Weyerhaeuser makes $500 million investment in south Arkansas timber industry, adding 200 jobs [Yahoo! Finance]
Weyerhaeuser Company (WY)
Last weyerhaeuser company earnings: 5/1 03:05 am
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Source: Yahoo! Finance
Weyerhaeuser Company announced Monday that it is investing $500 million to build a new facility in south Arkansas near Monticello and Warren. Once completed, the facility will process approximately 10 million cubic feet of wood products and provide 200 jobs. US Forest Service cutting timber in Ouachita National Forest due to beetle infestation Weyerhaeuser currently employs 700 in Arkansas at its lumber mill in Dierks, a plywood and veneer plant in Emerson, its 1.2 million acres of timberlands, a seedling office and several offices. Officials said construction of the new facility will begin in 2025 and operations will start in 2027. The facility will produce the company's wood laminate TimberStrand engineered wood product (EWP). Once completed, it will match the production capacity of its current TimberStrand facility in Kenora, Ontario, doubling Weyerhaeuser's capacity. Arkansas researcher using GeoAI to map and manage forests, technology expected to add jobs “This is 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