The Nature Conservancy and The Trust for Public Land to Purchase 320,000 Acres of Plum Creek Forestland in Landmark Agreement
Monday, June 30, 2008 11:31 AM
Symbols: PCL

Purchase of Plum Creek Land in Montana Will Protect Working Forests, Promote Public Access, Protect Wildlife Habitat and Continue Sustainable Forestry

Today, The Nature Conservancy and The Trust for Public Land announced they have reached agreement to purchase approximately 320,000 acres of western Montana forestland from Plum Creek Timber Company (NYSE:PCL) for $510 million.

The purchase is part of an effort to keep these forests in productive timber management and protect the area’s clean water and abundant fish and wildlife habitat, while promoting continued public access to these lands for fishing, hiking, hunting and other recreational pursuits.

"This project is a once-in-a lifetime opportunity to protect these lands for our families and future generations," said U.S. Senator Max Baucus (D-MT), who helped facilitate the agreement. "It will keep jobs in Montana, help maintain our communities and our working forests, and preserve public access for hunting and fishing. This will be the most significant land conservation project in the state's history, by far, and I'm proud to be part of it."

The lands in the agreement, which include part of the Swan Valley and areas surrounding Missoula, are located in the heart of the “Crown of the Continent,” one of the most ecologically diverse and intact biological systems remaining in the United States.

“This is a landmark conservation project that will benefit the environment and help to maintain strong local communities,” said Kat Imhoff, state director of The Nature Conservancy in Montana. “We are pleased that we were able to agree on terms that will protect some of the nation’s most important wild areas.”

An important goal of the agreement is the continued support of local timber economies. Though many factors affect the timber industry in western Montana, the conservation of these lands for forest uses will contribute to stability of the land base and its forest productivity. A condition of the agreement provides for continued timber harvesting on some of these lands to help supply Plum Creek mills with wood fiber for up to 15 years. This harvesting will be third-party certified as sustainable forestry.

The lands to be purchased offer habitat for wide-ranging big game animals, grizzly bears, lynx, wolverine, bull trout and numerous other wildlife.


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