North Pacific Group (NOR PAC), founded in 1948 as ''North Pacific Lumber Company'', headquartered in
Portland, Oregon
Portland (, ) is a port city in the Pacific Northwest and the largest city in the U.S. state of Oregon. Situated at the confluence of the Willamette and Columbia rivers, Portland is the county seat of Multnomah County, the most populous co ...
, was a major
wholesaler
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In g ...
and
distributor
A distributor is an enclosed rotating switch used in spark-ignition internal combustion engines that have mechanically timed ignition. The distributor's main function is to route high voltage current from the ignition coil to the spark plugs ...
of
wood product
Wood is a porous and fibrous structural tissue found in the stems and roots of trees and other woody plants. It is an organic materiala natural composite of cellulose fibers that are strong in tension and embedded in a matrix of lignin tha ...
s,
building material
Building material is material used for construction. Many naturally occurring substances, such as clay, rock (geology), rocks, sand, wood, and even twigs and leaves, have been used to construct buildings. Apart from naturally occurring materia ...
s, steel and agriculture commodities in the United States.
Annual sales exceeded $1.2 billion. The company had 800 employees located in 28 offices and 150 inventory locations in the United States and abroad.
In August 2010, North Pacific announced that it had agreed to sell all of its stock to an unidentified “nationally-recognized
private equity firm
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including lev ...
.”
References
*
*
*
*{{cite web, url=http://www.globalwood.org/company/mgodetail.asp?id=4017, title=Timber & Wood Products Manufacturers and Suppliers - North Pacific Group (NOR PAC), publisher=globalwood.org, accessdate=2016-01-20
External links
*http://www.northpacific.com home page (defunct)
Forest products companies of the United States
Companies based in Portland, Oregon
1948 establishments in Oregon
Privately held companies based in Oregon