| Weyerhaeuser Company Limited | |
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| Type | Public (NYSE: WY, TSX: WYL) |
| Founded | 1900 |
| Headquarters | Federal Way, Washington |
| Key people | Steven R. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Federal Way is a city in King County, Washington, United States. Rogel (CEO, Chairman) Richard E. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator Hanson (COO) |
| Industry | pulp and paper |
| Revenue | ▲ $22. A chief operating officer or chief operations officer ( COO) is a Corporate officer responsible for managing the day-to-day activities of the Corporation For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" The global pulp and paper industry is dominated by North American ( United States, Canada) Northern European ( Finland, Sweden In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 629 billion USD (2005)[1] |
| Operating income | ▲ $1. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been In financial and business Accounting, earnings before interest and taxes (EBIT is a measure of a firm's profitability that excludes interest and income tax expenses 359 billion USD (2005) |
| Net income | ▲ $0. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. 733 billion USD (2005) |
| Employees | 49,900 (2006) |
| Website | www.weyerhaeuser.com |
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. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The global pulp and paper industry is dominated by North American ( United States, Canada) Northern European ( Finland, Sweden In Economics, the private sector is that part of the economy which is both run for private Profit and is not controlled by the State. Softwood is a generic term used in Woodworking and the Lumber industries for Wood from Conifers (needle-bearing trees from the order Pinales Lumber or timber is Wood in any of its stages from felling through readiness for use as structural Material for Construction, or International Paper ( is an American pulp and paper company, the largest pulp and paper company in the world Weyerhaeuser has approximately 41,000 employees in 18 countries, including United States, Canada, Australia, New Zealand, China, Mexico, Ireland, France, and Uruguay. The United States of America —commonly referred to as the Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page For a topic outline on this subject see List of basic Australia topics. New Zealand is an Island country in the south-western Pacific Ocean comprising two main landmasses (the North Island and the South Island China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National The United Mexican States ( or commonly Mexico (ˈmɛksɪkoʊ () is a federal constitutional Republic in North America. Ireland (pronounced /ˈaɾlənd/ Éire) is the third largest island in Europe, and the twentieth-largest island in the world This article is about the country For a topic outline on this subject see List of basic France topics. Uruguay.(official full name in República Oriental del Uruguay;, Oriental Republic of Uruguay) is a country located in the southeastern part of South America
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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. Friedrich (Frederik Weyerhäuser ( November 21, 1834 in Nieder- Saulheim, Rheinhessen - April 4, 1914 in Washington ( is a state in the Pacific Northwest region of the United States. Lumber or timber is Wood in any of its stages from felling through readiness for use as structural Material for Construction, or James Jerome Hill ( September 16 1838 &ndash May 29 1916) was a noted Canadian-American Railroad executive The Great Northern Railway, running from St Paul Minnesota to Seattle Washington &mdash more than 1700 miles (2736 km &mdash was the creation of [3] In 1929, the company built what was then the world's largest sawmill in Longview, Washington. Longview is a city in Cowlitz County, Washington, United States. 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. Kraft paper is Paper produced by the Kraft process from Wood pulp. 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. South America is a Continent of the Americas, situated entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a For a topic outline on this subject see List of basic Australia topics. In 1999, Weyerhaeuser purchased MacMillan Bloedel Limited, a large Canadian forestry company. MacMillan Bloedel Limited, sometimes referred to as "MacBlo", was a forestry company headquartered in Vancouver British Columbia Then in 2002 after a protracted hostile buyout, the company acquired Willamette Industries, Inc. of Portland, Oregon. Willamette Industries Inc ( NASDAQ:WMTT was a Fortune 500 forest products company based in Portland Oregon, United States. Portland is a city located in the Northwestern United States, near the Confluence of the Willamette and Columbia rivers [4] On August 23, 2006, Weyerhaeuser announced a merge with Domtar's fine paper business in a $3. Domtar Corporation () is the largest integrated producer of uncoated freesheet paper in North America and the second largest in the world based on production capacity and is also a manufacturer 3 billion cash and stock deal.
