Weyerhaeuser completes acquisition of timberlands in Carolinas

Industry News

SEATTLE — Weyerhaeuser has announced the completion of its acquisition of 80,800 acres of high-quality timberlands in North and South Carolina from a fund managed by Campbell Global for approximately $265 million. The transaction was announced in April 2022. With this acquisition, Weyerhaeuser now owns or manages more than 900,000 acres of timberlands in the Carolinas, and the company also operates four…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Stock futures are flat as investors weigh the Fed’s next policy move and await a busy earnings week
Could UK be drawn into a green trade war with US?
Wall Street ends mixed after erasing a big morning loss
Mortgage rates tick down ahead of Fed meeting next week
US stocks rise as GDP data and Tesla earnings come in better than expected