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
Kalmar Forklifts ChargePod
Kalmar, part of Cargotec, has launched its containerized ChargePod solution for electrically powered forklifts. The solution addresses growing customer demand for cost-effective mobile outdoor charging solutions and is ideal for customers…
SFPA, Hatton-Brown Join Forces For 2021 Conference
Southern Forest Products Assn. (SFPA) and Hatton-Brown Publishers, Inc., publishers of Timber Processing magazine, have announced a collaboration…
John Porter Price Kept Expanding Horizons
John Porter Price, a patent inventor of the rotary drum debarker for debarking treelength logs and who developed a highly successful business on the concept of starting up and operating independent chip mills…
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.