Profile: Weyerhaeuser Co (WY.N)
27 Feb 2017
Weyerhaeuser Company, incorporated on January 18, 1900, is a real estate investment trust (REIT). The Company is an owner of timberlands. The Company is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees. The Company's segments include Timberlands, Wood Products and Cellulose Fibers. The Company owns or controls approximately seven million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. It is engaged in the manufacturing of wood and specialty cellulose fibers products.
The Company's Timberlands segment manages approximately 6.9 million acres of private commercial timberlands across the world. It owns over 6.3 million of those acres and have long-term leases on the other over 0.6 million acres. The Company grows and harvests trees to be converted into lumber, other wood and building products and pulp and paper; exports logs to other countries where they are made into products; plants seedlings to reforest harvested areas using the regeneration method for the site and species (in parts of Canada natural regeneration is employed), as well as monitors and cares for the planted trees as they grow to maturity.
The Company's Timberlands products include logs, which are made into lumber, other wood and building products and pulp and paper products; timberland; timber, minerals, oil and gas, which are sold into construction and energy markets, and other products, which includes seed and seedlings. The Company's timberlands assets are located primarily in North America. In the United States, the Company owns and manages sustainable timberlands in over nine states for use in wood products and pulp and paper manufacturing. It owns or leases approximately four million acres in the southern United States, which includes Alabama, Arkansas, Louisiana, Mississippi, North Carolina, Oklahoma and Texas, and over 2.6 million acres in the Pacific Northwest, which includes Oregon and Washington). In addition, it owns and operates nurseries and seed orchards in Washington, Oregon, South Carolina and Georgia.
The Company's international operations are located in Uruguay, where the Company owns approximately 298,000 acres and have long-term leases on over 25,000 acres. In Canada, it manages timberlands under long-term licenses that provide raw material for the Company's manufacturing facilities. These licenses are in Alberta, British Columbia, Ontario and Saskatchewan. It also operates a plywood mill in Uruguay with a production capacity of over 250,000 cubic meters. The Company's Timberlands inventory by species consists of eucalyptus, loblolly pine, southern yellow pine, hardwood, Douglas fir/cedar, whitewood and other conifer.
The Company's Wood Products segment manufactures and distributes wood products primarily in North America and Asia. It provides a family of softwood lumber, engineered wood products, structural panels and other specialty products to the residential, multi-family, industrial, light commercial and repair and remodel markets; distributes its products, as well as complementary building products that the Company purchases from other manufacturers, and exports its softwood lumber, oriented strand board (OSB) and engineered wood products primarily to Asia.
The Company's wood products include structural lumber, for structural framing for new residential, repair and remodel, treated applications, industrial and commercial structures; Engineered wood products (solid section and I-joists), used for floor and roof joists, and headers and beams for residential, multi-family and commercial structures; structural panels (oriented strand board (OSB) and softwood plywood), for structural sheathing, subflooring and stair tread for residential, multi-family and commercial structures; other products, such as wood chips and other byproducts, and complementary building products, such as cedar, decking, siding, insulation, rebar sold in its distribution facilities. The Company operates manufacturing facilities in the United States and Canada. It distributes through a combination of Weyerhaeuser and third party locations. It owns or leases approximately 20 distribution centers in the United States where its products and complementary building products are sold.
The Company's Cellulose Fibers segment is engaged in the production of absorbent fluff pulp used in products, such as diapers. The Cellulose Fibers segment provides cellulose fibers for absorbent products in markets across the world; works with its customers to develop applications; manufactures liquid packaging board used primarily for the production of containers for liquid products, and derives energy from black liquor produced at the mills and biomass.
The Company's Cellulose Fibers Products are pulp, liquid packaging board and other products. The pulp includes Fluff pulp (Southern softwood kraft fiber), used in sanitary disposable products that require bulk, softness and absorbency; softwood paper grade pulp, used in products that include printing and writing papers and tissue, and specialty chemical cellulose pulp, used in textiles, absorbent products, specialty packaging, specialty applications and high-bulking fibers. Liquid packaging board is converted into containers to hold liquids, such as milk, juice and tea. Other products include slush pulp and wet lap pulp, used in the manufacture of paper products. The Company's cellulose fibers products are distributed through direct sales network.
220 Occidental Ave S
SEATTLE WA 98104-3120