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
Forest Products Machinery & Equipment EXPO Announces 2025 Dates
The Southern Forest Products Assn. (SFPA) has announced the 38th Forest Products Machinery & Equipment EXPO will return to the Music City Center in Nashville from August 6-8, 2025. “The move to Nashville in August 2023 exceeded all expectations, and we heard it over and over on the show floor and for weeks after the event from exhibitors and attendees alike,” says Eric Gee, SFPA Executive Director…
Atlas Holdings Announces Sale Of RedBuilt
Atlas Holdings announced that it has entered into a definitive agreement to sell RedBuilt, LLC to Hampton Lumber Mills, Inc. Atlas formed RedBuilt with the acquisition of the commercial division of Trus Joist from Weyerhaeuser Co. in 2009. Over the next 14 years, the company became an industry leader in the engineering, design and manufacturing of proprietary wood-based structural solutions serving the low-rise commercial…
New From BID: Comact-Branded AI-Powered Linear Resaw Optimizer
BID Group has announced a brand-new innovation: The ResawExpert, a Comact-branded AI-powered linear resaw optimizer with vision, which will take wood transformation to a whole new level of precision, efficiency, and performance. The Comact ResawExpert is a…
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.