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Weyerhaeuser Company began more than 100 years ago with 900,000 acres of timberland, three employees and a small office in Tacoma, Washington. Founded in 1900 by Frederick Weyerhaeuser, we’ve grown to become one of the largest sustainable forest products companies in the world.
Weyerhaeuser consolidated its core businesses in the late 1990s and ended its services in mortgage banking, personal care products, financial services, and information systems consulting. Weyerhaeuser also expanded into South America, Australia, and Asia. In 1999, Weyerhaeuser purchased MacMillan Bloedel Limited, a
In 1986 Weyerhaeuser became the first U.S. forest products company listed on the Tokyo Stock Exchange and soon became the third most traded foreign stock there. In response to difficult economic conditions, downsizing and economizing became company emphases in the 1980s.
Sep 17, 1999 · The company was founded in 1900 by Frederick Weyerhaeuser (1834-1914), who emigrated to the United States from Germany when he was 18. He first worked as a laborer in Erie, Pennsylvania, where he met and married Elisabeth Bladel.
- Early History
- Pioneering in Reforestation
- Diversification in The Postwar Era
- Creighton-Led Reorganization and Restructuring
- More Additions and Subtractions
- Blockbuster Deals For Macmillan Bloedel
- Principal Subsidiaries
- Principal Operating Units
- Principal Competitors
- Further Reading
Weyerhaeuser Timber Company, headquartered in Tacoma, Washington, was incorporated in 1900 as a joint venture in Pacific Northwest timber (900,000 acres of forestland in western Washington) by James J. Hill, railroad magnate, and Frederick Weyerhaeuser, joint owner of Weyerhaeuser & Denkmann, a Midwestern lumber company that relied on forests in Wi...
John P. Weyerhaeuser, eldest son of the founder, led the company during the war and through the 1920s. He relied heavily, as had his father, on George Long, general manager from 1900 to 1930. Long, an early proponent of reforestation, approached the federal governmentbefore the war to lobby for cooperative forest fire prevention and for lower prope...
Under the continued leadership of the Weyerhaeuser family, the company expanded into particle board production, ply-veneer, hardboard, and hardwood paneling in the 1950s. Timberland holdings expanded beyond the Pacific Northwest for the first time, as land was purchased in Mississippi and Alabama in 1956 and in North Carolina the following year. Al...
In 1988 John Creighton became president of Weyerhaeuser, and George Weyerhaeuser became chairman. Creighton reevaluated the company's diversification into areas outside of forest products. By the 1980s the company had become involved in insurance, homebuilding, mortgage banking, garden products, pet supplies, and disposable diapers. While these bus...
As the 1990s continued, Weyerhaeuser made additional moves that altered the company's operational makeup. The company bought 240,700 acres of timberland in the U.S. South in December 1995, then bought 661,200 acres in Mississippi and Louisiana and two sawmills early the following year. Later in 1996 Weyerhaeuser sold its facilities in Klamath Falls...
The biggest immediate impact of Rogel's hiring, however, stemmed from two blockbuster purchases as the new leader counted on acquisitions and consolidation to drive future growth rather than the building of new capacity. In November 1999 Weyerhaeuser acquired MacMillan Bloedel Limited in a stock swap valued at approximately $2.2 billion. Based in V...
Columbia & Cowlitz Railway Company; DeQueen & Eastern Railroad Company; Fisher Lumber Company; Golden Triangle Railroad; Jasmine Forests, LLC; Jewell Forests, LLC; Mississippi & Skuna Valley Railroad Company; Norpac Resources LLC; Texas, Oklahoma & Eastern Railroad Company; Westwood Shipping Lines, Inc.; Weyerhaeuser de Mexico, S.A. de C.V.; Weyerh...
Timberlands; iLevel; Cellulose Fiber and White Papers; Containerboard Packaging and Recycling; Real Estate.
International Paper Company; Georgia-Pacific Corporation; MeadWestvaco Corporation; Smurfit-Stone Container Corporation.
Allison, Melissa, "Weyerhaeuser Posts Loss After Quarter of Revisions," Seattle (Wash.) Times,February 4, 2006, p. E1. Beauchamp, Marc, "Lost in the Woods," Forbes,October 16, 1989, pp. 221 +. Carlton, Jim, "Weyerhaeuser Bulks Up to Avoid Consolidation Buzz Saw," Wall Street Journal,January 24, 2002, p. B4. ——, "Weyerhaeuser Outbids Georgia-Pacific...
When was Weyerhaeuser formed and when did it become a public company? We started out as the Weyerhaeuser Timber Company, incorporated in the State of Washington in 1900, when Frederick Weyerhaeuser and 15 partners bought 900,000 acres of timberland.
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The company first acquired a portion of these lands in 1900, when Frederick Weyerhaeuser, George Weyerhaeuser’s great-grandfather, bought 900,000 acres in western Washington from the Northern Pacific Railroad.
