Chinook Forest Partners finalized the purchase today of 50,747 acres of timberland in northwest Washington from Hampton Lumber and Family Forests.
Hampton Lumber manages timberland in Washington to help supply its sawmills in the communities of Morton, Randle, and Darrington. The acreage purchased by Chinook Forest Partners was part of Hampton’s 145,000-acre timberland acquisition from Weyerhaeuser earlier this year. Included in this transaction are 35,867 acres in Chelan and Kittitas counties and 14,880 acres in Snohomish and King County.
“Under Chinook Forest Partners’ ownership, these lands will continue to be an important source of logs for our sawmill in Darrington, while the proceeds from this sale will allow us to invest in additional timberland nearer to our mills,” said Hampton CEO, Steve Zika.
Hampton Lumber is a fourth-generation family-owned company which operates nine sawmills in Oregon, Washington, and British Columbia and markets wood products all over the world.
