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
New Sawmill Is Planned For Near Forks
He’s back. Phil Johnson, who was one of the principals and helped to build sawmill operations called Lewis County Forest Products in Winlock, Wash. and Mason County Forest Products in Shelton, Wash., is in the sawmill development business again with Spencer Forest Products and its proposed softwood sawmill in…
New Year Brings In Housing Starts Dip
U.S. housing starts dropped 4.1% in January 2022 from December 2021 to a seasonally adjusted annual rate of 1.638 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report. Single-family starts in January were…
Schooler Is Leaving Big Shoes To Fill
Article by Rich Donnell, Editor-in-Chief, Timber Processing January/February 2022 – We’ve always considered our 34th Person of the Year, Eric Schooler, as one of the good guys. One reason, rather selfishly on our part, is because during his tenures at Hampton Lumber and Collins Companies, when we called up and…
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.