Exclusive two-year agreement covers 187,500 acres across Arkansas, Louisiana and Mississippi Weyerhaeuser Company and Lapis Energy LP announced today the execution of an exclusive exploration agreement for subsurface carbon dioxide sequestration in Arkansas, Louisiana and Mississippi. The agreement covers 187,500 acres of subsurface rights owned by Weyerhaeuser and spans five potential sequestration sites, including two [...]
Weyerhaeuser Company today announced the appointment of James "Joc" C. O'Rourke, president and chief executive officer and a director of The Mosaic Company, to the company's board of directors. His appointment is effective immediately. "We are very pleased to welcome Joc to the Weyerhaeuser board of directors," said Rick R. Holley, chairman of the board of directors. "Joc brings more than 25 years of experience in mining [...]
Returning $0.90 per share supplemental dividend, resulting in $1.62 per share of total dividends based on 2022 results Delivering total cash return to shareholders of $1.75 billion, or 75 percent of Adjusted Funds Available for Distribution, based on 2022 results Weyerhaeuser Company today announced that its board of directors declared a supplemental dividend of $0.90 per share on the common stock of the company, payable [...]
Denbury Inc. and Weyerhaeuser Company today announced an agreement for the evaluation and potential development of a CO2 sequestration site in Mississippi. The lease agreement provides Denbury with the exclusive right to develop and operate approximately 16,000 acres of subsurface pore space owned by Weyerhaeuser in Simpson and Copiah Counties in Mississippi. The site is located directly adjacent to Denbury's NEJD [...]
Normal operations to resume with approval of new contract with IAM Weyerhaeuser Company today announced the successful resolution of a work stoppage involving members of the International Association of Machinists and Aerospace Workers union in Oregon and Washington. Weyerhaeuser has approximately 1,200 employees who are members of IAM, including employees in the company's Wood Products and Timberlands organizations, and [...]
Weyerhaeuser Company today announced the appointment of David Graham as president of Weyerhaeuser Company Limited, its wholly owned Canadian Subsidiary, effective January 1, 2022. Graham will report to Travis Keatley, senior vice president of Timberlands, and his appointment follows the planned retirement of Fred Dzida, who has served as president of the company's Canadian subsidiary since 2014 and will stay on through [...]
The AZEK® Company and Weyerhaeuser Company today announced an expansion of Weyerhaeuser's product portfolio with AZEK Building Products, a wholly owned subsidiary of The AZEK Company. Weyerhaeuser plans to expand its full line product offering of low-maintenance and environmentally sustainable TimberTech® Outdoor Living products and AZEK® Exteriors' products throughout the Texas market through its Dallas and Houston [...]
Weyerhaeuser Distribution now offers easy-to-install ClipStone® mortarless stone veneer products through its distribution centers serving the markets of Easton, Pa., Phoenix, Ariz., and four areas of California --- Stockton, Fresno, Santa Clarita and Fontana. ClipStone products feature a unique mounting clip design embedded in the back of each stone. The clips screw directly to the wall, with a lapping down design [...]
FEDERAL WAY, Wash., April 8, 2016 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the appointment of Jim Kilberg as senior vice president, Real Estate, Energy and Natural Resources, effective April 11, 2016. He will become part of the company's senior management team and report to Doyle Simons, president and chief executive officer. Kilberg succeeds Tom Lindquist, who has decided to leave the company [...]
Silver Creek Capital Management (“Silver Creek”), an alternative investment boutique focusing on private credit, hedge fund and real asset strategies, announced today that Twin Creeks Timber (“Twin Creeks”) has completed the acquisition of its initial portfolio of 260,000 acres of Southern U.S. timberland located in five states sourced from Weyerhaeuser Company (NYSE: WY [...]
Plum Creek Timber announced today that Institutional Shareholder Services a leading independent proxy advisory firm, has issued a report recommending that Plum Creek shareholders vote to approve the proposed merger with Weyerhaeuser Company at the company’s special meeting of shareholders to be held on Friday, February 12, 2016. “We are pleased that ISS supports the merger transaction between Plum Creek and [...]
Weyerhaeuser Distribution, a leading North American distributor of building materials, has appointed David Helmers to lead the division as vice president. The promotion comes at a time of growth for Weyerhaeuser Distribution, which over the past year has expanded its sales teams at several facilities and introduced a range of new product lines in multiple regions. Helmers is a 20-year veteran of Weyerhaeuser, most [...]
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