INT’L PAPER SELLS ANOTHER 275,000 ACRES

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INT’L PAPER SELLS ANOTHER 275,000 ACRES

 user 2006-04-12 at 11:04:00 am Views: 54
  • #15000

    IP sells off another 275,000 acres
    April
    2006 – Stamford (CT): International Paper has signed a $137 million
    agreement with The Lyme Timber Co for the sale of about 275,000 acres
    of land in New York’s Adirondack Park to benefit the Lyme Forest
    Fund.The sale is part of IP’s previously announced plan to sell 5.7
    million of its 6.3 million acres of US forestland for the approximate
    price of $6.6 million.