GLG News by Council Members Knowledgeable about Tissue Paper

The designation of forest land as higher and better use, HBU is becoming more important in the valuation of large Timberland transactions.  The definition of HBU has broadened into more nontraditional forestry uses.  Up to the mid-1980s, HBU was pretty much considered to be waterfront properties...

Forestry like many other operations has its own vocabulary which it can be confusing to other professions.  Here's a partial list of terms and acronyms which made find helpful   Ownership Structures and related terms   REIT - this refers to a Real Estate Investment Trust that among other...

Think back to about a decade ago, things in the Integrated Forest Products were going well. The Mega take over’s and Corporate Raids were pretty much over – Sir James Goldsmiths et al. had raided Crown Zellerback, and forced Champion International to "White Night" Saint Regis to avoid being dismantled....

When building an enterprise wide geographic information system GIS, utilize the industry data standards that are already in place.  By far the largest developer of software in the GIS area ESRI, which was founded in 1969 in California.  Today the flagship product of ESRI...

This line of reasoning is pretty close to the Timber Relief legislation that WY has been lobbying pretty heavily for, especially from the states of Washington and Arkansas, which contain many acres of Weyerhaeuser lands. The logic is that C-Corp (or Fee) timberlands are "double taxed" as...

The BOW-ATB merger was completed on Oct 29th, 2007, and the DOJ is mandating the sale of the Abitibi newsprint mill located at Snowflake, AZ, which ironically, is one of the best newsprint mill in the US.   The really difficult decisions are production curtailment or reallocation of tonnage...

For more than a year there has been strong conjecture that Weyerhaeuser, the last of the wood products giants still standing as a vertically integrated company, would soon follow Plum Creek, Potlatch, Rayonier & others and restructure itself as a Timber REIT.  The naming of Daniel Fulton, VP...

Okay so now you decide to form a REIT.  What are the rules and regulations which must be followed to convert our timberlands to a REIT?   1.  The 100 owner rule states that there can be no more than 100 owners,  and one individual owner cannot have more than 9.9% of the...

Over the last 10 years over 20 million acres of C-Corp ownership have been converted from fee simple to Timber Management Organization (TIMOs) and REITs.  The last holdout and the one of the largest landowners of all time is the Weyerhaeuser Corporation.  WY owns about 6.8 million acres of...

Three important industry segments, newsprint (and its related grades of SC and mechanical specialites), Uncoated FreeSheet (UFS) and Coated FreeSheet have all experienced significant declines in overall North American demand.  Something has to be done if prices are going to keep up with rising...