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The Weyerhaeuser Company (/ ˈ w ɛər h aʊ z ə r / WAIR-how-zər) is an American timberland company which owns nearly 12,400,000 acres (19,400 sq mi; 50,000 km 2) of timberlands in the U.S., and manages an additional 14,000,000 acres (22,000 sq mi; 57,000 km 2) of timberlands under long-term licenses in Canada. [5]
Island Timberlands LP, a private timberlands business in British Columbia, Canada, was created in 2005 by the purchase of lands from Weyerhaeuser's coastal BC timber estate, which had originally been purchased in 1999 from MacMillan Bloedel. The private managed forest lands comprise approximately 254,000 hectares of forests, both mature and ...
Over the weekend Brookfield Asset Management announced that it and its affiliate Brookfield Infrastructure Partners are selling the Longview Timber business to Weyerhaeuser for $2.65 billion. The ...
Plum Creek Timber Company, Inc. was a timberland owner and manager, as well as a forest products, mineral extraction, and property development company, until it merged with Weyerhaeuser Company. It was headquartered in Suite 3100 at 601 Union Street in Seattle .
Shares of Weyerhaeuser (NYS: WY) hit a 52-week high on Friday. Let's take a look at how it got there and see if clear skies are still in the forecast. How it got hereWeyerhaeuser is benefiting ...
Source: Mickael Delcey. Rayonier is, ostensibly, a lumber real estate investment trust (REIT). Historically, however, the company has spent far more time talking about its fibers business than its ...
Friedrich (Frederick) Weyerhäuser (November 21, 1834 – April 4, 1914 [1]), also spelled Weyerhaeuser, was a German-American timber mogul and founder of the Weyerhaeuser Company, which owns sawmills, paper factories, and other business enterprises as well as large areas of forested land in the northern United States.
Weyerhaeuser will release its quarterly report on Friday, and the timber company has enjoyed a solid year of growth so far. But with comparisons becoming tougher, can Weyerhaeuser both sustain its ...