Weyerhaeuser Buys 69,000 Acres

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639582902982-0'); });

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.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639582954267-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639582856622-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639582757459-0'); });

Latest News

Barge Forest Products Announces $8.3 Million Investment In Mississippi

News

« Older Entries

Have A Question?

Send Us A Message

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639500751622-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639500818059-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639500940511-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639500977671-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639582567642-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1639582612640-0'); });