California company buys Oregon wood products firm
EUGENE, Ore. (AP) — A California forest products company has bought Seneca, a Eugene, Oregon-based company that had owned more than 100,000 acres of land in southwestern Oregon. The News-Review reports Sierra Pacific Industries announced last week it had completed the acquisition. The combination of the two companies means Sierra Pacific Industries will have than 2.3 million acres of timberlands, 18 sawmills and eight renewable biomass energy cogeneration facilities, along with millwork and windows operations. Sierra Pacific Industries is based in Anderson, California. It owns and manages timberland in California, Oregon and Washington and is one of the largest U.S. lumber manufacturers.