Michigan-California Timber Company Sold to New Forests
On June 1, 2022 The Gonyea Family sold the 108,000 acres of forestland in Northern California that was managed by The Michigan-California Timber Company (MCTC) to New Forests, a global investment manager. Timber Products and New Forests have entered into a long-term timber supply agreement to ensure a stable future log supply for Timber Products Yreka Veneer operation. “MCTC has sustainably managed these timberlands since 1994 and we are proud of our stewardship,” says Chris Chase, General Manager for MCTC. “Our manufacturing affiliate, Timber Products Company, looks forward to working with New Forests as a key supplier of logs through a long-term timber supply agreement.”
The Gonyea family is committed to the long-term success of Timber Products. The company has plans for further capital improvements and growth.
About Timber Products
Founded in 1918, Timber Products Company produces a wide range of diversified wood products. Best known for its hardwood plywood, the company is committed to environmental sustainability and offers an integrated approach to manufacturing with nine manufacturing facilities, an international division, and a nationwide transportation and logistics division. Learn more at: timberproducts.com
Contact:
Chris Knowles – (541) 744 – 4223
Source: Timber Products Co. Limited Partnership
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