Plum Creek Timber Company, Inc.Seattle, WA, United States (NYSE: PCL)

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Plum Creek Timber Company Description

On the banks of this Plum Creek, Laura Ingalls Wilder would have had a very different childhood. Real estate investment trust (REIT) Plum Creek Timber is one of the US's largest timber companies, with some 8 million acres of timberland in 18 states. Harvesting old- and new-growth timber, the company sells logs to sawmills and pulp and paper mills; it also produces lumber, plywood, and medium-density fiberboard (MDF). The company also has real estate sales operations, and pursues natural-resource opportunities, including mineral extraction and natural gas production. In an effort to promote environmental conservation, Plum Creek sold approximately 320,000 acres of land to environmental groups in 2008.

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The Company Description provides a historical perspective of Plum Creek Timber's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Plum Creek Timber's evolution in the marketplace.

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