In the last 8 years, Maine residents have witnessed dramatic land sales of Maine's North Woods. The extent & nature of those transactions and the insufficiency of public funds remind us that the places that Maine people value and depend on are vulnerable. Since 1998 33.3% of Maine’s land or 7,125,107 acres has changed hands in Maine’s North Woods.
A brief chronology of recent transactions:
September, 2006 Roxanne Quimby purchased 23,000 acres from H.C Haynes/Crawford for slightly more than $10 million. The land is located to the east of Baxter State Park, and just south of Katahdin Lake.
April 7, 2005 Fraser Papers sold 240,000 acres to
a partnership that will manage the land and continue to provide Fraser
with wood fiber. Fraser said it sold the property, which is mostly
in the southeastern portion of Aroostook County, to Heartland Forestland
Fund V for $80.5 million. The partnership is owned by The Forestland
Group, which owns and manages about 1.5 million acres of timberland
in 11 states, but none in New England until the deal with Fraser.
December 14, 2004 Plum Creek announced that it has
signed an agreement to purchase 48,500 acres of timberland in Maine's
Moosehead Lake and Sebec regions. This acquisition includes 19,000
acres in the town of Bowerbank, 8,900 acres in Beaver Cove Township,
and 20,600 acres in Indian Stream and Squaretown Townships.
November 10, 2004, International Paper announced
a definitive agreement to sell its Maine and New Hampshire forestlands,
totaling approximately 1.1 million acres, to GMO Renewable Resources,
LLC, (GMORR) a private forest investment management company, for approximately
$250 million, or about $250/acre. The new landowner plans on keeping
the land in SFI certification.
November 2004, White Birch LLC sold 61,000 acres
in the upper St John Valley to Timbervest, an investment company from
Georgia. The new land owner has indicated that is will continue lease
to the maple syrup industry who has nearly $40 million dollars invested
in the land.
April 2004, H. C Haynes purchased all of T 37 in
Washington County, nearly 24,000 acres for an unknown amount from
IP. Included in this purchase are the Old Stream Lakes and Chain Lakes.
March 3, 2004, Roxanne Quimby's purchased 9,894 acres
in Township 3 Range 7 east of Baxter State Park for $4 million from
Hancock Timber Resources Group. This property contains most of the
northern third of T3R7 including the East Branch of the Penobscot
River, the Sebois River and Wassataquoik Stream and abuts the state's
2,340-acre public reserved unit on the Wassataquoik.
March 2004, a Connecticut investor group called
White Birch Paper Ltd. acquired the 61,689 acres in the St John River
valley along the western boarder with Canada along with mills and
land in Quebec, from Enron.
January 24, 2004, Hancock Timber Resources Group
sold a 5,103 parcel in Township 1 Range 7 NWP to Linkletter Timberlands
LLC for $1.056 million.
January 22, 2004, Silas Ames Sr. and sons purchased
6,035 acres in Township 3 Range 9 for $1.903,000 from Hancock Timber
Resources Group.
January 6, 2004, Gov. John Baldacci on Monday announced
completion of a $31.8 million deal that bars development across 329,000
acres in the heart of Maine's North Woods. The West Branch Project,
which was launched four years ago, encompasses the state's largest
contiguous tract of undeveloped forest ever granted permanent protection.
December 9, 2003, the Appalachian Mountain Club bought
36,691 acres in the heart of the famed Hundred Mile Wilderness to
establish a Maine base of operations. The land, known as the Katahdin
Iron Works (KI) property, was purchased from International Paper Co.
(IP) in a transaction facilitated by the Trust for Public Land (TPL).
Located 10 miles east of the town of Greenville on Moosehead Lake,
the property includes most of Township 7 Range 9, the western part
of Bowdoin College Grant East township and the eastern part of Bowdoin
College Grant West township.
November 24, 2003 Roxanne Quimby purchased all 24,083
acres of Township 5 Range 8 WELS from Irving Woodlands LLC for $12,041,500.
The East Branch of the Penobscot River flows through this township
adjacent to Baxter State Park.
October 9, 2003, The Machias River Project Phase
one closes protecting more than 210 miles shoreline and portions of
six key tributaries. A mix of conservation easement and outright purchase
will conserve nearly 25,000 acres at a cost of $7.8 million. The partners
in Phase I of the Machias River Project include International Paper,
the Atlantic Salmon Commission, the Maine Department of Conservation,
the Machias River Watershed Council, Maine’s Congressional delegation
and The Nature Conservancy.
