The portfolio of Robert B. Pamplin Jr. includes textile mills, radio stations, bookstores and agriculture operations. His appreciation for history rather than profits played a role in this purchase, however.
The town, located about 70 miles southeast of the Dalles on U.S. 97, was a boomtown at the turn of the century, with vast ranches raising sheep and cattle. It is known as a ghost town but is incorporated and has a couple of dozen residents and a few businesses.
The tycoon also recently purchased the R-2 Ranch, a 55,000-acre cow-calf and hay operation that spans southern Wasco and northern Jefferson counties. Buildings on the property are being repaired and renovated, including a historic house that once served as a stagecoach stop.
Pamplin owns textile mills in the South, Ross Island Sand & Gravel Co. in Portland and a variety of other Oregon businesses, including radio stations; Christian bookstores; and agriculture operations producing berries, beef, wine and filberts.
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