No. 8 Pingree Heirs
The Pingree family has tended its Maine timberlands for almost two centuries. The family’s patriarch, David Pingree, made his first fortune in New England’s booming shipping trade. Pingree correctly forecast the demise of the whaling industry and hedged his bets by purchasing large tracts in the District of Maine as early as 1820, the year it became the country’s 23rd state. Today, the family’s Seven Islands Land Co. oversees forest land management on much of the acreage that was not placed in a historically large conservation easement. The family’s focus is to grow and manage natural resources with a view toward a stable, continuing forestry business. The family’s lands have been certified as an American Tree Farm by the Forest Stewardship Council and the Sustainable Forestry Initiative.