The Traverse City Record-Eagle reports that Plum Creek Timber Co. of Seattle, one of the nation's largest corporate timberland owners, plans to buy 650,000 acres of forest in Michigan's Upper Peninsula. The $345 million deal is expected to be concluded later this year, making Plum Creek the biggest private landowner in Michigan. The company says it plans to keep much of the land open to open for hunting, fishing, snowmobiling and other recreation, and keep it from being fragmented.
Also see 650,000 acres in U.P.; Land deal struck in the Mining Journal
Plum Creek Timber Co. web site

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