Forest products company Weyerhaeuser produces a variety of softwood lumber and other building materials in North America. One of the world's largest private owners of timberland, the company harvests trees for its products from 12 million acres of forest that it owns in the US and 14 million acres that it manages in Canada. Incorporated in 1900 as Weyerhaeuser Timber Co., the company operates as a real estate investment trust (REIT) because of its vast land holdings. The company merged with rival Plum Creek in a deal worth $10 billion, bringing together the two biggest owners of timberland in the US; shortly after that deal, Weyerhaeuser spun off its cellulose fibers business for more than $2 billion. US generates about 85% of the company's sales. Devin W. Stockfish had been appointed as president and chief executive officer effective early 2019.
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EMPLOYEES (This Site)
EMPLOYEES (All Sites)
- ASSETS (MIL USD) 16,406
REVENUE (MIL USD)
- TICKER SYMBOL WY
- Incorporated 1900
- FISCAL YEAR END DEC
Get in Touch with 581 Contacts and 5 Principals*
Devin W StockfishPresident
RICK R HOLLEYChairman of the Board
RUSSELL S HAGENSenior Vice President and Chief Financial Officer
DENISE M MERLESenior Vice President and Chief Administrative Officer