Weyerhaeuser Company announces plan to build new facility in south Arkansas

Core Points - Weyerhaeuser Company announced a $500 million investment to build a new TimberStrand® facility in Arkansas, expected to create 200 jobs [1][4] - The facility will enhance Weyerhaeuser's engineered wood products capacity by adding approximately 10 million cubic feet of annual production [2][3] - The investment aligns with the company's strategy to support U.S. housing demand and sustainability goals [3][4] Company Overview - Weyerhaeuser is one of the largest private owners of timberlands globally, owning approximately 1.2 million acres in south Arkansas [4] - The new facility will be Weyerhaeuser's third manufacturing site in Arkansas, complementing existing operations in Dierks and Emerson [3] Economic Impact - The investment is seen as a significant boost for the local economy in Southeast Arkansas, strengthening the timber industry [4][6] - Local officials expressed optimism about the job creation and economic growth resulting from the new facility [6][7] Timeline - Construction of the new facility is set to begin in 2025, with operations expected to start in late 2027 [5]