Content about Weyerhaeuser

April 16, 2014

Forest products giant Weyerhaeuser says it will reorder its leadership team this summer.

Current SVP, general counsel Sandy McDade is retiring in July. Succeeding her will be Devin Stockfish, who will also maintain his current role as corporate secretary. Stockfish has been serving as corporate secretary and assistant general counsel since last June. Before joining the company, he was VP & associate general counsel at Univar Inc.

Also retiring is Sara Kendall, VP corporate affairs and sustainability, on May 2.

April 11, 2014

Weyerhaeuser Distribution is buffing up its James Hardie fiber cement siding offerings at its St. Paul, Minn. location. 

The distribution center will now carry the full line of SKUs, which includes the addition of ColorPlus technology, a factory-applied finish that lasts up to two times longer and has 30% better fade resistance.

The full line includes HardiePlank siding, HardiePanel siding, HardieShingle siding, HardieSoffit panels, HardieTrim boards and HardieBacker cement board.

February 19, 2014

Denise Merle has been tapped to fill the role of SVP human resources at Weyerhaeuser, effective Feb. 28.

“Denise brings strong business acumen and tremendous people leadership skills to this role and I look forward to the contributions she will make on our journey to become truly great,” says Doyle Simons, president and CEO. “I want to thank John for his leadership and counsel, and I wish him all the best in his new role.”

February 14, 2014

Weyerhaeuser has named John Enlow VP Southern Timberlands, effective Feb. 24.

Enlow is joining the company from Rayonier. In his most recent role, he served as director of the Atlantic and Northern Timberlands regions.

February 5, 2014

Las Vegas -- Weyerhaeuser CEO Doyle Simons says he's encouraged by the recovery in the home-building  and LBM industries. But it's too early celebrate. 

In an interview with HCN in the Weyerhaeuser booth at the International Builders' Show here, Simons also talked about the importance of product innovation and market education.

January 31, 2014

Weyerhaeuser (WY) was down 2.89% on Friday following the release of its earnings report, which demonstrated substantial year-over-year growth but fell below previous estimates.

January 31, 2014

Federal Way, Wash.-based Weyerhaeuser posted net earnings of $540 million for the full year 2013, up from $385 million in 2012. 

Net sales for the year were $8.5 billion, up from $7.1 billion in 2012.

The company noted that in 2013 it doubled earnings before special items, increased its per share dividend by nearly 30% and announced a deal to combine its real estate operation with TRI Pointe Homes. It also acquired about 645,000 acres of timberlands in the Pacific Northwest through the purchase of Longview Timber.

December 16, 2013

Weyerhaeuser has named Rhonda Hunter SVP Timberlands, succeeding soon-to-be-retired Tom Gideon.

Effective Jan. 1, 2014, Hunter will be officially promoted from her current role as VP of Weyerhaeuser's Southern Timberlands operation, which she's held since 2010. Previously, she held other leadership roles within the division, which involved planning and inventory, regional management, environmental and work systems, finance and land acquisition. She has been with the company since 1987.

October 25, 2013

Weyerhaeuser reported net earnings of $157 million for the third quarter, compared with net earnings of $117 million for the same period last year.

Net sales for the third quarter totaled $2.2 billion, compared with net sales of $1.8 billion for the third quarter of 2012.

October 18, 2013

ELKIN, N.C. — The Weyerhaeuser mill in Elkin, N.C., is a classic Made-in-the-USA manufacturing story.

Raw material in the form of “stumpage” — the mill executive’s term for “logs”— lines up at one end of the 186 million-sq.-ft. facility. Rolling out at the other end are neatly stacked and wrapped pallets of Weyerhaeuser Edge OSB, as well as Weyerhaeuser Edge Gold (photo 1).

October 18, 2013

The good news for American manufacturing is that companies love to say that they’re Made in the USA. The bad news is that many say so without really meaning it. Even while demand accelerates for homegrown products, the FCC requirements for advertising Made-in-USA products remain shrouded in ambiguity.

September 30, 2013

Boise Cascade Company has purchased Wood Resources LLC's Southeast Operations for $102 million.

The acquisition deal includes Chester, S.C.-based Chester Wood Products LLC, a producer of softwood plywood panels and veneer, as well as Moncure Plywood LLC, a flexible specialty plywood mill in Moncure, N.C.

Wood Resources had previously acquired the two entities in 2004 from Weyerhaeuser, at which time their prospects were uncertain. Financial performance and output has since improved.

September 27, 2013

84 Lumber, the country’s fifth-largest LBM dealer with more than 250 locations, has named Weyerhaeuser as its Vendor Partner of the Year, the forest product giant announced. 

The award recognizes sales growth, consistent service and value-added support. 

September 25, 2013

Weyerhaeuser has increased production of its new Trus Joist TJI joists with Flak Jacket protection, which feature a specialty coating that enhances the joists’ fire resistance. By upgrading to more advanced, high-tech manufacturing techniques and adding an extra shift at its Boise, Idaho, facility, the company has significantly expanded its capacity to meet growing demand for the innovative product line, as well as accommodate ongoing improvement in the single- and multi-family housing markets.

August 28, 2013

Stocks were up slightly at Wednesday’s close, with Weyerhaeuser receiving a 2.03% bump amid news of its Alabama mill restart.

 

August 23, 2013

Weyerhaeuser will begin plans to restart production on its Trus Joist TJI joists and Microllam LVL lines in Evergreen, Ala., effective immediately.

The company will be investing capital in the engineered lumber products facility after a four-year closure due to weak wood products demand in North America. The company plans to hire 100 new employees at the facility by the end of 2014. Robert Doll will be plant manager and will be on site effective Aug. 30. 

August 22, 2013

Weyerhaeuser has announced several changes to its senior management team.

Cathy Slater has been named senior VP Oriented Strand Board, Engineered Lumber Products and Distribution, effective immediately. Slater brings more than 25 years of forest industry experience, including leadership positions in the company’s Cellulose Fibers and Wood Products businesses. 

August 15, 2013

Few of HCN’s Top 30 stocks experienced growth on Wednesday, but of those who did, Weyerhaeuser took the lead with a 2.96% uptick.

August 5, 2013

Jerald W. Richards resigned from his position as chief accounting officer of Weyerhaeuser to become CFO of another company, according to Weyerhaeuser filing with the Securities and Exchange Commission Monday. 

August 1, 2013

Weyerhaeuser's recently released second-quarter results highlighted more than one major milestone for the company.

On a year-ago basis, net earnings before special items quadrupled to $196 million, compared with last year's second-quarter earnings of $47 million.

Net sales increased by approximately 20% to a post-recession record of $2.1 billion. 

July 23, 2013

Weyerhaeuser's board of directors has elected Devin Stockfish as their new corporate secretary, effective July 1, 2013.

"Since joining Weyerhaeuser in March of this year, Devin has proven himself to be a quick study who demonstrates extraordinary professionalism and brings a valuable set of skills and experience to the company," said Sandy McDade, senior vice president and general counsel. "He is an outstanding addition to our leadership team."

April 9, 2013

IPG Decorative Concrete Line of Tapes

March 7, 2013

Federal Way, Wash.-based Weyerhaeuser introduced Hardwood Edge, an OSB floor panel specifically engineered for use under hardwood floors.

Federal Way, Wash.-based Weyerhaeuser introduced Hardwood Edge, an OSB floor panel specifically engineered for use under hardwood floors.

January 25, 2013

Federal Way, Wash.-based Weyerhaeuser reported net earnings of $385 million for the full year 2012, compared with net earnings of $331 million for the full year 2011.