Monday, December 07, 2009

Weyerhaeuser Sells Warrenton Mill To Hampton Affiliates

FEDERAL WAY, Wash.--(BUSINESS WIRE)-- Weyerhaeuser Company (NYSE:WY) today announced it has signed a Purchase & Sale Agreement for its Warrenton lumber mill with Hampton Affiliates. Terms of the sale were not disclosed. The transaction includes the mill and its land.

GRP: Hampton Affiliates plans to terminate all Weyerhaeuser employees (140 active and laid-off employees) and close the facility at the end of January and proceed with re-design and remodel of the facility before rehire of personel.

Read Press Release

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