Keweenaw Land Association completes acquisition of 14,035 acres of timberland in Wisconsin for $12.8 million

Tuesday, March 7, 2017 11:15 am

Keweenaw Land Association completes acquisition of 14,035 acres of timberland in Wisconsin for $12.8 million | Wisconsin, acquisition, timberland, Keweenaw Land Association

Keweenaw Land Association, Limited has completed the acquisition of approximately 14,035 acres of timberland in northern Wisconsin from Great Northern Forest, LLC for $12.8 million.

The property is located in Iron County, Wisconsin near Keweenaw's Ironwood log yard and is comprised of a mix of quality northern hardwood and softwood timber. The property has been well-managed and will provide significant near-term harvest volumes and cash flows.

With this acquisition, Keweenaw will own and manage over 182,500 acres in the western Upper Peninsula of Michigan and northern Wisconsin.