Weyerhaeuser Co., headquartered in Seattle, employs 9,318 people and manages 10.5 million acres of timberlands. Its segments include Timberlands, Real Estate & ENR, and Wood Products, serving various markets.
WY has been in the news recently: Weyerhaeuser Company has sold its lumber mill in Princeton, British Columbia, to Gorman Group for approximately $120 million CAD and is acquiring 117,000 acres of timberlands in North Carolina and Virginia from Roanoke Timberlands LLC for $375 million. These transactions are aimed at strengthening Weyerhaeuser's position in the timber industry and ensuring a smooth transition for the affected communities.
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