The Simpson Investment Company is a company based in
McCleary, Washington
McCleary () is a city in Grays Harbor County, Washington, United States. The population was 1,997 at the 2020 census.
History
Henry McCleary came to the land in 1897, building two sawmills and a door manufacturing company. He sold the land a ...
in the US
Pacific Northwest
The Pacific Northwest (sometimes Cascadia, or simply abbreviated as PNW) is a geographic region in western North America bounded by its coastal waters of the Pacific Ocean to the west and, loosely, by the Rocky Mountains to the east. Though ...
that specializes in manufacture of
forest products
A forest product is any material derived from forestry for direct consumption or commercial use, such as lumber, paper, or fodder for livestock. Wood, by far the dominant product of forests, is used for many purposes, such as wood fuel (e.g. in fo ...
. Founded as a logging company in 1890 by Sol Simpson, the company now functions as a
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
for the ''Simpson Door Company'', a manufacturer of wood doors.
Simpson announced in 2008 that it will be entering the "green power" industry by building a new power plant at its Tacoma Tideflats mill that will generate power via the burning of sawmill and other forest waste. In August 2009, construction of the power plant was completed. It generates 55 megawatts of power which is sold to
Iberdrola Renovables
Iberdrola Renovables was a subsidiary of Iberdrola, headquartered in Valencia, Spain, which included companies in the domains of renewable energy, particularly wind power. The firm was the world's largest renewable energy firm: it was the wor ...
and used by the
Sacramento Municipal Utility District
The Sacramento Municipal Utility District (SMUD) is a community-owned electric utility serving Sacramento County and parts of Placer County. It is one of the ten largest publicly owned utilities in the United States, generating the bulk of its po ...
. The company is owned by the
Reed family
The Reed family is an American business family who focuses on landownership. The family currently controls Simpson Investment Company, established 1890, and its spin-off Green Diamond Resource. The family owns 1.37 million acres across California ...
. William G. Reed Jr is a chairman on the board.
Divisions
The company was split into two units in 2006. The Green Diamond Resource Company is a
spinoff that was created to manage Simpson's forest lands. Both companies are owned by the same shareholders and as with the current subsidiaries, function as separate departments within a large company rather than as completely independent companies.
After the split, the three operating subsidiaries of Simpson Investment Company are Simpson Timber Company, Simpson Paper Company, and Simpson Door Company.
Former divisions
The Simpson Lumber Company conducted logging operations and was based in
Shelton, Washington
Shelton is a city in, and the county seat of, Mason County, Washington, United States. Shelton is the westernmost city on Puget Sound. The population was 10,371 at the 2020 census. Shelton has a council–manager form of government and was th ...
. Four mills were sold to
Interfor and the Shelton property was sold to
Sierra Pacific Industries
Sierra Pacific Industries is the second-largest lumber producer in the United States. Located in Anderson, California
Anderson is a city in Shasta County, California, approximately 10 miles south of Redding. Its population is 11,323 as of th ...
.
The "Simpson
Tacoma Kraft Company" produced pulpwood and
linerboard products. Previously owned by St. Regis the mill was acquired by Simpson in 1985 and sold to
RockTenn
RockTenn was an American paper and packaging manufacturer based in Norcross, Georgia. In 2015, it merged with MeadWestvaco to form the WestRock company.
It was one of North America's leading producers of corrugated and consumer packaging an ...
Railroad
The Simpson Company built and operated a logging railroad known as the ''Simpson Railroad''. When it closed in July 2015 it was the last logging railroad operations in the continental United and dates back 120 years. The railroad was once extensive and branched out into several hundred miles of forestland in the
Olympic Peninsula
The Olympic Peninsula is a large arm of land in western Washington that lies across Puget Sound from Seattle, and contains Olympic National Park. It is bounded on the west by the Pacific Ocean, the north by the Strait of Juan de Fuca, an ...
but at the end was limited to just ten miles of operational track. The rail line was to transport lumber and as a transportation network to remote logging camps and towns. Construction of the railroad line was an engineering feat as demonstrated by the large and complex bridges built to span gorges and the mountainous terrain the railroad traveled through. The Vance Creek Bridge and the
High Steel Bridge
The High Steel Bridge is a truss arch bridge that spans the south fork of the Skokomish River, on National Forest Service road #2340 in Mason County, Washington, near the city of Shelton. The bridge is long, and its deck is above the river.
His ...
were built in 1929 and used until 1985 when the line was abandoned. The Vance Creek Bridge still stands, and the High Steel Bridge is still in use as a
forest road
Forest tracks or forest roads are roads or tracks intended to carry motorised vehicles or horse-drawn wagons being used mainly or exclusively for forestry purposes, such as conservation or logging. Forest tracks may be open to ramblers or mounta ...
. The High Steel Bridge is one of the tallest rail bridges in the United States and has been listed in the
National Register of Historic Places
The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures and objects deemed worthy of preservation for their historical significance or "great artist ...
.
In January 2019, Green Diamond Resources leased the railroad's remaining 10 miles, plus sidings, to the Peninsular Railway and Lumbermen's Museum, a locally based 501(c)3 non-profit organization. The all-volunteer group is advancing plans to operate several Simpson locomotives and other rolling stock for tourist trains designed to highlight the significant role lumbering and the railroad played in developing the economies of the local area, the Olympic Peninsula, and the entire Pacific Northwest. The name “Simpson Railroad” and associated graphics and logos have been licensed by Simpson for the museum's use.
[https://www.simpsonrailroad.org Simpson Railroad Website]
During the summer months portions of the track are also used for pedal car tours by the
Vance Creek Railriders Vance may refer to:
Locations United States
*Vance, Alabama, a town
*Vance Township, Vermilion County, Illinois
* Vance, Mississippi, an unincorporated community
* Vance, Nebraska, an unincorporated community
*Vance County, North Carolina
*Vance, ...
.
References
External links
{{Commons category
Bloomberg profile
Forest products companies of the United States
Washington (state) railroads
Logging railroads in the United States
Companies based in Mason County, Washington