by Web Editor | Jul 2, 2018 | News
Pacific Northwest Weyerhaeuser Employees Vote On Union Strike Authority
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376180744-0'); });
About 1,200 Weyerhaeuser Co. employees in Washington and Oregon voted overwhelmingly Thursday to give the regional woodworkers union strike authority, paving the way for a work stoppage if negotiators continue to disagree on terms of a new labor contract.
The final ballot tally was more than 90 percent in favor of strike authority, said Wayne Thompson, district business representative of the International Aerospace and Machinists/Woodworkers Local District W24 Lodge. The vote total included ballots from nearly 400 union sawmill and other workers in Longview-based Woodworkers Local 536. Workers from Coos Bay, Ore., to Aberdeen, Wash., also participated in the vote.
Union members also voted down the most recent version of a proposed contract by roughly the same margin, Thompson said Friday. “I’ve never seen our crews this solid,” he said. Thompson said negotiators are still working with Weyerhaeuser representatives to get back to the bargaining table.
“We are disappointed in this outcome, but optimistic that we can continue to work with union leaders to reach a mutually acceptable agreement,” Weyerhaeuser said Friday in a statement.
No date has been set for a strike, but no further contract talks are scheduled, Thompson said. However, an official at Woodworkers Local 24 in the Raymond area said the union and company have scheduled talks on July 10-11, the Raymond, Wash.-based Willapa Harbor Herald reported late Friday afternoon.
From The Daily News: tdn.com
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548375988914-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1589916740199-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376916922-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376961890-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548377005333-0'); });
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!
by Web Editor | Oct 14, 2016 | News
Real estate investment trust Weyerhaeuser Co. said on Wednesday it was exploring strategic alternatives, including a possible sale, for its timberlands and manufacturing operations in Uruguay.
The Uruguay operations include more than 300,000 acres of timberlands in northeastern and north central Uruguay, a plywood and veneer manufacturing facility, a cogeneration facility and a seedling nursery, the company said.
“This is a strategic revision with various possibilities: one is a sale but another is maintaining operations just as they are today,” the company’s South America Director Alvaro Molinari told Reuters.
Weyerhaeuser has been restructuring its business since it bought Plum Creek Timber Co. Inc in February, combining the two largest owners of timberland in the United States. Since then, Weyerhaeuser has said it would sell its pulp business to International Paper Co. for $2.2 billion and its liquid packaging unit to Nippon Paper Industries Co. Ltd for about $285 million.
Weyerhaeuser said this month it would sell its North Pacific paper unit to private company One Rock Capital Partners LLC.
From Reuters: https://www.reuters.com/article/weyerhaeuser-divestiture-idUSL4N1CI4DI
by Web Editor | Nov 9, 2015 | News
From: Panel World Staff
Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT (Real Estate Investment Trust) with more than 13 million acres of timberland in the U.S.
The combined company will retain the Weyerhaeuser name. As previously announced, Weyerhaeuser intends to move its headquarters to Seattle in mid-2016. Weyerhaeuser brings nearly 7 million acres and Plum Creek 6.3 million acres to the deal.
Weyerhaeuser also announced it is exploring “strategic alternatives” for its Cellulose Fibers business, including a possible sale. The company’s Cellulose Fibers business includes pulp mills in Port Wentworth, Ga.; Vanceboro, NC; Grande Prairie, Alberta; and a modified fiber mill in Columbus, Miss.; as well as other facilities internationally.
Plum Creek operates a medium density fiberboard plant, plywood mill and a board sawmill in Columbia Falls, Mont.; a plywood mill in Kalispell, Mont.; and a stud mill in Kalispell/Evergreen, Mont.
Weyerhaeuser operates approximately 11 sawmills in the Southern U.S., four in the Northwest and three in Canada. It also operates various engineered wood products facilities in North America.
Weyerhaeuser’s Doyle Simons will serve as president and CEO of the combined company. Plum Creek’s Rick Holley will serve as non-executive chairman of Weyerhaeuser’s board, which will be expanded to 13 directors, which will include eight directors from Weyerhaeuser and five from Plum Creek.
The transaction requires the approval of shareholders of both Weyerhaeuser and Plum Creek and is subject to customary closing conditions. The transaction is expected to close in late first quarter or early second quarter of 2016.
by Site Manager | Sep 12, 2011 | News, Update
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376180744-0'); });
Weyerhaeuser Co. has sold its hardwood lumber business, Northwest Hardwoods, to American Industrial Partners (AIP), which will operate the business as Northwest Hardwoods, Inc., headquartered in Tacoma, Wash.
T.J. Rosengarth, most recently the COO of Flakeboard and a long-time officer for companies in the composite panel industry, becomes CEO of Northwest Hardwoods, Inc.
Northwest Hardwoods, Inc., with approximately 1,000 employees, sells hardwood lumber through its seven primary sawmills, four concentration yards, four remanufacturing plants and one merchandising log yard, all in the U.S.
American Industrial Partners is a private equity firm.
RELATED NEWS
COLLINS APPOINTS TJ ROSENGARTH PRESIDENT & CEO
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548375988914-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1589916740199-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376916922-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376961890-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548377005333-0'); });
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!
