ASSOCIATED PRESS
KALISPELL –
A Georgia-based investment group has confirmed it is buying 1,000 square miles
of timberland in Montana from Weyerhaeuser.
An attorney
for Southern Pine Plantation told the “Flathead Beacon” the timberland
investment company is buying the land and has no plans to change Weyerhaeuser’s
long-standing practices related to public access, forest management, grazing,
existing outfitting agreements and conservation easements.
Seattle-based
Weyerhaeuser announced the $145 million cash sale on Dec. 17 without naming the
buyer.
Weyerhaeuser
owns 1,375 square miles (3,561 square kilometers) of timberland
in Montana. The sale is expected to close by June 2020.
