Manulife Investment Management, previously known as Hancock Timber Resource Group, oversees approximately 5.5 million acres of certified timberland across several countries, including the United States, Canada, New Zealand, Australia, Brazil, and Chile.

The new mill will be tooled to cut hardwood lumber, an unusual move in Oregon where the vast majority of mills process softwoods such as Douglas fir and Ponderosa pine, the state’s most common tree species. The mill is expected to be operating at full capacity by June 2025.