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01-03-2014, 09:55 PM
Olympic Resource Management Announces Alter in Timberland Management Business

of Pope Resources (Nasdaq:POPEZ), together with its client, Hancock Timber Resource Group (HTRG HTRG Hancock Timber Resource Group ), found that the northwest element of an investment vehicle management contract between HTRG also, the California Public Employees' Retirement System (CalPERS) currently under management by ORM continues to be awarded to another party.

ORM may be the western regional manager for HTRG providing timberland management services on approximately 500,000 acres for HTRG in Washington, Oregon, California and British Columbia エアジョーダン11 (http://inboedel.net/images/jordan.html) Bc, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water http://www.naitsa.ca/doc/soccer.html surface, W Canada..

The selection certainly is the response of an RFP (Acquire Proposal) A document that invites a vendor to submit a quotation for hardware, software and/or services. This could supplies a general or very detailed specification from the system.

1. (business) RFP Request for Proposal.

2. process initiated by CalPERS looking for a policy persistence to award the timberland investment management account to several manager.

HTRG will keep to deal with more than 669,000 acres of timberland priced at approximately $814 million located in the northeast and south elements of the states.

ORM continue as western regional timberland manager on approximately 225,000 acres http://www.naitsa.ca/doc/airmax.html for HTRG. "The decision just isn't anticipated to change up the company's earnings in 1999," said Gary F. Tucker, president and ceo of Pope Resources. "The firm is continuing inside the growth mode and definitely will make the most Cap on

v. t. 1. To show (a method) to one's advantage; to use utilise (a state of affairs); to make money from; as, to utilize an opponent's mistakes s>. our solid good reputation for providing several of the highest returns realized by our vacation management clients. Even though decision will present strangling impact on overall earnings while it began with mid2000 that the acreage is not replaced, we loving toward the direction from the company. There exists a strong and successful relationship with HTRG and check toward aggressively pursuing new opportunities at their side."

Bill Coleman, president and ceo of HTRG, said, "Olympic Resource Management has become a crucial partner inside the removing the our northwest timberlands. People are a serious investor around, and now we intend to expand our holdings here. ORM's solid business management accomplishments, along with a strong stewardship ethic, choose this longterm business model an actual winner."