Timber industry giant Weyerhaeuser is about to get even bigger. The Federal Way, Washington-based company announced Monday that it's buying Longview Timber in a sale valued at more than $2.6 billion.
Weyerhauser says the purchase will increase its timber holdings in the Pacific Northwest by more than 33 percent. According to Weyerhaeuser and timber industry analysts, it's the third largest timber deal in U.S. history.
For thousands of years, Northwest tribes have used the Columbia River as a regional center of commerce. For the first time this summer, they’re building a new venue for their ancient tradition – a native-owned seafood shop.
A silvery shad slips into an icy bath. Its tail flashes twice as it descends deeper into the chilly water. The fish was netted from the Columbia just moments ago. It’s so fresh it’s still kicking.
Oregon's economic outlook is looking brighter. That's according to state economists, who issued their quarterly revenue forecast Thursday. The news comes as lawmakers get ready to put together the state's next two-year spending plan.
The slow and steady improvement is still steady, just not quite as slow. The overall growth rate is still a bit behind past expansions, but state economist Mark McMullen says some of the factors holding back Oregon's economy are looking better, such as jobs and the housing market.