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Plum Creek Timber Company Inc (NYSE:PCL)

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Volume: 5.4K
SECTOR
Finance
INDUSTRY
Real Estate Investment Trusts
MARKET CAP
$7.2B

Company Description

Plum Creek Timber Co., Inc. is a timberland owner in the United States of America. It involves in the harvesting of trees, selling the timberland and converting trees into lumber, plywood and other wood products. It operates through five business segments: Northern Resources, Southern Resources, The Real Estate, Manufacturing, and Energy and Natural Resources. The Northern Resources segment consists of timberlands in Maine, Michigan, Montana, New Hampshire, Oregon, Vermont, Washington, West Virginia and Wisconsin. The Southern Resources segment consists of timberlands in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Texas and Virginia. It sells primarily softwood sawlogs and pulpwood. The Real Estate segment comprises sales of higher timberlands and sales of non-strategic timberlands. The Manufacturing segment consists of two lumber mills, two plywood mills, two medium density fiberboard facilities in Montana and one lumber remanufacturing facility in Idaho. The Energy and Natural Resources segment includes its natural resource businesses that focus on opportunities for oil and natural gas production, construction aggregates and mineral extraction, wind power and communication. The company was founded in 1989 and is headquartered in Seattle, WA.

Contact Information

Plum Creek Timber Co., Inc.
601 Union Street
Seattle Washington 98101
P:(206) 467-3600
Investor Relations:

Employees

Shareholders

Other institutional39.13%
Mutual fund holders35.68%
Individual stakeholders0.78%

Top Executives

Rick R. HolleyChief Executive Officer & Director
Thomas M. LindquistPresident & Chief Operating Officer
David W. LambertChief Financial Officer & Senior Vice President
Mark A. MillerChief Information Officer & Vice President
James A. KraftSecretary, Senior Vice President & General Counsel