KLAMATH FALLS, OR – JWTR, a recently formed company owned by Richard Wendt, founder of Jeld-Wen Inc., a door and window manufacturer, has purchased 440,000 acres of timber land in southern Oregon for $108 million, according to The Associated Press. A press release from JWTR stated it is not related to Jeld-Wen, but in addition to the mailing address, the land deeds list JWTR in care of Jeld-Wen Inc. Officials at Jeld-Wen headquarters in Klamath Falls, OR, did not comment on the deal. A statement released by JWTR did not give any plans for the property in Klamath, Lake and Jackson counties of Oregon. Read more.
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