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
Oregon’s Warm Springs Forest Products Sawmill Closing
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Fifty years after acquiring a lumber mill on the Warm Springs Indian Reservation, tribal leaders announced the permanent closure and impending bankruptcy and liquidation of the Warm Springs Forest Products Industries…
U.S. Green Building Council To Recognize ATFS Certification
This week, the U.S. Green Building Council (USGBC) announced it is encouraging more responsibly sourced building materials by giving credit for wood from American Tree Farm System (ATFS) certified forests, and other credible forest certification…
Some SYP Independents Stay The Course
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Article by Rich Donnell, Editor-In-Chief, Timber Processing April 2016 Mark Twain wrote: “The reports of my death are greatly exaggerated,” or something to that effect. The same might be said of…
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.