Weyerhaeuser Buys 69,000 Acres
Weyerhaeuser is purchasing 69,200 acres of high-quality Alabama timberlands from Soterra, a subsidiary of Greif, Inc., for $149 million. The acquisition comprises highly productive timberlands in southwest Alabama, 100 miles north of Mobile.
Weyerhaeuser points to the well-stocked timber inventory, including 76% plantation acreage with average age of 14 years, and an opportunity for increased productivity over time
“These timberlands are located in favorable markets and well-integrated with our existing supply chain, and we have strong relationships with a diverse and reliable set of customers in the area,” says Devin Stockfish, President and CEO.
Weyerhaeuser owns or manages nearly 600,000 acres and operates two mills and a nursery in Alabama.
Latest News
PLIB Partners With TP&EE
Hatton-Brown Expositions and Pacific Lumber Inspection Bureau announce that PLIB will participate in the Preferred Partner program with Hatton-Brown’s Timber Processing & Energy Expo (TP&EE), which will be held September 28-30 at the Portland Exposition Center in Portland, Ore…
Pres-To-Logs Has History Of Its Own
Article by Rich Donnell, Editor-in-Chief, Timber Processing April 2022 – The story in this issue on North Idaho Energy Logs, written by David Abbott, caught my attention at the mention of Pres-to-logs. Much of the Idaho company’s success in wood energy markets is because of its energy logs or fire logs composed of…
BC Harvesting Deferrals Kick In
No harvesting will be allowed on nearly 1.7 million hectares (4.2 million acres) of old-growth in British Columbia as the province and First Nations throughout it develop a new approach to sustainable forest management. “Our government’s new vision for forestry is one where we better…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.