Weyerhaeuser Enhances Coastal Holdings
Weyerhaeuser Co. entered into two agreements with Forest Investment Associates to divest 69,600 acres in upstate South Carolina for $170 million, and to purchase 60,700 acres of high-quality timberlands in coastal North Carolina, South Carolina and Mississippi for $163 million.
With this transaction, Weyerhaeuser will own or manage more than 870,000 acres of timberlands in North and South Carolina and 1,190,000 in Mississippi. The company employs more than 1,300 people and has significant operations and infrastructure across the three states, including seven mills, two distribution centers, two tree nurseries and multiple mitigation banks and real estate development projects.
RELATED ARTICLES
WEYERHAEUSER PARTNERSHIP FOCUSES ON FIREFIGHTER MENTAL HEALTH
Latest News
Idaho Veneer Closes Doors
Longtime independent veneer producer Idaho Veneer Co. in Post Falls, Id. has closed its doors, as the family ownership decided to sell the mill property, which has slowly “moved” from outside of town to the middle of town as the area has grown…
Gruen-Wald Laminates Orders USNR RF Technology
Gruen-Wald Laminates is investing in a new radio frequency (RF) generator and 24 ft. long curing tunnel from USNR for its fingerjoint line at its plant in Tea, SD. This is the second tunnel at the plant…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
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.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!