Finch Paper sells 161,000 acres in Adirondack Park

Largest Private Land Holdings in the Adirondacks

Yesterday Finch Paper announced that they sold 161,000 acres of forest land to the Nature Conservancy for $110 million. Finch Paper has been a solid steward of this property for more than 100 years when the company Finch Holding first began accumulating Adirondack land for timber harvesting.

In what has been described as the largest private land holding in the Adirondack Park is now in the hands of the Nature Conservancy for the rest of time. This parcel is a beautiful forest and is filled with hills, streams and gorges. This is prime Adirondack forest and the purchase by the Nature Conservancy will protect this parcel from future development.

This sale comes just a matter of weeks after the family owned Finch Paper was sold to a private equity group. The stated intention of the new owners of Finch Paper is to maintain paper production at its Glenn Falls, NY paper mill. It is not uncommon for paper companies to sell off timber lands and this sale of the 161,00 acres would be consistent with this recent industry trend.