Weak markets, high costs and small-scale operations have prompted Weyerhaeuser to close two of its facilities in so…
Weak markets, high costs and small-scale operations have prompted Weyerhaeuser to close two of its facilities in southwestern Washington. A specialty pulp mill and a large-log sawmill will close, effectively throwing 342 people out of work.
“The closure of these mills is a difficult decision, but the reality of difficult markets is compounded by the age, high cost and small scale of the mills,” explained Steven Rogel, chairman, president and CEO of the company. “We have determined that these mills are no longer economically sustainable.”
In an effort to ease the burden felt by workers who are facing unemployment, the company is supporting affected employees with transition benefits, severance pay, employment counseling and potential job opportunities at other Weyerhaeuser mills.
The company also recently announced the pending closure of its veneer and plywood facility in Wright City, OK. Roughly 250 jobs will be lost as a result.
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