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Land Resources / News / Maine
New Hampshire timber company buys 3200 acres next to Arcadia
Source: bangordailynews.com, by Bill Trotter
December 20, 2011 
Ending years of speculation about what might happen to a pristine chunk of forest land located next to Acadia National Park, a New Hampshire firm announced Tuesday that it is buying more than 3,000 acres of land on the Schoodic peninsula. The Lyme Timber Company of Hanover, N.H., is buying approximately 3,200 acres of land from Winter Harbor Holdings LLC, the timber company indicated in a prepared statement. Winter Harbor Holdings is owned in part by Bruno and Vittorio Modena, a father-and-son millionaire duo from Milan, Italy, who first acquired the property in the 1980s.
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