Sierra Pacific Industries (SPI) plans to acquire Seneca and affiliates, combining two complementary, family-owned forest products businesses. Both SPI and Seneca have a strong focus on sustainable tree management, also managing their timberland for thriving wildlife, healthy watersheds and soils, and world-class recreation. Seneca CEO Todd Payne says, “At Seneca, we grow more than we harvest annually. We have 92% more timber on our land today than we had 25 years ago. SPI also grows more than they harvest. Under their forest management plan they expect ...
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