Weyerhaeuser Company plans to invest $500 million in a new TimberStrand® facility in Arkansas to enhance its engineered wood products capacity, addressing rising demand while promoting sustainability.

Target Information

Weyerhaeuser Company (NYSE: WY) is set to make a significant investment of approximately $500 million to establish a new TimberStrand® manufacturing facility near Monticello and Warren, Arkansas. This new site will have an annual production capacity of around 10 million cubic feet, aligning with the production capabilities of Weyerhaeuser's existing facility in Kenora, Ontario. Construction of the Arkansas facility is projected to commence in 2025, with operations aimed to begin by 2027.

The new facility aims to address the increasing demand for TimberStrand® products in the U.S. South, showcasing Weyerhaeuser's commitment to innovation within the Wood Products sector. By utilizing proprietary TimberStrand® technology and leveraging local resources—primarily southern yellow pine from the company’s substantial timber holdings in Arkansas—the plant is poised to meet regional fiber log requirements. Additionally, the facility will utilize a biomass-fueled cogeneration system, which will ensure that its electrical needs are sustainably met while minimizing its environmental impact.

Industry Overview in Arkansas

The engineered wood products (EWP) market in Arkansas is seeing an upward trend, driven by the growing demand for sustainable construction materials. The need for eco-friendly building solutions is prioritizing the use of products like TimberStrand®,