Weyerhaeuser to Invest $500 Million to Build New TimberStrand Facility in Arkansas

On Monday, Weyerhaeuser announced its plan to invest approximately $500 million to build a new, state-of-the-art TimberStrand® facility near Monticello and Warren, Arkansas, expanding the company’s engineered wood products (EWP) capacity in the US South.

The facility will have an annual production capacity of approximately 10 million cubic feet, which is comparable to the company’s existing TimberStrand® facility in Kenora, Ontario. Construction is expected to begin in 2025, with the goal of starting operations in 2027.

The new facility will support an underserved and growing market for TimberStrand® in the US South and showcase Weyerhaeuser’s innovation in wood products, the company said.

Leveraging its proprietary TimberStrand® technology, the company is combining institutional expertise from Kenora with extensive research and development to manufacture TimberStrand® with Southern yellow pine as the primary feedstock. Given the company’s sizeable timber holdings in Arkansas, the Monticello facility is strategically located to source most of its fiber log requirements from Weyerhaeuser timberlands in the region. Additionally, the plant will include a biomass-fueled cogeneration system, which will fully supply the plant’s electrical needs and significantly reduce its environmental footprint.

In a statement accompanying the announcement, Weyerhaeuser President and CEO Devin W. Stockfish said:

“This is an exciting opportunity to grow our EWP business, expand TimberStrand® into the US South, and provide an additional outlet for our fiber logs in Arkansas. Of the wood products we produce, EWP has the strongest tie to single-family housing construction activity, and this new facility aligns with our conviction that US housing demand will remain favorable over the long term. In addition, this plant will allow Weyerhaeuser to better serve other customers and end markets in the region, including mass timber applications, and it supports our broader sustainability ambitions. I’d like to thank the state of Arkansas and local officials for working with Weyerhaeuser to site this facility. We look forward to building on our long history in the state and providing new employment opportunities in Monticello and surrounding communities.”