Weyerhaeuser finds buyer for Oregon plywood mill
Pacific States Industries of San Jose, Calif., signed a purchase and sale agreement to acquire Weyerhaeuser‘s plywood mill in Springfield, Ore.
The Springfield facility has been closed since December 2006. At that time, it employed 87 people and had the capacity to produce 114,000 million square feet of plywood annually.
Operating through its Redwood Empire division, Pacific States Industries operates two sawmills in Northern California. The company also owns Bald Knob Veneer in Creswell, Ore.
“We are pleased to have reached this agreement with Weyerhaeuser and anticipate that the transaction will close in 30 to 45 days,” said Austin Vanderhoof, executive vp of Pacific States Industries, in a prepared statement. "The plywood operations at Springfield will complement our existing production of veneer in Creswell Oregon."