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Bolt-on additions will further enhance Southern Timberlands portfolio and expand footprint in attractive markets
SEATTLE, July 25, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE:WY) today announced acquisitions totaling 84,300 acres of high-quality timberlands in Alabama for $244 million. Secured through multiple transactions, the collective acreage is comprised of mature, highly productive timberlands that are well-integrated with existing Weyerhaeuser operations. Additionally, the acquisitions are expected to deliver portfolio-leading cash flow and harvest tons per acre within the company's Southern Timberlands business.
Posted In: WY
