban encroachment is depleting forests, timberland is actually increasing in Alabama. The state now has a record-high 23 million acres of timber, putting it third in the country behind Georgia and Oregon, according to a new report by...