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Weyerhaeuser Buys Plum Creek, May Sell Pulp Mills
From: Timber Harvesting Staff Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT (Real Estate Investment Trust) with more...
California Governor Declares State Of Emergency Because Of Amount Of Dead Trees
California Governor Jerry Brown has declared a state of emergency for the state’s forests, where an estimated 22 million trees have already died. Cal Fire's chief says this means continuing work that has already happened. What is killing them is a one-two punch--the...
Arkansas Timber Industry Is Making A Comeback
Sawmills in the south were hit hard by the recession. A steep decline in the housing market accelerated plant closings and job losses. However, new research shows good news for the timber industry. A nearly $200 million Weyerhaeuser project in Dierks, Arkansas could...
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