Prentiss & Carlisle buys timberland firm
Bangor-based forestry management firm Prentiss & Carlisle has acquired a Vermont-based timberland company for an undisclosed sum.
The acquisition adds Upland Forestry's nearly 270,000 acres of timberland, mainly in New York and Vermont, to the 1.5 million acres P&C currently manages across the country and in Canada, according to a press release. Donald White, president of P&C, said the acquisition will mean new lines of business in the Northeast for the company. Upland owners Joe Nelson and Don Tase will join the P&C leadership team, and its 17 employees will remain with P&C. Upland has offices in Vermont, New York and New Hampshire.
The acquisition makes P&C one of the largest multi-regional management firms in the country, according to the release. Founded in 1924, P&C provides forest management services including forest planning, wood products marketing and timber harvesting and transportation. The company has 77 employees, according to its website.
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