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
CLT Will Be Part of Upcoming Atlanta Conference
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); One of the main sessions during the upcoming Panel & Engineered Lumber International Conference to be held in Atlanta March 12-13, 2020 concerns mass timber products, marketing and construction. Several speakers…
Timber Processing Person of the Year
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Timber Processing magazine will announce its 32nd annual Person of the Year award in the combined January-February issue. The 2020 Person of the Year will be featured in the issue, and…
Governor Visit Highlights Hurst Boiler Operations
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); As part of an ongoing tour to highlight products made in Georgia, Governor Brian Kemp visited Hurst Boiler & Welding Co. Inc. in Coolidge, Georgia. in early December. A key forest…
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.