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
Sneak Peek At Woodworking Innovations: Ligna 2017 Preview
A sneak peek at some of the new woodworking technology and innovations on display at LIGNA 2017 was given to more than 70 journalists from 28 countries at a special event hosted by show organizer Deutsche Messe. The world’s largest woodworking event, LIGNA will be...
Australian CLT Made From Local Plantation Timber
The long wait for Australian-made cross laminated timber (CLT) is nearly over. Xlam Australia will open its first CLT manufacturing plant in Wodonga and be producing panels for construction by the close of 2017. The company shared its plans to build a factory in the...
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!