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 Central Credit Union Arena To Use Engineered Wood
Idaho Central Credit Union Arena To Use Engineered Wood The University of Idaho broke ground on its long-awaited Idaho Central Credit Union (ICCU) Arena. The 4,200-capacity engineered wood mass-timber facility is slated to open in 2021 as home court for Vandal...
Tolko’s Armstrong And Soda Creek Lumber Mills To Take Downtime
Tolko Industries announced its Armstrong and Soda Creek lumber operations would take downtime during the weeks of May 27 and June 3. “High log costs and weak market conditions continue to impact our lumber operating footprint in British Columbia,” says Vice President...
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!