We’ve also made additional investments through our partnership with institutional investors known as the World Timberfund. This partnership currently holds a 97 percent interest in a venture that has acquired 234,000 acres of private agricultural land in Uruguay that is being converted into plantation forests.

Lower costs and improve quality. To maximize the returns, we manage our timberlands as if they were a stand-alone operation. This means reducing costs and improving the quality of our product. We’ve reduced overhead costs by improving work systems and eliminating redundancy and waste. >