Over 290,000 acres of Aroostook, Penobscot and Piscataquis county forestland has been sold by Canopy Timberlands LLC to Tall Timbers Trust in a private transaction for an undisclosed amount.
Forestry consultant Gary Bahlkow told the Bangor Daily News that the owners of Tall Timbers Trust want to fly under-the-radar during a “routine timberland investment transaction,” declining to provide information on the company’s owners or its other Maine land holdings.
According to the BDN, all 290,000 acres of the forestland is within the unorganized territories and the North Maine Woods. Part of the land north of the Baxter Unit, a section of land that begins less than 10 miles north of the Baxter State Park boundary, is over 20 miles from the newly-established Katahdin Woods and Waters National Monument, the BDN reported.
Read more
New program to boost Maine Woods tourism businesses
It’s official: Obama designates north woods national monument
The day after: The response to the Katahdin Woods and Waters National Monument
#MBNext16: After fulfilling a five year dream, Lucas St. Clair still looks to the future
Rebranding a mill town: National monument creates fresh hope for Millinocket region
What does private trust plan to do with 290,000 acres of Maine forest?