Industry News & Blogs
Weyerhaeuser Now Distributing Versetta Stone(TM) Panelized Stone Veneer in Northeast and
Easy-to-install product offers the beauty of stone on interior or exterior walls for remodeling or new construction
BUSINESS BRIEFING - EARNINGS - A Weak Housing Sector Hurts Weyerhaeuser's Results - Brief -
The Weyerhaeuser Company, the timber business, posted a smaller fourth-quarter loss on Friday, but it still missed Wall Street expectations and its stock fell 2 percent. The company also forecast an operating loss in the first quarter for its wood products sector. ''The weak housing market
International Paper prepares to complete acquisition of Weyerhaeuser’s packaging business
International Paper had one of its strongest quarters in recent years as it prepares to complete the acquisition of Weyerhaeuser's containerboard, packaging, and recycling business. According to Bloomberg.com, the high profits surprised analysts, who attribute the results to price increases and
Weyerhaeuser Deal With Canadian Paper Maker Will Yield Continental Giant - New York Times
The deal highlights the pressure North American-based makers of fine paper are under from lower-cost producers in Chile and Brazil.
BUSINESS BRIEFING - COMPANIES - Weyerhaeuser Breaks Even as Sales Fall - Brief - NYTimes.com
The timber developer Weyerhaeuser posted better-than-expected results on Friday, largely as a result of cost-cutting, as sales fell in all of its units. The company said the slump in the housing industry continued to hurt its performance, and that it had slashed costs by 48 percent to improve
Jobs Cuts at Weyerhaeuser - NYTimes.com
Weyerhaeuser, the forest products giant, said today that it would close a Canadian containerboard mill, cutting 140 jobs, in an effort to streamline its business and increase efficiency. The company said it would close its mill in Sturgeon Falls, Ontario, in early December, eliminating 100,000 tons
COMPANY NEWS - COMPANY NEWS - WEYERHAEUSER TO CUT 90 JOBS AT PENNSYLVANIA MILL - NYTimes.com
The Weyerhaeuser Company said yesterday that it would permanently close a 70-year-old papermaking machine at its Johnsonburg, Pa., fine paper mill, eliminating 90 jobs, as it continues to integrate Willamette Industries into its operations. Two other paper machines at the Johnsonburg site are not
COMPANY NEWS - COMPANY NEWS - WEYERHAEUSER TO CLOSE PLANTS AND CUT 206 JOBS - NYTimes.com
The Weyerhaeuser Company, the lumber and paper producer, said yesterday that it would eliminate 206 jobs as it closes plants in Colorado, Louisiana and Oregon after its purchase of Willamette Industries. Weyerhaeuser, based in Federal Way, Wash., will eliminate 83 jobs in Denver by closing a
COMPANY NEWS - COMPANY NEWS - BOWATER TO SELL ONTARIO PAPER MILL TO WEYERHAEUSER - NYTimes.com
The newsprint and paper manufacturer Bowater Inc. said yesterday that it had agreed to sell its Ontario fine paper mill and related assets to the Weyerhaeuser Company for about $520 million. Bowater, which is based in Greenville, S.C., acquired the mill last month when it bought the Canadian
COMPANY NEWS - COMPANY NEWS - WEYERHAEUSER DROPS PRICE OF LEADING GRADE OF PULP - NYTimes.com
The Weyerhaeuser Company of Tacoma, Wash., cut the price of its benchmark grade of pulp by 13 percent yesterday, reflecting weaker demand for the processed wood fiber used to make paper. Weyerhaeuser, the world's largest pulp producer, cut the price for northern bleached softwood kraft market pulp
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