Scott Timber buys 7 million board feet of federal timber for $1.7 million
September 24, 2020 | 3:10 pm CDT
COOS COUNTY, Ore. - The Bureau of Land Management's (BLM) Coos Bay District has sold 7.3 million board feet of timber to Oregon-based Scott Timber Co for $1.72 million.
Scott Timber company was the highest bidder, beating out three other companies, according to a press release from BLM.
Formed under President Truman, The Bureau of Land Management (BLM) is an agency within the United States Department of the Interior responsible for administering public lands. With oversight over 247.3 million acres, it governs one eighth of the country's landmass.
The BLM manages 2.4 million acres of forests and woodlands in western Oregon, under three management programs: the Oregon and California Revested (O&C) Lands, CBWR Lands, and public domain lands.
Founded in Portland, Oregon, Scott Timber is a lumber distributor exclusively for the state of Hawaii. The company is affiliated with a network of mills throughout the Pacific Northwest.
Have something to say? Share your thoughts with us in the comments below.