When did Crown Pacific Partners, L.P. become publicly traded?
“Founded in 1988, Crown Pacific’s initial public offering was completed in December 1994. The company completed a second public offering on July 31, 1996, and a third offering in December of 1998.” How much “old growth” forest does Crown Pacific own? “Of the company’s 800,000 acres, less than 10% of Crown Pacific’s trees are older than 100 years, with significantly less considered “old growth.” The company recognizes that some lands are so sensitive that they need complete preservation. When Crown Pacific identifies such tracts, they are either isolated from commercial activity or the land is transferred to a suitable owner, such as The Nature Conservancy. A willingness to enhance and protect company timberlands is central to Crown Pacific’s operating philosophy. It illustrates a belief in the long-term value of the company’s renewable resources, and it also reflects Crown Pacific’s commitment to acting as a responsible steward of the environment and our timberlands.” Debt and delistin
