Weyerhaeuser Expanding Engineered Wood Products Portfolio | PR Newswire [Video]

Announces strategic investment to build new TimberStrand® facility in Arkansas

, /PRNewswire/ — Weyerhaeuser Company (NYSE: WY) today announced its plan to invest approximately $500 million to build a new, state-of-the-art TimberStrand® facility near Monticello and Warren, Arkansas, expanding the company’s engineered wood products (EWP) capacity in the U.S. South. The facility will have an annual production capacity of approximately 10 million cubic feet, which is comparable to the company’s existing TimberStrand® facility in Kenora, Ontario. Construction is expected to begin in 2025, with the goal of starting operations in 2027.

The new facility will support an underserved and growing market for TimberStrand® in the U.S. South and showcase Weyerhaeuser’s innovation in Wood Products. Leveraging its proprietary TimberStrand® technology, the company is combining institutional expertise from Kenora with extensive research and development to manufacture TimberStrand® with southern yellow pine as the primary feedstock. Given the company’s sizeable timber holdings in Arkansas, the Monticellofacility is strategically located to source most …