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
U.S. Forest Service Celebrates CLT During Forest Products Week
From October 21-27, 2018, we celebrate the value of America’s forests and recognize how vital they are to our well-being and national prosperity during National Forest Products Week. This week is recognized each year by a Presidential proclamation. At the USDA Forest...
The Martins Do It Again
Nearly ninety-five years after Roy Otis Martin purchased Creston Lumber Mill in Alexandria, Louisiana for $32,000 and renamed it Roy O. Martin Lumber Company, the Martins have started up a $280 million Greenfield oriented strandboard plant in Corrigan, Texas…
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!