About Weyerhaeuser Company

Forest products company Weyerhaeuser produces a variety of softwood lumber and other building materials in North America. The company harvests trees for its products through its timberlands division, which owns or controls more than 13 million acres of forest in the US and Canada. Exports account for more than 30% of the company's sales. Incorporated in 1900 as Weyerhaeuser Timber Co., the company is classified as a real estate investment trust (REIT). More than 85% of its sales come from the US. The company merged with rival Plum Creek in a deal worth $8.4 billion, bringing together the two biggest owners of timberland in the US; shortly after it spun off its cellulose fibers business for $2.2 billion.


Weyerhaeuser operates through three business segments: Wood Products, Timberlands, and Real Estate & Energy and Natural Resources (ENR).

Weyerhaeuser's Wood Products segment generates nearly 70% of the company's total sales and manages more than 13 million acres of timberlands, mostly in the US but with some in Canada under long-term licenses. Serving mostly the residential construction industry, its primary product categories are structural lumber, engineered wood products, oriented strand board, soft plywood, and MDF, which it manufactures at locations in the US and Canada. The company sources softwood plywood in Arkansas and Louisiana. It also produces veneer at a facility in Oregon.

The company's Timberland segment accounts for about 30% of sales. It operates in the West and South of the US; in Uruguay; and in Canada under license in Alberta, British Columbia, Ontario, and Saskatchewan.

The Real Estate & ENR segment buys, sells, and manages productive timberland assets. This includes valuating land parcels and granting rights to mine mineral and oil and gas deposits on its timberlands. The segment generates roughly 5% of revenue.

Geographic Reach

Washington-based Weyerhaeuser operates offices in about a dozen countries and serves customers worldwide. The REIT rings up more than 85 of its sales in the US; most of the remaining revenue comes from Asia -- Japan, Korea, and China -- in addition to Canada, Latin America, and Europe.

Sales and Marketing

Weyerhaeuser sells its products and services through its own sales organizations and distribution facilities. It also peddles building materials that the company purchases from other manufacturers. Through the wood preserving and home-improvement warehouse channels, the company sells certain items into the new residential building, repair and remodel market.

Financial Performance

With sales and profit growth slow-to-negative for several years, Weyerhaeuser merged with rival Plum Creek in 2016. The acquisition helped the company grow revenue by $1.1 billion, or 20%, to $6.4 billion. All segments were up strongly, although growth was concentrated in the Timberlands segment, which grew 42%.

Net income more than doubled to $1.0 billion due to increases in operating income and a gain of $546 million on the sales of the Cellulose Fibers business.

Cash from operations fell 32% to $735 million due to $471 million in tax paid in relating to the sale of the Cellulose Fibers business and lower cash from discontinued operations.


Much of Weyerhaeuser's sales performance, particularly when it comes to its Wood Products and Timberland segments, is strongly tied to the US housing market, including the new residential building and repair and remodel markets, which have all been strengthening in recent years. Weyerhaeuser is banking on long-term growth as the housing market recovers and demand for lumber increases. With an upturn in the fortunes of the housing market materializing in 2015, the company sought to capitalize on the opportunity by merging with rival firm Plum Creek; the deal closed in 2016. The merger also brings greater economies of scale and synergies of around $100 million.

While focusing on cost-reducing measures for streamlining operations, Weyerhaeuser has a long-term plan to develop customer relationships and expand its customer base, geographic reach, and product portfolio. The timber REIT is also concentrating on growing its business by maintaining its diverse income streams.

Since 2009, Weyerhaeuser has sold a number of businesses -- using the proceeds to pay down debt. In 2016, the company sold its liquid packaging board business (including a Washington mill) to Nippon Paper for $285 million. In late 2016, Weyerhaeuser also sold its cellulose fibers operations to International Paper for $2.2 billion in cash. Weyerhaeuser expects to use a substantial portion of the $1.6 billion after-tax proceeds of the deal for repayment of debt.

Mergers and Acquisitions

In February 2016, Weyerhaeuser purchased Plum Creek Timber Company, the largest private owner of timberland in the US, for $8.4 billion. The deal nearly doubled its US timberland acreage to more than 13 million across 19 states and made Weyerhaeuser the sixth-largest publicly traded company based in Washington State.

Company Background

Weyerhaeuser also sold its short line freight railroad holdings, which boasted 160 miles in four states, to Patriot Rail in 2011. The company shed noncore timberland, including some 82,000 acres in Washington, for approximately $200 million in 2011, as well as its hardwoods business, which manufactured lumber and plywood used for furniture and cabinetry, to American Industrial Properties for some $108 million.

After announcing in mid-2013 that it was exploring strategic alternatives for its homebuilding and real estate development business, Weyerhaeuser Real Estate Company, in July 2014 the unit was sold to TRI Pointe. The transaction focuses the company on its forest products business.

