Net income at Plum Creek Timber increased 26% in the second quarter from a year earlier to reach $44 million, the company announced. Revenues at the timber harvester and lumber manufacturer increased 10% to $284 million. More
Business at Plum Creek Timber Co.'s northern resources segment inched up just enough in the fourth quarter to swing to a $1 million profit from a $1 million operating loss in the year-earlier segment. Meanwhile, the southern resources segment boosted its operating profit roughly 65%, to $28 million from a year-earlier $17 million. More
Plum Creek Timber Co. reported today that its combined timber segments' operating profit climbed to $30 million in the third quarter from $24 million in the year-earlier period, while its manufacturing segment swung to a $7 million operating profit from a $1 million loss during 2009's third quarter. More
