Weyerhaeuser Announces Louisiana Mill Closure

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Tue Jul 7, 2009 9:00am EDT 

TAYLOR, La.--(Business Wire)--
Weyerhaeuser Company (NYSE: WY) today announced that it will permanently close
its iLevel lumber mill near Taylor, La., effective immediately. The announcement
will affect approximately 39 employees at the site. The Tree Improvement Center
and the Timberlands office will remain open and continue to operate in Bienville
Parish near the Taylor community. 

Demand for wood products continues to decline due to a slowdown in the housing
market. Because of these challenging market conditions, the Taylor facility will
close permanently, as we continue to balance supply with customer demand.
Weyerhaeuser will support affected employees through the closure and will
provide transition benefits. 

"This was a very difficult decision impacting employees who have performed
well," said Tom Gideon, executive vice president, Forest Products.
"Unfortunately, the current extraordinarily weak market conditions require that
we take decisive action. We fully understand the major impact of this closure on
our employees, contractors, and the Taylor community, and we will work
constructively in the weeks and months ahead on the transition." 

Weyerhaeuser Company continues to employ approximately 924 employees in
Louisiana at manufacturing facilities in Arcadia, Dodson, Holden, Natchitoches
and Zwolle; Tree Improvement Centers at Isabel and Taylor; Timberlands offices
at Bogalusa, Dodson, Livingston, Natchitoches and Taylor; and WREDCO land
development offices in Mandeville and Ruston. Weyerhaeuser owns and sustainably
manages more than one million acres of timber in the state. 

About Weyerhaeuser

Weyerhaeuser Company, one of the world's largest forest products companies, was
incorporated in 1900. In 2008, sales were $8 billion. It has offices or
operations in 10 countries, with customers worldwide. Weyerhaeuser is
principally engaged in the growing and harvesting of timber; the manufacture,
distribution and sale of forest products; and real estate construction and
development. Additional information about Weyerhaeuser's businesses, products
and practices is available at http://www.weyerhaeuser.com. 





Weyerhaeuser Company
Media:
Mike Wolff, 318-581-3594
or
Analysts:
Kathy McAuley, 253-924-2058

Copyright Business Wire 2009
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