Weyerhaeuser to Sell 145,000 Acres of Timberlands in Washington’s North Cascades
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Weyerhaeuser to Sell 145,000 Acres of Timberlands in Washington’s North Cascades
May 5, 2021

SEATTLE, April 30, 2021 /PRNewswire/ — Weyerhaeuser Company (NYSE: WY)  announced the completion of its acquisition of 69,200 acres of high-quality Alabama timberlands from Soterra, a subsidiary of Greif, Inc., for approximately $149 million earlier this week. Separately, the company announced an agreement to sell 145,000 acres of timberlands in the North Cascades region of Washington to Hampton Resources for $266 million. The company expects to recognize a[…]