Reed Family

#5 on the LR 100

For more than 130 years, this sixth-generation, family-owned forest-products-company has grown and nurtured its landholdings in the West and, more recently, the Southeast. GREEN DIAMOND RESOURCE COMPANY was founded in 1890 as Simpson Logging Company by Sol Simpson. The lumberman was a tireless innovator whose many advances included the introduction of mechanized log-hauling machines. In addition to its deeded ownership, Green Diamond Management Company has an undisclosed interest in Twin Creeks Timber LLC, a 609,000-acre joint venture with Silver Creek Capital Management. All of the joint venture’s working forests in the West and the Southeast are certified under the Sustainable Forestry Initiative (SFI) standards.

As a sixth-generation, family-owned forest stewardship company that has been in operation for 135 years, Seattle-based GREEN DIAMOND RESOURCE COMPANY long ago put down roots throughout the Pacific Northwest. Now Green Diamond has expanded its landholdings to include 291,000 acres of forestland in Northwest Montana.

Green Diamond owns approximately 1.661 million acres of forestland across Washington, Oregon, California, and Montana. In 2021, the company purchased the 291,000 acres in Northwest Montana from Southern Pine Plantations with the intention to manage the land consistent with the company’s core values and with an eye towards long-term stewardship of these forests.

In October, the Montana Land Board confirmed a proposal enabling the Montana Department of Fish, Wildlife and Parks to purchase a conservation easement on 32,821 acres near Kalispell from Green Diamond as part of the Montana Great Outdoors Project. Organizers hope to complete a second phase in 2025 and increase the easement total to 85,792 acres, spanning Flathead, Lincoln, and Sanders Counties.

For this first phase, Green Diamond donated $13.7 million of the easement’s appraised value of $39.3 million. The remaining funds were provided through organizations and grants from Habitat Montana and the US Forest Service Forest Legacy Program.

Green Diamond currently produces 2 million board feet of logs per year from the property and hopes to increase that number in the coming decades. In addition to the company’s focus on sustainable forest management and the delivery of logs to local mills, it also has a growing portfolio of forest-carbon offset projects. A hallmark of Green Diamond’s management style is its willingness to explore new methods, markets, and opportunities.

Rank:

#5

Total Acres:

1,661,000

States:

California, Washington and Oregon

Black Bear in Woods

LR100_05_Reed_LucasTownsend

@ Lucas Townsend

Reed Family

#5 on the LR 100

Black Bear in Woods

LR100_05_Reed_LucasTownsend

@ Lucas Townsend

For more than 130 years, this sixth-generation, family-owned forest-products-company has grown and nurtured its landholdings in the West and, more recently, the Southeast. GREEN DIAMOND RESOURCE COMPANY was founded in 1890 as Simpson Logging Company by Sol Simpson. The lumberman was a tireless innovator whose many advances included the introduction of mechanized log-hauling machines. In addition to its deeded ownership, Green Diamond Management Company has an undisclosed interest in Twin Creeks Timber LLC, a 609,000-acre joint venture with Silver Creek Capital Management. All of the joint venture’s working forests in the West and the Southeast are certified under the Sustainable Forestry Initiative (SFI) standards.

As a sixth-generation, family-owned forest stewardship company that has been in operation for 135 years, Seattle-based GREEN DIAMOND RESOURCE COMPANY long ago put down roots throughout the Pacific Northwest. Now Green Diamond has expanded its landholdings to include 291,000 acres of forestland in Northwest Montana.

Green Diamond owns approximately 1.661 million acres of forestland across Washington, Oregon, California, and Montana. In 2021, the company purchased the 291,000 acres in Northwest Montana from Southern Pine Plantations with the intention to manage the land consistent with the company’s core values and with an eye towards long-term stewardship of these forests.

In October, the Montana Land Board confirmed a proposal enabling the Montana Department of Fish, Wildlife and Parks to purchase a conservation easement on 32,821 acres near Kalispell from Green Diamond as part of the Montana Great Outdoors Project. Organizers hope to complete a second phase in 2025 and increase the easement total to 85,792 acres, spanning Flathead, Lincoln, and Sanders Counties.

For this first phase, Green Diamond donated $13.7 million of the easement’s appraised value of $39.3 million. The remaining funds were provided through organizations and grants from Habitat Montana and the US Forest Service Forest Legacy Program.

Green Diamond currently produces 2 million board feet of logs per year from the property and hopes to increase that number in the coming decades. In addition to the company’s focus on sustainable forest management and the delivery of logs to local mills, it also has a growing portfolio of forest-carbon offset projects. A hallmark of Green Diamond’s management style is its willingness to explore new methods, markets, and opportunities.

Rank:

#5

Total Acres:

1,661,000

States:

California, Washington and Oregon

Articles Featuring The Reed Family

Land Report Winter 2023

The Magazine Of The American Landowner

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Articles Featuring The Reed Family

https://landreport.com/the-land-report-winter-2023

The Magazine Of The American Landowner

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