Weyerhaeuser Company announced on Monday (9/14) that the company is making an immediate donation of $150,000 to the Red Cross to support emergency response efforts in communities affected by wildfire in the Pacific Northwest and particularly in Oregon. Weyerhaeuser manages approximately 1.6 million acres of forests in Oregon and 1.3 million acres of forests in Washington. The company also operates three mills in Oregon and two mills in Washington, as well as one building materials distribution center in each state, and several nurseries, orchards and offices across both states. In prepared remarks, Devin W. Stockfish, president and chief executive officer said, “These fires have brought devastation and trauma to many communities where our employees live and work. This donation is just a first step in helping these communities recover, and we know it could take many months or years for some to build back and heal. Our company has been operating in the Pacific Northwest since 1900, and we’re going to continue to stay engaged and make sure all these areas are able to recover and thrive again.” As previously disclosed, several of the fires have reached the company’s timberlands, but it is too soon to assess the affected acreage or potential business impact.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
WEYERHAEUSER TO SUPPORT WILDFIRE RELIEF EFFORTS IN THE PACIFIC NORTHWEST