Posts tagged: Potlatch Corp.
Spokane-based Potlatch Corp. has named Lorrie D. Scott vice president and general counsel for the company.
Scott, notably, holds a doctor of law degree from Harvard and a master’s degree in Old World Archaeology from the University of Chicago, plus a B.A. in anthropology from the University of California at Berkeley.
Yes, here’s where we would normally add some clever comments about how Scott can really dig up solid information.
She replaces Pamela A. Mull who retired in March.
Scott joins Potlatch after working at Weyerhaeuser Company where she was most recently senior vp and general counsel for Weyerhaeuser Realty Investors, a land management subsidiary.
Potlatch Corp. posted lower first quarter earnings of $1.2 million today, compared to $24.8 million during the first quarter of 2009.
Last year’s earnings included $43 million in revenues from the sale of timber land in Arkansas.
Highlights from this quarter included a strengthening in the Spokane-based company’s timber and wood products divisions. Sales of sawlogs increased slighly and prices were also higher. Lumber shipments and lumber prices also increased. During the first quarter, Potlatch sold 2,435 parcels of rural recreational land for approximately $3.1 million.
Potlatch is a real estate investment trust with 1.6 million acres of timberland in Idaho, Arkansas, Minnesota and Wisconsin.
Spokane-based Potlatch Corp. has sold its Post Falls particleboard plant to Todd Brinkmeyer, a former sawmill operator.
The particleboard plant employs about two dozen people, most of whom will keep their jobs. The sale closed on March 12. The purchase price was not disclosed.
The small-scale plant no longer fit into Potlatch’s core mission, which is tied to forestland and lumber production, said Mark Benson, the company’s vice president for public affairs.
“Potlatch will continue to own 840,000 acres of forestland in Idaho, and operate a lumber mill and plywood plant in St. Maries,” he said.
Brinkmeyer could not be reached for comment. He’s the former owner of a sawmill in Plummer that specialized in processing small-diameter logs. Brinkmeyer sold that sawmill in 2006.