Content about Northwest Hardwoods Inc.

June 22, 2011

Weyerhaeuser is selling its hardwoods and industrial products business unit to American Industrial Partners (AIP).

AIP announced the "definitive agreement" Wednesday and said the deal should close in August.  The new business will operate as Northwest Hardwoods Inc., headquartered in Tacoma, Wash., with operations in the United States, Canada, China, Japan and Hong Kong.