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How Does Seattle-based Plum Creek Add Up in Maine?

• Plum Creek CEO Rick Holley’s annual salary: $5 million
• Average salary of Maine resident (three-year average 2001-03): $37,619
• Price Plum Creek paid for land in Moosehead proposal: $200 per acre
• Price Plum Creek will likely receive on sale of house lots: $200,000 per acre (shorefront)
• Assumed single-family residential unit house in proposed development: $280,000 to construct.
• Maine median value of owner-occupied housing units in 2000: $98,700
• Plum Creek’s net worth (Hoovers, 2005): $4.8 billion
• Amount of corporate income tax Plum Creek pays to the state of Maine: $0
• Amount of corporate income tax Plum Creek pays to the federal government: $0
• Amount Plum Creek was fined for violations of laws protecting Maine forests (largest in Maine history): $57,000

About Seattle-based Plum Creek

• Nation’s largest private land owner: owns 8.2 million acres in 18 states
• Acres owned in Maine: 928,000
• Number of people who live within a day’s drive of Moosehead, many of whom can afford expensive vacation houses: 70 million

For more about Seattle-based Plum Creek’s massive development proposal and what you can do to protect Moosehead, visit www.nrcm.org/issue_plumcreek.asp.