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Weyerhaeuser Company

220 Occidental Ave S
Seattle, WA 98104-3120
Phone: 1 (206) 539-3000
Fax: 1 (253) 924-2685


  • Employer Type: Public
  • Stock Symbol: WY
  • Stock Exchange: NYSE
  • President, CEO, and Director: Doyle R. Simons
  • Chairman: Rick R. Holley
  • President, CEO, and Director: Doyle R. Simons
  • 2017 Employees: 9,300

Major Office Locations

  • Seattle, WA

Other Locations

  • Camden, AL
  • Castleberry, AL
  • Millport, AL
  • Tuscumbia, AL
  • Crossett, AR
  • De Queen, AR
  • Dierks, AR
  • Emerson, AR
  • Fordyce, AR
  • Heber Springs, AR
  • Hot Springs, AR
  • Little Rock, AR
  • Lowell, AR
  • Magnolia, AR
  • Mena, AR
  • Phoenix, AZ
  • Tolleson, AZ
  • Canyon Country, CA
  • Fontana, CA
  • Fresno, CA
  • Long Beach, CA
  • Malibu, CA
  • Redding, CA
  • Sanger, CA
  • Santa Clarita, CA
  • Simi Valley, CA
  • Stockton, CA
  • Watsonville, CA
  • Henderson, CO
  • Jacksonville, FL
  • Ormond Beach, FL
  • Plant City, FL
  • Tampa, FL
  • Valrico, FL
  • Barnesville, GA
  • Brunswick, GA
  • Columbus, GA
  • Dacula, GA
  • Jesup, GA
  • Lyons, GA
  • Macon, GA
  • Perry, GA
  • Rome, GA
  • Sylvania, GA
  • Boise, ID
  • Aurora, IL
  • Elk Grove Village, IL
  • Rockford, IL
  • Elkhart, IN
  • Colby, KS
  • Newton, KS
  • Shawnee Mission, KS
  • Owensboro, KY
  • Bogalusa, LA
  • Dodson, LA
  • Holden, LA
  • Joyce, LA
  • Mandeville, LA
  • Natchitoches, LA
  • Simsboro, LA
  • West Monroe, LA
  • Zwolle, LA
  • Fairfield, ME
  • Greenville Junction, ME
  • Byron Center, MI
  • Escanaba, MI
  • Grayling, MI
  • Lanse, MI
  • Lewiston, MI
  • Marquette, MI
  • Saint Paul, MN
  • Armstrong, MO
  • Brookhaven, MS
  • Bruce, MS
  • Columbus, MS
  • Hattiesburg, MS
  • Hazlehurst, MS
  • Magnolia, MS
  • Moselle, MS
  • Philadelphia, MS
  • Shubuta, MS
  • Columbia Falls, MT
  • Kalispell, MT
  • Libby, MT
  • Charlotte, NC
  • Concord, NC
  • Elkin, NC
  • Grifton, NC
  • Moncure, NC
  • New Bern, NC
  • Plymouth, NC
  • Raleigh, NC
  • Rutherfordton, NC
  • Selma, NC
  • Vanceboro, NC
  • Wyckoff, NJ
  • Las Vegas, NV
  • Wshngtn Ct Hs, OH
  • Idabel, OK
  • Oklahoma City, OK
  • Albany, OR
  • Aurora, OR
  • Beaverton, OR
  • Central Point, OR
  • Cottage Grove, OR
  • Eugene, OR
  • Garibaldi, OR
  • Hillsboro, OR
  • Lebanon, OR
  • Malin, OR
  • Molalla, OR
  • Portland, OR
  • Roseburg, OR
  • Seaside, OR
  • Shady Cove, OR
  • Turner, OR
  • Du Bois, PA
  • Easton, PA
  • Erie, PA
  • Titusville, PA
  • Aiken, SC
  • Bennettsville, SC
  • Fort Mill, SC
  • Greenwood, SC
  • Rock Hill, SC
  • Antioch, TN
  • Cleveland, TN
  • Kingsport, TN
  • Carrollton, TX
  • Denton, TX
  • Grand Prairie, TX
  • Houston, TX
  • Irving, TX
  • San Antonio, TX
  • Salt Lake City, UT
  • Richmond, VA
  • Staunton, VA
  • Stuart, VA
  • Castle Rock, WA
  • Centralia, WA
  • Cosmopolis, WA
  • Curtis, WA
  • Eatonville, WA
  • Elma, WA
  • Federal Way, WA
  • Kalispell, WA
  • Kent, WA
  • Longview, WA
  • Newport, WA
  • Olympia, WA
  • Pe Ell, WA
  • Rainier, WA
  • Raymond, WA
  • Rochester, WA
  • Sequim, WA
  • Sumner, WA
  • Tacoma, WA
  • Union Gap, WA
  • Vancouver, WA
  • Yakima, WA
  • Chippewa Falls, WI
  • Dorchester, WI
  • Marshfield, WI
  • Rothschild, WI
  • Heaters, WV
  • Lewisburg, WV
  • Calgary, Canada
  • Delta, Canada
  • Drayton Valley, Canada
  • Ear Falls, Canada
  • Edson, Canada
  • Fort Erie, Canada
  • Grande Cache, Canada
  • Grande Prairie, Canada
  • Hudson Bay, Canada
  • Kelowna, Canada
  • Kenora, Canada
  • Komoka, Canada
  • Okanagan Falls, Canada
  • Ottawa, Canada
  • Port Alberni, Canada
  • Princeton, Canada
  • Saskatoon, Canada
  • Vancouver, Canada
  • Vavenby, Canada
  • Shanghai, China
  • Genève, Switzerland
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