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
Hancock Lumber To Acquire Massachusetts Lumberyard
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Hancock Lumber has announced plans to acquire Johnson Lumber, a single-location lumberyard located in Salisbury, Mass. The transaction is expected to close on May 31, with the location officially beginning operations…
Glen Duysen, 96, Remembered For Always Stepping Up
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Glen H. Duysen, co-founder of Sierra Forest Products, and a leader in the Western timber industry, died February 7. He was 96. Duysen was a past president of the Western Timber…
SFPA Announces 2024 Safety Award Winners
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Southern Forest Products Assn. (SFPA) announced the recipients of the John Edgar Rhodes 2024 Sawmill Safety Excellence Awards, which embody the impact, dedication, and legacy of the association’s founding leader, John…
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.