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Weyerhaeuser to Close of Green Mountain Sawmill
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Federal Way, Washington, USA, 06 March 2008 — Weyerhaeuser Company (NYSE:WY) today announced that it has accelerated plans to permanently close its Green Mountain sawmill in Toutle, Washington, due to weak demand for wood products.

The mill, originally scheduled to close at the end of August, will now close 01 May. Weyerhaeuser will adjust production internally to meet customer orders.

The planned facility closure affects 100 workers. Affected employees will be counseled on specific details regarding benefits.

Weyerhaeuser announced in 2007 that it would build a new lumber mill in Longview, which is slated for startup in 2008. The company employs approximately 7000 people in Washington in a variety of businesses and manages approximately 1.1 million acres of timberland.

Weyerhaeuser Company, one of the world's largest forest products companies, was incorporated in 1900. In 2007, sales were USD 16.3 billion. It has offices or operations in 13 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, development, and related activities. Additional information about Weyerhaeuser's businesses, products and practices is available at http://www.weyerhaeuser.com.

 

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