Weyerhaeuser to Build TimberStrand Facility in AR, Expands EWP Capacity
Weyerhaeuser(WY) ZACKS·2024-11-20 00:56
Weyerhaeuser Company (WY) is all set to invest approximately $500 million to build a new, state-of-the-art TimberStrand facility near Monticello and Warren, AR. This will expand its engineered wood products (EWP) capacity in the Southern United States.WY expects to begin construction of the facility in 2025 and start operations by 2027.Details of the New FacilityLeveraging its proprietary TimberStrand technology, Weyerhaeuser will combine institutional expertise from Kenora, Ontario, with extensive research ...