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
CalPlant I Nears The Finish (Or Starting) Line
One of the many intriguing tales to emerge from the Panel & Engineered Lumber International Conference & Expo held March 12-13 at the Omni Hotel in Atlanta was the plight of CalPlant I, the new rice straw-based medium density fiberboard plant…
Xylexpo Announces New 2020 Dates
Xylexpo, the premiere Italian woodworking trade show that sees visitors from around the world, will move away from its traditional date in May due to the disruption caused by the COVID-19 pandemic. The show will be held November 10-13, 2020 at…
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!