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Garberville, CA

Sierra Pacific makes offer for Palco mill

Timber magnate Red Emerson's Sierra Pacific Industries has offered to buy the Pacific Lumber Co.'s sawmill and power plant and is pledging to pour more than $70 million into improvements there.

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unanonymous
Tamaroa, IL
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Judge it!
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#1
May 13, 2008
 
Looks like MRC is gonna have to sweeten the deal a little.
Yep
Oakland, CA
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#2
May 13, 2008
 
Does SPI watch the cost of fuel? Most of their wood comes over 299. Seems like an extra hour (one way) of hauling would be expensive?
TIMBER BARON
San Francisco, CA
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#3
May 13, 2008
 
Sounds like just the right deal!! Let's get it done.........
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