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Weyerhaeuser (NYSE: WY) is a multinational corporation in the pulp and paper industry. It is based in Federal Way, Washington, United States.

 

The company is the third largest pulp and paper company in the world, with manufacturing operations in the United States, Canada, Australia, New Zealand, China, Mexico, Ireland, France and Uruguay, among others. It is the world's largest private owner of softwood timberland, managing 38 million acres (154,000 km²) in five countries.

It is the third largest owner in the United States, behind Plum Creek Timber and International Paper. Weyerhaeuser has approximately 55,200 employees in 18 countries (primarily in the U.S. and Canada).

Current operations

Weyerhaeuser now has timber operations or offices in 44 American states, Canada, and 18 other nations. It imports timber products from Malaysia, Chile, and Brazil. In North America, Weyerhaeuser is one of the largest distributors of wood products. The company owns over seven million acres (28,000 km²) of land in the U.S., and owns or holds logging rights to more than 35 million acres (142,000 km²) of land in Canada. Weyerhaeuser has diversified widely beyond its roots in lumber and wood products, and today controls a vast network of over 100 subsidiaries in fields including construction, real estate sales and development (often on its cutover lands).

The company's operations are now divided into five major business segments:

  • Timberlands — Grows and harvests trees in renewable cycles.
  • Wood Products — Manufactures and distributes building materials for homes and other structures.
  • Pulp and Paper — Produces a variety of papers, and the pulp to produce papers, absorbent products and for specialty uses such as photographic film.
  • Containerboard Packaging and Recycling — Produces paper, boxes and bags to move products from factory to store to consumer. Collects and recycles wastepaper, boxes and newsprint to make new products.
  • Real Estate — Builds single- and multi-family homes and develops land.

The company also has an IT internship program that develops professionals for its IT department.

Criticism

There have been some activists who have complained about company policies ranging from clear-cut logging to conversion of native forests to tree plantations devoid of biodiversity and mill closures among others.

 
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