October 3, 2003, MeadWestvaco Corp. has reached an
agreement to sell 629,000 acres of forestland in Maine and New Hampshire
to a group of anonymous buyers for more than $125 million. The land
will be managed by Wagner Forest Management Ltd. of Lyme, N.H., which
represents the buyers and has agreed to a 50-year contract to supply
wood to the Rumford mill.
September 9, 2003, The Nature Conservancy and one of Maine’s
most active logging contractors, H.C. Haynes Inc., reached an agreement
to conserve nearly 10,000 acres and more than 12 miles along Spring
River and the West Branch of the Narraguagus River. The property,
known as the Spring River block, abuts the state’s Donnell Pond
Unit, and would create a 24,000-acre swath of conservation land in
Hancock County.
August 27, 2003, Herb Haynes and William Gardner,
two of Maine’s most successful logging contractors-turned-landowners,
have signed agreements to buy 47,000 acres for a total of $30 million
or more bordering the east side of Baxter State Park.
August 7, 2003, Carrier Timberlands bought
30,000 acres from Hancock Timber resources for $12.2 Million. This
purchase includes the south slopes of Whitecap and boarders both the
Appalachian Trail and Gulf Hagas.
June 7, 2003, The New England Forestry Foundation
(NEFF) and the Downeast Lakes Land Trust announce the Downeast Lakes
Forestry Partnership. The project involves three purchases: The Spednic
Lake/St. Croix River shoreline conservation corridor (3,019 acres)
will be acquired by the State of Maine, a purchase that closed on
March 20, 2003. The Farm Cove Peninsula lands (27,080) westerly of
Grand Lake Stream will be purchased and managed by the Downeast Lakes
Land Trust. New England Forestry Foundation will purchase a conservation
easement over the “Sunrise Tree Farm” and acquire an easement
over Farm Cove from Downeast Lakes Land Trust.
June 1, 2003, Herb Haynes and his son, Jay Haynes,
bought Irving’s interest in 12,500 acres of Township 5 Range
7 and Township 4 Range 7 on the east side of the East Branch, and
within view of Baxter State Park. Haynes reportedly paid $6 million,
or $475 an acre for the parcel.
March 20, 2003, The New England Forestry Foundation
(NEFF) and its partners raised more than $2.5 million to purchase
a 500-foot, 50-mile conservation corridor on Spednic Lake and the
upper St. Croix River, which they assigned today to the people of
the State of Maine. The project completes a decade-long conservation
effort by the State, the Province of New Brunswick, the St. Croix
International Waterway Commission and the Woodie Wheaton Land Trust
to protect one of the most pristine stretches of boundary water in
eastern North America.
March 3, 2003, Hancock Timber Resources Group announces
that they will put 212,314 acres out to bid – their entire ownership
in the Northern Forest. 55,459 acres of this bid package is in Maine
Including two parcels adjacent to the Appalachian Trail.
December 9, 2002, the Trust for Public Land purchased
and donated nearly 3,800 acres of land on the summit of Tumbledown
Mountain to the state, along with a conservation easement on 7,800
acres surrounding the mountain.
Fall 2002, McDonald has placed 25,531 acres for sale
around Loon Lake and Caucomgomoc Lake in the northwestern corner of
Piscataquis County, marketing it as a kingdom lot. This outstanding
property is bordered on two sides by Pingree Forest easement lands
and on a third by The Nature Conservancy’s St John River holdings.
September 27, 2002, MeadWestvaco announced that it
plans to sell 700,000 acres of “non-strategic” lands in
its portfolio. The company owns nearly six million acres worldwide
and 550,000 acres in Maine, most of it around Flagstaff and the Rangeley
Lakes. While MeadWestvaco has not yet identified which, if any, non-strategic
areas in Maine it plans to sell, the company owns a large tract in
the headwaters of the Androscoggin River, an area the Northern Forest
Alliance has identified as a high priority area for land conservation.
August 2002, International Paper announces plans
to sell off 17,760 acres in seven different parcels. The largest parcel
is 6421 acres and the smallest is 585. Most of the parcels are on
former Champion International lands, and fueled fears in Downeast
Maine, that IP will be slowly selling off it’s holdings leading
to forest fragmentation and timber liquidation.
May 22, 2002, Billionaire entrepreneur John C. Malone
has purchased the 53,524-acre Frontier Forest parcel in the western
mountains from Hancock Timber Resources Group, for 14 million dollars.
A local group had been pressing for state acquisition of the parcel.
