Weyerhaeuser Co. v. Town of Hancock

This is an appeal by the Weyerhaeuser Company from a decision of the Vermont Board of Appraisers as to the valuation of the corporation’s plant in Hancock for the tax year 1985. We affirm in part, but remand the matter for further findings on valuation of the machinery and equipment.

Taxpayer’s facility in Hancock is used for the manufacture of plywood panels and consists of a building on 153 acres, together with machinery and equipment. Some one hundred acres of the total parcel is mountain woodland adjacent to the site and is considered glebe land1 in accordance with the terms of a 999-year…