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Roseburg Forest Products

From Wikipedia, the free encyclopedia
Roseburg Forest Products
Company typePrivate
IndustryWood–products company
Founded1936; 89 years ago (1936) in Roseburg, Oregon, United States
FounderKenneth W. Ford
Websitewww.roseburg.com

Roseburg Forest Products is a privately owned wood–products company based in Springfield, Oregon. Founded in 1936, the company had approximately 3,000 employees and revenues of nearly US$1 billion in 2012.[1][2] Roseburg Forest Products operates mills throughout Western Oregon, and continues to be held by the founding Ford family.

History

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The company was founded by Kenneth W. Ford in 1936 as Roseburg Lumber in Roseburg, Oregon.[1] In 1979, it acquired 323,000 acres of California forest land from Kimberly-Clark.[3] In the early 1980s it was renamed to Roseburg Forest Products. In 1987, Roseburg acquired California timberland from Diamond International.[4]

It sold off about 45,000 acres (18,000 ha) of timberlands to Sierra Pacific Industries in Northern California in 2004.[5]

In 2010, the company had about 3,000 employees and annual revenues of about $840 million.[6]

In 2012, revenues were about $991 million, and with approximately 3,000 employees making it the fifth largest private company in Oregon.[2]

In August 2014, Roseburg Forest Products received an investment from United Fund Advisors of $10 million.[7]

In 2017, Roseburg Forest Products sold its California forests to New Forests.[8]

See also

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References

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  1. ^ a b "Kenneth W. Ford" (PDF). worldforestry.org. Retrieved 15 December 2018.
  2. ^ a b Jenkins, Tam (July 26, 2013). "The List: Top regional private companies - Portland Business Journal". Portland Business Journal. Retrieved 22 September 2016.
  3. ^ https://www.nytimes.com/1979/09/18/archives/kimberlyclark-sells-california-assets.html
  4. ^ https://www.timbertax.org/research/caselaw/court_cases/r/rlcindustries.pdf
  5. ^ "Roseburg sells California timberlands - Portland Business Journal". Portland Business Journal. August 17, 2004. Retrieved 22 September 2016.
  6. ^ Stevens, Suzanne (July 29, 2011). "List: Oregon's top private companies". Portland Business Journal. Retrieved July 30, 2011.
  7. ^ Giegerich, Andy (August 29, 2014). "Roseburg's forestry workers get $10M boost from investor". Portland Business Journal. Retrieved 22 September 2016.
  8. ^ https://kcby.com/news/local/roseburg-forest-products-to-sell-its-california-timberlands-to-new-forests
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