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In 1983, Payless Cashways purchased the Sacramento, California–based Lumberjack Stores Inc for $26.3 million (~$67.6 million in 2023). [ 3 ] [ 4 ] In the following year, Payless Cashways purchased the Somerville, Massachusetts –based Somerville Lumber & Supply Company for $12 million in stock.
Sierra Pacific Industries (SPI) is the second-largest lumber producer in the United States. [1] A privately held company, it was co-founded in 1949 by R. H. Emmerson and his son, A. A. "Red" Emmerson, the long-term CEO, and A. A. Emmerson's sons George and Mark are now president and CEO.
Pacific Lumber (or PL, as locals have known it for generations) began during the heat of the US Civil War in 1863 when A. W. McPherson and Henry Wetherbee purchased 6,000 acres (24 km 2) of timberland on California's Eel River at the rate of $1.25 per acre. Over the ensuing 20 years they added more partners and began significant logging by 1882 ...
UFP Industries, Inc. was founded in Michigan in 1955 as a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, industrial and construction.
Although football was his main passion, Anderson's holdings were varied. He held a minority stake in the Pittsburgh Pirates and Sacramento Kings. Also in the mid-1990s, Anderson was owner of the Modesto A's, a farm team of the Oakland Athletics. [6] He is reported to have planned to move the team to Sacramento, but this did not come to fruition.
American Forest Products Corporation (AFPC) was a Fortune 500 [1] company initially producing wooden boxes and shipping materials but expanding into the timber, sawmill, and lumber industries. The company began in the 1920s and operated under the same leadership until it was sold to the Bendix Corporation in 1969.
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Charles R. McCormick Lumber Company was founded in 1908 by Charles R. McCormick in San Francisco, California. McCormick purchased a mill site in St. Helens, and formed the Helens Mill Company . To feed the mill McCormick's St. Helens Timber Company also purchased 4,000 acres of timber.
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