- 3 - Background Petitioner is an Oregon corporation with its principal office in Portland, Oregon. Petitioner operates a vertically integrated forest products manufacturing business, which includes the ownership and processing of trees (raw materials) at various types of manufacturing plants, including lumber mills, plywood plants, and paper mills. The raw materials used in the manufacturing process are derived from petitioner’s trees and from trees grown by others. Approximately 40 percent of petitioner’s timber needs is acquired from petitioner’s timberland, which comprises 1,253,000 acres of forested land. Petitioner suffered damage to some of its standing trees during each of the years in issue, 1992-95. The damage was caused by wind, ice storms, wildfires, or insect infestations. The damage left part of petitioner’s damaged trees standing and part of them fallen. The intended use of the trees was continued growth and cultivation until maturity, at which time the trees would have been systematically and efficiently harvested. The damage occurred prior to the intended time for harvest. Petitioner salvaged its damaged trees to avoid further loss (from decay, insects, etc.) by means of the following steps: (1) Taking down damaged trees that remained standing; (2) cutting damaged trees into standard length logs; (3) stripping the branches from the logs; (4) dragging the logs to a pickup point;Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011