Plum Creek is the largest and most geographically diverse private landowner in the nation, with more than 8 million acres in major timber producing regions of the United States. Plum Creek continually assess the value of the trees growing on teir lands, the value of the natural resources (rocks, sand, minerals, oil and gas) that reside beneath the surface, and the value of the land itself. Their job, as stewards of these assets, is to maximize the value of each of them.The company produces lumber, plywood and medium density fiberboard (MDF) in 10 wood products manufacturing facilities in the Northwest. Plum Creek also operates a real estate development business known as Township 110 Land Company, a taxable REIT subsidiary.
The company is committed to being the premier timberland company by demonstrating leadership and innovation in:
* Identifying opportunities for value growth from their assets.
* Practicing environmentally responsible resource stewardship.
* Achieving superior returns for their owners.
* Engaging with their communities on matters of common interest.
* Consistently providing quality products and services to their customers.
* Selecting business partners that share common values and beliefs.
* Fostering an ethical business culture that encourages ideas and initiative and rewards accomplishments.
Plum Creek is also committed to high standards of corporate governance. This commitment is expressed in a variety of our charters and serves as the foundation of their corporate governance practices.
Plum Creek is a strong community partner throughout their ownership supporting conservation, the environment, wildlife, community organizations and sustainable forestry.
The company (PCL) is listed on the New York Stock Exchange (NYSE) and is part of the S&P 500 and Russell 1000 indexes.