Forest Service Paving the Way for Plum Creek?
January 1, 2009 by Eric OKeefe
The nation’s largest landowner may be getting a last-minute, going-away gift from the Bush Administration. The Forest Service may amend existing easements, a step that would allow Plum Creek Timber (NYSE:PCL) to pave roads through USFS land. Such a move would facilitate an important first step for the giant timber REIT as it converts forested acreage to residential developments. Read the complete story here.
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