Weyerhaeuser Company

Company Description

Weyerhaeuser Company is a real estate investment trust specializing in timberland. It is involved in the sustainable management of more than 12 million acres of timberland in the US, and more than 14 million acres in Canada, producing timber and wood products. Weyerhaeuser also manages the natural resources, energy, and real estate associated with its land.

Detailed Description

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2020, we generated $7.5 billion in net sales and employed approximately 9,400 people who serve customers worldwide. We are listed on the Dow Jones Sustainability North America Index. Our common stock trades on the New York Stock Exchange under the symbol WY.

Product & Services

Forest products

Key People

Founder(s): Friedrich Weyerhäuser

Devin Stockfish (CEO)

Financials

Revenue: US$7.53 billion (2020)

Operating income: US$2.201 billion (2020)

Net income: US$797 million (2020)

Total assets: US$16.356 billion (2020)

Total equity: US$8.731 billion (2020)