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Georgia Pacific Corporation transferred the property to a subsidy, The Timber Company, and the property was acquired by Plum Creek Timber Company during a 2001 merger. A local attorney brought a lawsuit in 2002 challenging the legality of a 1987 Legislative act (LSA-R.S. 56:24), that exempted local and state property taxes on corporate forest ...
The land, part of Georgia Pacific's larger timber holdings in the area, was donated to the state by Owen Cheatham in 1945. [10] References
There is some controversy over the management of Plum Creek's timberland, mostly from environmental groups who decry the recent move from Plum Creek as a timber management company into a developer of its land, taking advantage of the much more profitable land values that have occurred for undeveloped land in the late 1990s until the crash in real estate prices.
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Trees are unloaded by a crane at Buckeye’s Foley plant in Taylor County in 2012. The Foley Cellulose mill in Perry, Florida, announced on Sept. 18, 2023, that Georgia-Pacific plans to ...
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