LadyBroadoak Visionary Planetary Healing Tutorial: Weyerhouser to be sold ..

March 17, 2008

Weyerhouser to be sold ..

Weyehaeuser Sold; No official word on how this will impact local employees

Posted: March 17, 2008 11:02 PM

Updated: March 17, 2008 11:02 PM

Yakima, WA - Weyerhauser sells off its containerboard packaging and recycling businesses for a whopping $6 billion dollars to International Paper.

That sale includes the box packaging plants in Union Gap and Yakima.

No word from International Paper on how this will affect the 99 employees who work at those facilities, but a source with Weyerhaeuser says the new owner are looking to make package its focus, so that could be better in the long run.

International Paper has purchased 72 packaging locations, 10 specialty packaging plants, four kraft bag and sack locations and 19 recycling plants all over the US.

The sale affects more than 14-thousand employees overall.

International Paper on watch 'negative' on Weyerhauser plan - S&P
March 17, 2008: 02:59 PM EST

LONDON, Mar. 17, 2008 (Thomson Financial delivered by Newstex) -- Standard & Poor's (NYSE:MHP) Ratings Services said that it placed all of its ratings on International Paper (OTCBB:INPAP) (NYSE:IP) Co, including its 'BBB' corporate credit rating, on CreditWatch with negative implications.

The placement follows IP's announcement that it has signed an agreement to acquire the containerboard, packaging, and recycling businesses of Weyerhaeuser Co (NYSE:WY) (TSX:WYL) in an all-cash transaction valued at 6 bln usd.

S&P said: 'Based on our initial analysis, we have determined that if the acquisition is completed as currently proposed, and market conditions remain in line with our expectations, we would affirm IP's 'BBB' long-term corporate credit rating.'
However 'we would assign a negative outlook, and we would lower the company's short-term corporate credit rating to 'A-3' from 'A-2'. The anticipated affirmation reflects our belief that the acquisition of Weyerhaeuser's containerboard and packaging business would modestly strengthen IP's business risk profile.'
tf.TFN-Europe_newsdesk@thomson.com
Copyright Thomson Financial News Limited 2008. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

Weyerhauser shuts down BC sawmill, sells timber interests

19 Feb 2008
Weyerhauser Co. announced it would close its Kamloops sawmill, idling near 200 workers, and sold its three related timber tenures to West Fraser Timber, which announced it was selling one of those tenures to Interfor, ...
Headwaters News Content - http://www.headwatersnews.org

Weyerhauser real estate, wood products and timberlands businesses ...

9 Feb 2008 by ecoshift
For those of you paying attention to the nexus between timberland values, real estate values and lumber values this report on Weyerhauser’s current status may be interesting. The falling housing market is creating negative number in ...

the visible hand - http://ecoecon.wordpress.com - References

Chevron, Weyerhauser team up for biofuels

4 Mar 2008 by admin
Oil giant Chevron and Weyerhauser, which has been in the lumber business since 1900, have formed a 50-50 joint venture called Catchlight Energy that will focus on developing fuels from cellulose-based biomass, like wood chips. ...

.: GAFNO.com - Hot World News Blog :. - http://www.gafno.com

Weyerhauser Dupont WA Operations

20 Feb 2008
Forum: Railroad Photos and Trip Reports - Western US Posted By: DelmonteX Post Time: 02-19-2008 at 10:09 PM.

RailroadForums.Com - http://www.railroadforums.com/forum

Oregonian, Weyerhauser address global warming and salmon decline

7 Jan 2008 by matt_stansberry
But there is an unexpected voice amongst the scientific panels -- timber giant Weyerhauser. The Oregonian quoted Robert Bilby, an aquatic ecologist with timber company Weyerhaeuser and a lead author of a new scientific assessment of how ...

Oregon Outdoor Journal - http://oregonoutdoorjournal.blogspot.com/

Should I be worried about my LP, Weyerhauser, Masonite or EFIS Siding?

11 Jan 2008 by Patrick Morin
What are the types of siding that I need to worry about, and how can I tell what it is? Let’s face it; most people really don’t care about their exterior siding until it fails, allowing water into the walls of your home. ...
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Thank you Teri, Tami, Weyerhauser & Crusaders Car Club!

9 Jan 2008 by Team Immel
What then happened was that Weyerhauser, who can't make donations to an individual, but can to a non-profit, donated an old lap top to a car club called Crusaders (in Washington), who then in turn donated it to me so I could have it for ...
Shauna's Life With Cancer - http://shaunaimmel.blogspot.com/

Oregonian, Weyerhauser address global warming and salmon decline
8 Jan 2008
A lengthy article in this week's Oregonian illustrates how climate change will likely affect salmon in the Columbia River Basin. A lot of this isn't news if you've been following along with the National Wildlife Federation's Target ...
ORblogs.com - ORpost - Oregon - http://www.orblogs.com/home/or/

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I. Powers and Rights Reserved To We the People, Never Delegated or Violated Without Consent

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LadyBroadoak Visionary Planetary Healing Tutorial

March 17, 2008

Weyerhouser to be sold ..

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