'Weyerhaeuser' is one of the largest
pulp and paper companies in the world; the world's largest
private owner of
softwood timberland; and the second largest owner in the United States, behind
International Paper. Weyerhaeuser has approximately 41,000 employees in 18 countries, including
United States,
Canada,
Australia,
New Zealand,
China,
Mexico,
Ireland,
France, and
Uruguay.
History
In January 1900,
Friedrich Weyerhäuser founded the company as ''Weyerhaeuser Timber Company'' with 15 partners and 900,000 acres (3,600 km²) of
Washington timberland
[2] purchased from
James J. Hill of the
Great Northern Railway.
[3] In 1929, the company built what was then the world's largest sawmill in
Longview, Washington. Weyerhaeuser's pulp mill in Longview, which began production in 1931, sustained the company financially during the
Great Depression. In 1959, the company eliminated the word "Timber" from its name to better reflect its operations. In 1965, Weyerhaeuser built its first bleached
kraft pulp mill in Canada. Weyerhaeuser implemented its High Yield Forestry Plan in 1967 which drew upon 30 years of forestry research and field experience. It called for the planting of seedlings within one year of a harvest,
soil fertilization, thinning, rehabilitation of brushlands, and, eventually, genetic improvement of trees.
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 large Canadian forestry company. Then in 2002 after a protracted hostile buyout, the company acquired
Willamette Industries, Inc. of
Portland, Oregon.
[4] On August 23, 2006, Weyerhaeuser announced a merge with
Domtar's fine paper business in a $3.3 billion cash and stock deal.
Operations
Financial Information
|
|---|
| | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
Net Sales (US$B) | 22,629 | 21,931 | 19,873 | 18,521 | 14,545
|
Net Earnings (Loss) (US$B) | 733 | 1283 | 277 | 241 | 354
|
Weyerhaeuser imports timber products from
Malaysia,
Chile, and
Brazil, and has timber operations or offices in 44
American states, Canada, and 18 other countries. Weyerhaeuser is one of
North America's largest distributors of
wood products; it owns more than seven million acres (28,000 km²) of land in the U.S., and holds
logging rights to more than 35 million acres (142,000 km²) of land in Canada. Weyerhaeuser has expanded beyond its roots in
lumber and
wood products; it controls more than 100 subsidiaries in fields such as construction,
real estate sales, and development.
The company's operations are divided into five major business segments:
★ Timberlands — Growing and harvesting
trees in renewable cycles.
★ Wood Products — Manufacturing and distribution of building materials for homes and other structures.
★
Pulp and Paper — Produces a variety of
papers and the pulp used to produce papers, absorbent products,
photographic film, and several others.
★ Containerboard Packaging and
Recycling — Produces paper, boxes, and bags to move products from
factories to the household. The segment collects and recycles wastepaper, boxes, and newsprint to make new products.
★ Real Estate — Builds homes and develops land. Weyerhaeuser has six
subsidiaries collectively called WRECO, the largest of which is
Pardee Homes.
The company also operates an
IT internship program to develop professionals for employment in its IT department.
North Carolina TOSA Program
Weyerhaeuser also offers teachers the opportunity to experience life outside their classrooms during their summer breaks. The North Carolina TOSA Program,
Teachers on Summer Assignment, offers a variety of internships to teachers, featuring such activities as forestry research, assisting in the pine nurseries, and reptile/amphibian tracking (to name a few). This six-week paid program provides teachers with insight on the business and its principles of sustainable pine farming and encourages the teachers to develop curricula for use in their classrooms that are not only aligned with the standard courses of study, but also Weyerhaeuser's lessons.
Corporate governance
The Weyerhaeuser
board of directors consists of:
Richard Haskayne,
Robert Herbold,
Martha Rivers Ingram,
John W. Kieckhefer,
Arnold Langbo,
Don Mazankowski,
Nicole Piasecki,
Steven Rogel,
Richard Sinkfield,
D. Michael Steuert,
James Sullivan, and
Charles Williamson.
Environmental record
Researchers at the
University of Massachusetts Amherst have identified Weyerhaeuser as the 42nd-largest corporate producer of
air pollution in the United States, with roughly 17 million pounds of toxic chemicals released annually into the air.
[5]
Major pollutants indicated by the study include
formaldehyde,
sulfuric acid,
acetaldehyde,
manganese compounds, and
chlorine dioxide.
[6]
The
Environmental Protection Agency has named
a potentially responsible party for at least 18
Superfund toxic waste sites.
[7]
Criticism
Employee Firearms Policy
On
October 1,
2002, the company sent
detection dogs into the parking lot of their
Valliant, Oklahoma plant looking for drugs in cars in response to an employee drug overdose. They found no drugs, but the dogs alerted on 12 cars with guns in them. The company then ordered the employees to open their cars for a hand search, and
rifles,
shotguns, and
handguns were found. The 12 employees were immediately suspended.
Two days later, the company fired all 12 employees, including a shift supervisor of 23 years with an exemplary record. Jimmy 'Red' Wyatt and all the others said that they were never told of the policy change, extending the company gun ban to the parking lot, which had occurred in 2002.
The plant manager, Mr. Nebel said that firing the men was difficult but he felt safer with all the guns out of the parking lot. Mr. Nebel stated that all the employees had been warned of the policy change.
Several of the fired men have filed a civil suit against Weyerhaeuser for wrongful termination, with
Tulsa attorney
Larry Johnson representing them. Mr.Johnson, a longtime
Second Amendment lawyer, said that this was an injustice that must be addressed.
[8]
[1]
References
1. Weyerhaeuser Company
2. Weyerhaeuser in Brief
3. Weyerhaeuser makes one of the largest land purchases in United States history on January 3, 1900.
4. Weyerhaeuser Welcomes Oregon Willamette Employees as Companies Combine to grow Global Leader
5. Political Economy Research Institute Toxic 100 (Study released May 11, 2006) retrieved 15 Aug 2007
6.
Toxics class=wikiexternal target=_blank>Release Inventory courtesy rtknet.org
7.
EPA class=wikiexternal target=_blank>database courtesy Center for Public Integrity
8. Gun Organization Takes On an Energy Giant
External links
★
Weyerhaeuser Company Web Site
★
iLevel by Weyerhaeuser : Structural Frame Business Web Site
★
Dryden Pulp & Paper Workers suffer from brain damage