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First take/merger

To a degree not seen since the early days of timber in the northwest – and even then, probably, since the scope of it then was smaller – private timber production in the Northwest is about to become very heavily dominated by one company. That is the Weyerhaeuser Company, which had just announced its merger with Plum Creek Timber; the size and scope of that merger can be indicated by the $8.4 billion dollar amount attached to it. (The merger is expected to be complete sometime in the first half of next year.) Weyerhaeuser has been the big name traditionally in Northwest timber; Plum Creek has been a major player in the inland Northwest for many years. (Both are based in King County.) What will the merger mean in the structure of the Northwest economy? Hard to be sure, immediately. But it does turn the unified firm into a giant player in the region. – rs

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