In 1946, Jack Morgan and his brother Ed purchased the logging division at New Meadows, Idaho, from Boise Payette Lumber Company and formed J. I. Morgan, Inc. In the years that followed, the company was instrumental in the development of the community and contributed in many ways to make New Meadows and the surrounding area a viable and productive place to live. At one time it was the largest independently owned logging company in the Northwest, employing approximately 120 people with a payroll approaching $3 million. Its leaders and employees served in various elected capacities at local and state levels, and the company acted as a good neighbor and pillar of the community by providing important resources whenever needed and anonymously contributing to various causes.