Weyerhaeuser Acquiring High-Quality Timberlands in North Carolina and Virginia
Capitalizing on unique off-market opportunity to further enhance Southern Timberlands portfolio with highly productive and strategically located acreageSEATTLE, May 22, 2025 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced an agreement to acquire approximately 117,000 acres of high-quality timberlands in North Carolina and Virginia from Roanoke Timberlands LLC, a subsidiary of Roseburg Forest Products, for $375 million. Comprised of mature, highly productive timberlands, the acreage will be w ...