Statement by the Pacific Lumber Company Regarding Publication of EIS/EIR Notice in Federal Register.
SCOTIA, Calif.--(BUSINESS WIRE)--Jan. 22, 1999--The Pacific Lumber Company is in the process of receiving the Environmental Impact Statement/Environmental Impact Report (EIS/EIR) and related documents. The company will review them closely and, at the same time, will continue to work diligently with the regulators on the Habitat Conservation Plan/Sustained Yield Plan. As stated previously, until the HCP/SYP is finalized and analyzed, the company cannot concur in its terms. In addition, the Headwaters transaction cannot be completed until all of the other requirements of the 1996 Headwaters Agreement and the federal and California authorizing legislation have been satisfied.