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  September 5, 2001
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Home > Company Index > Materials & Construction > Lumber, Wood Production & Timber Operations > The Timber Company

The Timber Company
NYSE: TGP
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 NEWS FROM THE WIRES
Shareholders OK Plum Creek's Timber Co acquisition
Aug 15 2001 11:26 AM PDT

More WIRE STORIES about this company

 PROFILE
You could call The Timber Company a wood bank for Georgia-Pacific Corporation. The Timber Company owns or leases 4.7 million acres of timberland, primarily in the southern US, but also in Oregon and Appalachia. Its primary products include softwood sawtimber and pulpwood, and hardwood sawtimber and pulpwood. (Sawtimber is suitable for conversion to lumber.) The Timber Company sells about 60% of its timber to corporate sibling Georgia-Pacific Group, a maker of building, paper, and consumer tissue products. Georgia-Pacific Corporation, the parent of both companies, is selling The Timber Company to Plum Creek Timber to help finance its acquisition of paper and tissue maker Fort James.

 COMPETITION
Boise Cascade Corporation (BCC)
International Paper Company (IP)
Weyerhaeuser Company (WY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 394.00
1-Yr. Sales Growth: (21.4)%
Employees: 429
Revenue per employee: $918,414.92

 KEY PEOPLE
• Donald L. Glass
    CEO
• Danny W. Huff
    CFO

 CONTACT INFO
100 Peachtree St., NW
Atlanta, GA 30303
US
Phone: 404-586-0275
Fax: 404-586-9723
Online: Web Site

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