Word: timbered
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Dates: during 2000-2009
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Meyer said he could not comment on Harvard’s investment in the timber industry in the United States and South America...
...purchase it at a price far less than what the property was sold at four or five years ago,” Meyer said. “But the timber industry has been stressed recently...
Despite selling many of its forest assets, Tenon maintains confidence in the resilience of the timber industry as a major source of profit...
Meyer said that Harvard will not face Tenon’s problems since they will not be involved in processing the timber beyond the harvest...
...many cases, forest product companies back out of timber because their timber sales are all tied up with their forest product operations,” Meyer said. “And we don’t have that issue...