|Exchange:||New York Stock Exchange|
|Industry:||Lumber & Wood Production|
|Weyerhaeuser Company started out as Weyerhaeuser Timber Company, incorporated in the state of Washington in January 1900 when Frederick Weyerhaeuser and 15 partners bought 900,000 acres of timberland. Weyerhaeuser is a forest products company that mainly grows and harvests trees, builds homes and makes a range of forest products essential to everyday lives. The company manages more than 6 million acres of timberlands, primarily in the U.S., and manages another 13.9 million acres under long-term licenses in Canada. The Company’s business segments are Timberlands, Wood Products, Cellulose Fibers & Real Estate. The Company’s Timberlands business segment grows and harvests trees for use as lumber, other wood and building products and pulp and paper. The Company’s wood products segment: provides a family of high-quality softwood lumber, engineered lumber, structural panels and other specialty products to the residential, multi-family and light commercial markets; delivers innovative homebuilding solutions to help its customers quickly and efficiently meet their customers’ needs; sells its products and services primarily through the Company’s own sales organizations and distribution facilities as well as building materials that it purchases from other manufacturers; sells certain products into the repair and remodel market through the wood preserving and home-improvement warehouse channels; and exports its softwood lumber and engineered building materials to Asia and Europe. The Company’s cellulose fibers segment is one of the world’s largest producers of absorbent fluff used in products such as diapers. It also manufactures liquid packaging board and other pulp products. It has a 50 percent interest in North Pacific Paper Corporation (NORPAC) - a joint venture with Nippon Paper Industries that produces newsprint and high-brightness publication papers. The Company’s Real Estate business segment includes its wholly-owned subsidiary Weyerhaeuser Real Estate Company (WRECO) and its subsidiaries. The Real Estate segment focuses on: constructing single-family housing and developing residential lots for its use and for sale. Corporate and other includes certain gains or charges that are not related to an individual operating segment and the portion of items such as share-based compensation, pension and postretirement costs, foreign exchange transaction gains and losses associated with financing and other general and administrative expenses that are not allocated to the business segments. Many of the Company's products also compete against substitutes for wood and wood-fiber products. In real estate development, it competes against numerous regional and national firms. Weyerhaeuser competes in its markets mainly through price, product quality and service levels. The Company's operations also are subject to federal, state, provincial and local pollution controls with regard to air, water and land; solid and hazardous waste management and disposal and remediation laws and regulations in all areas in which it has operations.|
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