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History. In 1900, after years of successful Mississippi River-based lumber and mill operations with Frederick Denkmann and others, Frederick Weyerhäuser moved west to fresh timber areas and founded the Weyerhäuser Timber Company.
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.
In 1940 the company started the first tree farm in the United States, near Gray's Harbor in Washington. In 1935 the kidnapping of George Weyerhaeuser, the nine-year-old son of CEO John P. Weyerhaeuser, Jr., catapulted the Weyerhaeuser family to national attention.
Sep 17, 1999 · The company built a second sawmill in Everett in 1915. By the end of the decade, it was operating 22 mills. It opened a lumber distribution center in Baltimore, Maryland, in 1921. Two years later, it added a transportation subsidiary, Weyerhaeuser Steamship Company.
- 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...
Friedrich (Frederick) Weyerhäuser (November 21, 1834 – April 4, 1914 [1]), also spelled Weyerhaeuser, was a German-American timber mogul and founder of the Weyerhaeuser Company, which owns sawmills, paper factories, and other business enterprises as well as large areas of forested land in the northern United States.
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The Weyerhaeuser Company purchased the Klamath Lake Railroad and nearby forestlands in 1905, and by 1908, controlled 158,000 acres. In 1929, the Weyerhaeuser Company opened its Klamath Falls sawmill, and shortly thereafter, they erected a planing mill, dry kilns, and a box factory.