Weyerhaeuser to Build TimberStrand Facility in AR, Expands EWP Capacity [Yahoo! Finance]
Weyerhaeuser Company (WY)
Last weyerhaeuser company earnings: 5/1 03:05 am
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Source: Yahoo! Finance
This will expand its engineered wood products (EWP) capacity in the Southern United States. WY expects to begin construction of the facility in 2025 and start operations by 2027. Leveraging its proprietary TimberStrand technology, Weyerhaeuser will combine institutional expertise from Kenora, Ontario, with extensive research and development to manufacture a facility with southern yellow pine as the primary feedstock. Comparable to WY's existing TimberStrand facility in Kenora, the new facility will have an annual production capacity of approximately 10 million cubic feet, which will double its total North American capacity. The Monticello facility is strategically located to source most of its fiber log requirements from Weyerhaeuser timberlands in Arkansas. Also, the plant will include a biomass-fueled cogeneration system, which will fully supply the electrical needs and significantly reduce its environmental footprint. Notably, the new facility will support an underserved an
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WY
Earnings
- 10/24/24 - Beat
WY
Sec Filings
- 12/18/24 - Form 8-K
- 12/9/24 - Form 4
- 11/14/24 - Form SC
- WY's page on the SEC website