News Desk, Timberland

Landmark Sale of 310,000 Acres Completed

In one of the largest conservation purchases to date, Plum Creek (PCL) completed the sale of a huge swath of Western Montana to the US Forest Service and Montana’s Fish, Wildlife and Parks Department. Swiss philanthropist Hansjorg Wyss jump-started the deal with a $25 million donation that he subsequently upped to $35 million. Other funding sources included the State of Montana, which contributed $65 million, and the Department of Agriculture, whose $250 million expenditure was arranged by Sen. Max Baucus.

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