August 27, 2002, Great Northern Paper, Inc. and The
Nature Conservancy today announced an unprecedented partnership designed
to protect both jobs and forestland around Mount Katahdin. The non-profit
conservation group has agreed to provide low-cost, long-term financing
for Great Northern Paper. The company will place a conservation easement
on 200,000 acres of forestland around Mount Katahdin, which will guarantee
public access, traditional recreational uses, sustainable forestry,
and no future development. In addition, the company will transfer
41,000 acres in the fabled Debsconeag Lakes wilderness area to the
conservation group.
December 7, 2001, The northern region operations
manager for International Paper’s forest resources division
says that approximately 90,000 acres of the company’s Maine
timberland has been sold and he anticipates selling an additional
40,000 acres. Several recent sales have included: 8,349 acres in Whiting,
Edmunds, Northfield, Marshfield, and Whitneyville to H.C. Haynes,
a Winn timber-harvesting company for $1,588,125; 2,681 acres in Cutler,
Trescott, and Whiting to DMG Enterprises of Dennysville; and 6,000
acres in Addison, Columbia, Columbia Falls, and Jonesboro to Worcester
Holdings LLC of Columbia.
November 2001, An 8,300-acre parcel of mountain peaks,
lakes, ponds and streams - billed as the Saddleback Lake and Mountain
Preserve - is listed on the market with Sotheby’s International
Realty for $12 million. According to a brochure, Sotheby’s claims,
“ The entire property has been conceptually identified as appropriate
for large-scale development…Alternatively, the property could
represent the ultimate retreat for a family or a select group of individuals
to relish its natural setting…”
Summer 2001, Hancock Timber Resources Group lists
85,700 of its acres for sale with LandVest’s Timberland Group.
The 53,524-acre “Frontier Forest” is listed for $17,750,000
and the 32,181-acre “Katahdin Forest” is listed for $11
million.
July 31, 2001, Plum Creek Timber Company’s
intentions to sell 89 lots on First Roach Pond, located east of Moosehead
Lake and adjacent to the village of Kokadjo in Frenchtown Township
become public. The plan calls for 62 shorefront lots and 27 back lots
to be created on 272 acres around the lake. The lots are clustered
in nine areas and range in size from two to eleven acres. An additional
163 acres of land surrounding the clusters would be held in common
by the lot owners.
April 18, 2001, Mead Corp., an Ohio-based corporation,
sells 20,000 acres of remote forestland to Richard H. Brown, a wealthy
Texas technology company executive. The transaction encompasses nearly
all of the East Middlesex Canal Grant which includes shoreline on
Moosehead Lake, remote ponds including most of Spencer Pond, remote
mountains including Little Spencer, and vast forestland.
January 30, 2001, Daishowa Paper Manufacturing Co.,
Ltd. of Japan announced today that it has entered into an agreement
for the sale of the shares of Daishowa Forest Products Ltd., which
includes 60,000 acres of land in Maine’s St John valley known
as the Ste-Aurelie timberlands. The agreement was signed between Enron
Industrial Markets, LLC, a wholly owned subsidiary of Enron Corp.
of the United States and Daishowa North America Corporation, a wholly
owned subsidiary of Daishowa Paper.
October 12, 2000, The Maine Times reports
that Hancock Timber Resources Group is selling 44 percent, or 150,000
acres of its Maine lands. According to Henry Whittemore, Hancock’s
Northeast forester, investors want to cash out to realize profits
and/or to raise money to invest in other geographic areas. The lands
include part of or are adjacent to important natural landmarks such
as the Attean-Holeb lakes, the Katahdin Iron Works/Gulf Hagas area,
Bald Mountain Pond and the Appalachian Trail.
July 2000, Plum Creek sells 7,500 acres of pristine
shorefront property on Spencer Lake to billionaire media mogul John
Malone. Having already owned over 8,000 acres, the Plum Creek deal
gives Malone complete ownership of the entire shoreline on Spencer
Lake. The deal signifies that Plum Creek is ready to sell some of
its 905,000 acres to private individuals. The purchase price was estimated
at $10 million, or $1,330 an acre. Spencer Lake is located in the
middle of the Northern Forest Alliance’s Western Mountains Wildland.
June 6, 2000, Central Maine Power Company announces
it is selling 5,000 acres of land along two of the state’s prime
white water rafting rivers – the Kennebec and the Dead. The
State, which has “first dibs”, hopes to buy and protect
the property. The property includes some of the most primitive river
frontage in the Northeast.
April 25, 2000, International Paper (IP) made a successful
bid to acquire Champion International Company after engaging in a
bidding war with UPM-Kymmene of Finland. Included in IP’s new
holdings are 913,000 acres of Down East Maine, including extensive
stretches of the Machias, East Machias and Narraguagas Rivers and
1st, 2nd, 3rd, most of 4th and 5th Machias Lakes. The new company
will also own the 1,000-employee Bucksport paper mill.
