POPE RESOURCES LTD PARTNERSHIP Stock, NASDAQ:POPE
Pope Resources, A Delaware Limited Partnership manages timber resources in the United States. It operates through three segments: Fee Timber, Timberland Investment Management, and Real Estate. The Fee Timber segment is involved in growing, managing, harvesting, and marketing timber from 212,000 timberland acres that it owns or manages as tree farms to domestic manufacturers and export brokers. The Timberland Investment Management segment provides management, acquisition, disposition, and consulting services to third-party owners of timberland. This segment also engages in raising investment capital for the funds, as well as acquiring and managing properties on behalf of the funds. The Real Estate segment engages in securing entitlements and/or infrastructure for the development; selling the entitled property to a party who would construct improvements; and leasing residential and commercial properties, as well as a commercial office building. This segment operates a portfolio of approximately 2,200 acres in the west Puget Sound region of Washington. The company sells its logs to lumber and plywood mills, and other wood fiber processors located in western Washington, western Oregon, and northern California, as well as to export intermediaries located at the ports of Longview, Tacoma, Port Angeles, Grays Harbor, and Olympia, Washington; and St. Helens and Astoria, Oregon. It is also involved in commercial thinning operations; and lease ground for cellular communication towers, as well as engages in gravel mine and quarry operations. Pope MGP, Inc. and Pope EGP, Inc. operate as the general partners of the company. Pope Resources, A Delaware Limited Partnership was founded in 1985 and is headquartered in Poulsbo, Washington.