BLM sells 16.7 mmbf of timber in Oregon's Polk, Linn and Marion counties in four separate sales for just under US$3.3M; buyers are Freres Lumber, Hampton Tree Farms
September 12, 2013
– Approximately 16.7 million board feet (MMBF) of timber was offered for sale at oral auction by the Bureau of Land Management (BLM), Salem District, on Wednesday, September 11, 2013. The four timber sales offered were sold for a total of $3,273,369.
The Rabinsky’s Cube Timber Sale of 4 MMBF, located 4 miles west of Scappoose in Columbia County, was purchased by Hampton Tree Farms for the appraised price of $902.478. There were no other bidders on the parcel.
The Upper Warnicke Timber Sale of 4.7 MMBF, located 10 miles southwest of Grand Ronde in Polk County, was purchased by Hampton Tree Farms for the appraised price of $857,665. There were no other bidders on the parcel.
The Crab Race Timber Sale of 6.3 MMBF, located 9 miles southeast of Lebanon, in Linn County, was purchased by Freres Lumber Company for $1,112,873. The timber was appraised at $1,047,181. There was one other bidder on the parcel.
The Power House Timber Sale of 1.6 MMBF, located 8 miles northwest of Mehama in Marion County, was purchased by Freres Lumber Company for $400,354. The timber was appraised at $261,374. There was one other bidder on the parcel.
About the BLM:The BLM manages more land – 253 million surface acres – than any other Federal agency. This land, known as the National System of Public Lands, is primarily located in 12 Western States, including Alaska. The Bureau, with a budget of about $1 billion, also administers 700 million acres of sub-surface mineral estate throughout the nation. The BLM’s multiple-use mission is to sustain the health and productivity of the public lands for the use and enjoyment of present and future generations. The Bureau accomplishes this by managing such activities as outdoor recreation, livestock grazing, mineral development, and energy production, and by conserving natural, historical, cultural, and other resources on public lands.