New Forests has acquired 44,200 acres of forestry assets in Washington State from Campbell Global. The plantation consists mainly of Douglas-fir and western hemlock and sits near domestic processing facilities and log export terminals. The company plans to keep an active harvest program while exploring carbon project development, conservation easements, and renewable energy opportunities on the land. The acquisition expands New Forests' U.S. footprint, which already includes assets in Northern California, Southwestern Oregon, and the U.S. South. The property supports habitat for species like the marbled murrelet and northern spotted owl. For carbon market watchers, this deal shows how timberland owners are increasingly layering carbon revenue onto traditional forestry operations without stopping harvests entirely.
