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
Raute PRS R5 Proving Itself
Raute introduced its Panel Repair Station (PRS) R5 the plywood industry in 2020. Soon there will be 13 units operating in North America. Measuring 33 ft. by 26 ft., the R5 is no larger than most manual repair cells. It requires no foundations, meaning it can be up and running within two weeks of delivery…
India’s Greenpanel Grows With MDF
India’s largest MDF manufacturer, Greenpanel Industries Ltd., has ordered its third MDF plant from Dieffenbacher. The new thin-board line based on Dieffenbacher’s smart plant concept, CEBRO, will be added in Routhusuramala, Andhra Pradesh. That’s the same site where Greenpanel commissioned a Dieffenbacher MDF line with a 56 m long CPS, the longest continuous press in…
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!