Timberjack
Overview
 
Timberjack was a manufacturer of forestry machinery for both cut-to-length
Cut-to-length logging
Cut-to-length logging is a mechanized harvesting system in which trees are delimbed and cut to length directly at the stump. CTL is typically a two-man, two-machine operation with a harvester felling, delimbing, and bucking trees and a forwarder transporting the logs from the felling to a landing...

 and whole tree logging who have been a subsidiary of John Deere
John Deere
John Deere was an American blacksmith and manufacturer who founded Deere & Company, one of the largest and leading agricultural and construction equipment manufacturers in the world...

 since 2000.
Timberjack was owned by the Eaton Corporation
Eaton Corporation
Eaton Corporation is a global diversified power management company with 2010 sales of $13.7 billion. The company is a leading provider of electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment;...

 in the 1960s, 1970s and early 1980s. In 1984 Timberjack made a leveraged buyout
Leveraged buyout
A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...

 from Eaton to become an independent company.

Timberjack was acquired by FMG (ForestMachineGroup), owned by Finnish Rauma-Repola.
 
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