Weyco Expects Strong Growth
Weyerhaeuser Co. hosted an Investor Day in December and outlined the company’s strategic growth plan and financial targets through 2030.
“Weyerhaeuser stands alone in the timberlands, wood products and land solutions space as the only large cap, integrated investment opportunity poised for accelerated growth,” says Devin Stockfish, President and CEO. “Over the next five years, we intend to catalyze growth initiatives across the entirety of our integrated portfolio to significantly grow the value and cash generation capabilities of our company and further strengthen our competitive position.”
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Uniboard Modernization On Track At Val-d’Or
Uniboard reports its $350 million particleboard plant modernization program is going as planned at Val-d’Or, Quebec; originally announced in June 2022, this is the third phase of its modernization for its particleboard and TFL mill. More than $100 million was invested in Phase 1 and Phase 2, which were…
Jim Herold Retires From Rainier Veneer
Rainier Veneer, Inc., Spanaway, Wash., announced that Plant Manager Jim Herold retired the first of June after 25 years as manager. Previously Herold worked at Roseburg Forest Products where he was plant manager of the Dillard plywood mill. He began his career at RFP after graduating from Oregon State University in 1974…
West Fraser Announces Senior Leadership Transition Plan
Hank Ketcham, Chairman of West Fraser’s Board of Directors, announced that Ray Ferris, current West Fraser President and Chief Executive Officer, plans to retire on December 31, 2023. Ferris has been with West Fraser for over 26 years in increasingly senior positions culminating in his appointment as President and Chief Operating Officer in 2018 and as a director of the Company in 2019…
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