Blue Heron Paper Company is 100% employee owned.

In May 2000, employees partnered with KPS Special Situations Fund, L.P., a New York City-based private equity fund to purchase the Oregon City paper mill that is now Blue Heron Paper Company. The KPS Fund, as the controlling investor, owned 60%. The employees owned 40% through an employee stock ownership plan (ESOP).

In September 2006, the remaining shares owned by KPS Special Situations Fund, L.P. were purchased by the employee stock ownership plan (ESOP) so that the employees own 100% of Blue Heron Paper Company. In addition to stock ownership, the plan includes a profit-sharing program and employee membership on the Board of Directors.