SDS Lumber and Timber Co. has been a forest products industry fixture since the 1940’s. The Bingen, Washington-based company manages nearly 100,000 acres of Pacific Northwest forest reserves on top of it mill operations. Last year’s unexpected announcement that SDS planned to sell off it mills, properties, and extensive timber assets prompted a wave of concern through the Columbia River Gorge community and well beyond.
Late last week, a consortium of three separate entities were announced as the new owners: the Seattle-based, multi-tiered management and investment company Twin Creeks Timber; the Carson, Washington-based lumber company Wilkins, Kaiser & Olsen, Inc. (WKO); and (3) The Conservation Fund, a national nonprofit dedicated to land and water resource protection, climate change mitigation, and sustainable community and economic development.
In a September 30, 2021 press release, SDS Lumber Companies President Jeff Webber said, “Each of these entities brings deep expertise. Under their ownership and leadership there will be ongoing positive economic and environmental impacts for Bingen, the Gorge, and the entire Northwest.”
The transaction is expected to close in Q4 of 2021.
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Buyers revealed for major acquisition of Columbia River Gorge mill, timberlands