August 12, 1999, International Paper Company sells
245,000 acres of timberland surrounding 10 miles of the Allagash Wilderness
Waterway to Clayton Lake Woodlands LLC for an undisclosed sum. The
key partners in Clayton Lake Woodlands are Logging and Lumber, a sawmill
subsidiary of Materiel Blanchet of St. Pamphile, Quebec, and Pelletier
& Pelletier, a logging company based in Fort Kent.
July 28, 1999, The Bangor Daily News discloses that
Bowater will sell approximately 380,000 acres of forestland and two
mills in Maine to Inexcon of Quebec, Canada, for $250 million. The
parcel includes land surrounding the three Debsconeag Lakes, Rainbow
Lake and forestlands extending from the shores of Chesuncook Lake
east to Baxter State Park and south to the state’s Nahmakanta
tract.
April 26, 1999, Georgia Pacific announces it is selling
446,000 acres of land in Washington County to unidentified investors
for an undisclosed amount. G-P’s lands in Washington County
include headwaters of the Machias, East Machias, and Dennys Rivers,
extensive shoreline along the St. Croix River, the largest of Maine’s
Grand Lakes, and extensive shoreline along many of the most pristine
Down East lakes.
April 9, 1999, Georgia Pacific Corp. confirms it
is negotiating to sell 446,000 acres of land in Washington County;
the same day they announce the sale of all of their Canadian timberlands
-- 390,000 acres --to the province of New Brunswick for $41 million.
March 25, 1999, Governor King, the Trust for Public
Land, and Plum Creek announce a $5.26 million land swap and purchase
deal that awaits legislative approval (SINCE APPROVED). If funded,
the public would own of 65 miles of shoreline on Moosehead and Flagstaff
lakes and the Kennebec River. As part of the complex deal, the Trust
for Appalachian Trail Lands plans to purchase 4,000 acres on Mount
Abraham from Plum Creek and donate the land to the state. Also, conservation
easements would be placed along parts of the Dead and Kennebec rivers
in Bowtown Township.
March 18, 1999, Three Alabama-based corporations
-- New River Ltd., Franklin Ltd., and Buckfield Timber LLC of Birmingham
- purchase 91,000 acres of Maine woodland from a United Timber Corp.
subsidiary, as part of a Chapter 11 bankruptcy agreement with its
creditors. Foresters are inventorying the acreage to determine which
lands may be sold for development. The lands include forests near
Mount Blue State Park and the much-enjoyed Tumbledown and Blueberry
Mountains.
December 15, 1998, International Paper sells 185,000
acres of remote land along the St. John River to The Nature Conservancy
for $35.1 million. The land will be protected from development.
November 2, 1998, Bowater, Inc. announces it is selling
656,000 acres of forestland in Maine to McDonald Investment Company,
Inc. of Birmingham, AL, for $155 million. The parcel includes land
north of Moosehead Lake, surrounding Lobster Lake, and the headwaters
of the St. John River, including the entire Baker Branch watershed
and three remote ponds as well as major stretches of the West Branch
of the Penobscot River.
October 21, 1998, Bowater announces that it is selling
911,000 acres of timberland and a sawmill in Maine to J.D. Irving
Ltd. of Saint John, New Brunswick, for $220 million. When the sale
was finalized, on March 12, Bowater Inc. announced it had sold 981,000
acres, plus the sawmill, for $216 million. The sale includes lands
from the east side of Chamberlain Lake to the Allagash Wilderness
Waterway and Baxter region, the confluence of the St. John and Allagash
Rivers and three complete townships adjacent to the eastern border
of Baxter State Park, including shoreline on the East Branch of the
Penobscot River and Katahdin Lake.
October 19, 1998, South Carolina-based Bowater, Inc.
announces that it will explore selling a substantial amount of its
2 million acres of Maine forestlands.
October 6, 1998, Plum Creek Company, LP of Seattle,
Washington announces their purchase of 905,000 acres from South African
Pulp and Paper International (Sappi) for $180 million - less than
$200 per acre. The lands include 60 miles of undeveloped shoreline
along Moosehead Lake, more than half of the shoreline of Spencer Lake,
the Moose River Bow Trip region, Bald Mountain Pond, many miles of
shoreline of the Kennebec River, and high-value mountains near the
Appalachian Trail including most of Mt. Crocker, and portions of Mt.
Abraham, Spaulding Mountain and Sugarloaf Mountain.
June 3, 1998, Sappi Fine Paper North America, a subsidiary
of South Africa-based SAPPI Limited, announces that they have put
all of their Maine timber holdings on the market.


