Weyerhaeuser Company Approved Massive Investment in Arkansas Facility

SEATTLE (Scrap Monster): The Weyerhaeuser Company revealed intentions to invest over $500 million in the construction of a brand-new, cutting-edge TimberStrand factory close to Monticello and Warren, Arkansas. The company's capacity to produce engineered wood products (EWP) in the U.S. South will be increased by the proposed investment.

The new factory will serve a burgeoning and underserved market for TimberStrand in the U.S. South, the business said in a news statement. It also displays the company's inventiveness in wood products. The plant is expected to have a production capacity of about 10 million cubic feet. The facility is anticipated to begin operations in 2027, with construction planned to begin the following year.

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The new facility will improve Weyerhaeuser's EWP offerings in the U.S. South and increase the company's TimberStrand capacity in North America. It is anticipated to provide smooth interaction with the current distribution network for wood products and Weyerhaeuser timberlands. It is anticipated to produce more than $100 million in Adjusted EBITDA annually at full operating capacity.

"The investment represents an exciting opportunity to grow our EWP business, expand TimberStrand into the U.S. South, and provide an additional outlet for our fiber logs in Arkansas," stated Devin W. Stockfish, president and chief executive officer.