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, Washington and Oregon, and is as of 2017[update] the fifth-largest private landowner in the United States.
In 1925, the company opened its first sawmill, the Reed Mill, and entered the hemlock lumber manufacturing business.
[2] In 2014, the Reed family purchased 600,000 acres of Oregon timberland, putting them fifth on the largest US landowners list.
[3] As of 2017, the Reed family remains the fifth-largest private landowner in the United States, owning 1.37 million acres across California, Washington and Oregon[4][5]