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Home > Company Index > Materials & Construction > Lumber, Wood Production & Timber Operations > Plum Creek Timber Company, Inc.

Plum Creek Timber Company, Inc.
NYSE: PCL
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 NEWS FROM THE WIRES
Shareholders OK Plum Creek's Timber Co acquisition
Aug 15 2001 11:26 AM PDT

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 PROFILE
Plum Creek Timber Company has more roots than Alex Haley. The company owns 3.2 million acres of timberlands in Arkansas, Idaho, Louisiana, Maine, Montana, and Washington. Plum Creek produces lumber, plywood, and medium-density fiberboard at four lumber mills, two plywood plants, two lumber remanufacturing facilities, and one medium-density fiberboard facility. Plum Creek sells its timber products through 49 independent warehouses located throughout the US. The company has agreed to buy all of Georgia-Pacific's US timberland (The Timber Company) in a deal worth about $4 billion. The deal will make Plum Creek the second largest owner of US timberlands with 7.9 million acres.

 COMPETITION
Alliance Forest Products Inc. (PFA)
Doman Industries Limited (DOMA)
Fletcher Challenge Forests Limited (FFS)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 209.10
1-Yr. Sales Growth: (54.6)%
Employees: 2,500
Revenue per employee: $83,640.00

 KEY PEOPLE
• Rick R. Holley
    CEO
• William R. Brown
    CFO

 CONTACT INFO
999 Third Ave., Ste. 2300
Seattle, WA 98104
US
Phone: 206-467-3600
Fax: 206-467-3795
Online: Web Site

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