| Mar 5, 2009
Federal Way based Weyerhaeuser announced Wednesday it will layoff fifty employees at it's Raymond Sawmill.
Weyerhaeuser officials say the mill that employs 156 workers is not closing but is reducing it's operating hours due to the poor market conditions....
| May 5, 2009
Timber company Weyerhaeuser says a stagnant housing market is to blame for a steep first-quarter loss. The Federal Way based wood product company says it posted a net loss of $262 million, or $1.25 per share. That's compared to a net loss of $148 million,...
| May 7, 2009
For the first time in Weyerhaeuser's 109-year history, its credit rating has been cut to below investment grade -- or "junk status."
Credit rating company Moody's Investors Services cites Weyerhaeuser's "weakened financial position" and a slump in U.S....
| Mar 17, 2008
BIRMINGHAM, Ala. (WBRC-TV, MyFoxAL.com) -- The latest Alabama news from the Associated Press.
Alabama pension fund has Bear Stearns stock
MONTGOMERY, Ala. (AP) -- Alabama's pension system has more than
73,000 shares of...
| Jul 22, 2009
| 4:32 PM
FAA investigators are combing through the wreckage of a deadly plane crash near Elma.
The FAA says the Mooney M20 C was headed to Weyerhaeuser land after leaving Olympia Wednesday afternoon. Around 3 PM, it hit power lines and crashed.
Pat Newton saw...
| Jan 28, 2009
63-year-old Tommy Howell has a lot of souvenirs from Weyerhaeuser, including mugs and t-shirts, but what he doesn't have now is a job.
Weyerhaeuser shutdown its Aberdeen sawmill where Howell worked for more than 25-years, along with its nearby veneer...