| Financial Information | |||||
|---|---|---|---|---|---|
| 2005 | 2004 | 2003 | 2002 | 2001 | |
| Net Sales (US$M) |
22,629 | 21,931 | 19,873 | 18,521 | 14,545 |
| Net Earnings (Loss) (US$M) |
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. For the biogeographical region see Malesia Malaysia (məˈleɪʒə or /məˈleɪziə/ is a country that consists of thirteen states and Chile, officially the Republic of Chile ( Spanish:) is a country in South America occupying a long and narrow Coastal strip wedged between the |utc_offset = -2 to -4 |time_zone_DST = BRST |utc_offset_DST = -2 to -5 |cctld A US state is any one of the fifty subnational entities of the United States of America that share Sovereignty with the federal government 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. Wood is hard fibrous lignified structural tissue produced as secondary Xylem in the stems of Woody plants notably trees but also shrubs S. , and holds logging rights to more than 35 million acres (142,000 km²) of land in Canada. Logging is the process in which Trees are cut down for Forest management and Timber. 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. Lumber or timber is Wood in any of its stages from felling through readiness for use as structural Material for Construction, or Wood is hard fibrous lignified structural tissue produced as secondary Xylem in the stems of Woody plants notably trees but also shrubs Real estate is a legal term (in some jurisdictions notably in the USA, United Kingdom
The company's operations are divided into five major business segments:
The company also operates an IT internship program to develop professionals for employment in its IT department. Information technology ( IT) as defined by the Information Technology Association of America (ITAA is "the study design development implementation support An intern or stagiaire is one who works in a temporary position with an emphasis on on-the-job training rather than merely employment making it similar to an Apprenticeship
The company sponsors the Weyerhauser Au Sable River Canoe Marathon, which runs 120 miles (193 km) from Grayling to Oscoda, Michigan. The AuSable River International Canoe Marathon is an annual Canoe race in Michigan from Grayling to Oscoda. Grayling is a city in the US state of Michigan and the County seat of Crawford County. Oscoda is an Unincorporated community in the US state of Michigan located on the northern side of the Au Sable River where it enters It is one of three marathon races that constitute canoe racing's Triple Crown. This article discusses flatwater racing (sprint and marathon racing, competitive forms of Canoeing and Kayaking on more or less flat water The race is always held the last full weekend in July during the Grayling's annual Milltown Festival.
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.
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. Richard (Dick Francis Haskayne, OC AOE BComm LLD FCA (born 1934 is a Canadian businessman and philanthropist Martha Robinson Rivers Ingram (born 20 August, 1935) is the chairman of Ingram Industries, chairman of the Vanderbilt University John W Kieckhefer (1887-1970 was an American businessman He took over Enterprise Box & Lumber Company which was a family-run business started by his grandfather Charles Donald Frank Mazankowski, PC, OC, AOE (born July 27, 1935, in Viking Alberta) was a Canadian politician who Steven R Rogel has been Chairman President and Chief Executive Officer of The Weyerhaeuser Company since April 20 1999 Michael Steuert, James Sullivan, and Charles Williamson.
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. The University of Massachusetts Amherst (otherwise known as UMass Amherst, Massachusetts, or UMass) is a research and Land-grant university in Air pollution is the human introduction into the atmosphere of Chemicals Particulate matter, or Biological materials that cause harm or discomfort [5] Major pollutants indicated by the study include formaldehyde, sulfuric acid, acetaldehyde, manganese compounds, and chlorine dioxide. Formaldehyde is a Chemical compound with the formula H2CO It is the simplest Aldehyde —an organic compound containing a terminal Carbonyl Sulfuric (or sulphuric acid, H 2 S[[oxygen O]]4 is a strong Mineral acid. Acetaldehyde, sometimes known as ethanal, is an organic chemical compound with the formula C[[Hydrogen H]]3CH O or MeCHO Manganese (ˈmæŋgəniːz is a Chemical element, designated by the symbol Mn. Chlorine dioxide is a Chemical compound with the formula ClO2 [6] The Environmental Protection Agency has named it a potentially responsible party for at least 18 Superfund toxic waste sites. Superfund is the common name for the United States environmental policy officially known as the Comprehensive Environmental Response Compensation and Liability Act [7]
On October 1, 2002, the company sent detection dogs into the parking lot of their Valliant, Oklahoma paper mill plant looking for drugs in vehicles in response to an employee drug overdose. A detection dog is a Dog that is trained to and works at using its Senses (almost always the sense of smell) to detect substances such as Explosives Valliant is a town in McCurtain County, Oklahoma, United States. They found no drugs, but the dogs alerted on 12 cars with guns in them. [8] Some of the employees were provided by sub-contractors, including Kellogg, Brown & Root (KBR) and Kenny Industrials. KBR Inc (formerly Kellogg Brown & Root) is an American engineering and construction company formerly a subsidiary of Halliburton, based in [9] The company then asked the employees if they would open their vehicles for a hand search, two of them refused, of the remaining 10 vehicles rifles, shotguns, and handguns were found. A rifle is a Firearm designed to be fired from the shoulder with a barrel that has a helical groove or pattern of grooves ("rifling" cut into the barrel walls A shotgun (also known as a scattergun) is a Firearm that is usually designed to be fired from the shoulder which uses the energy of a fixed shell to fire a number [8][9]
All three companies, Weyerhaeuser, KBR, and Kenny, "prohibited the possession of firearms by employees, including in parking lots used by employees. " In addition, "KBR also maintains various bulletin boards throughout the Weyco mill and has posted specific "no weapons" literature on those bulletin boards. Further, '[a]ll KBR employees working at the Valliant Mill have completed a computer safety module which states that no weapons are permitted on the Mill site'. "[9]
On November 14, 2002, the vehicles in the parking lot were searched for a second time. All employees were warned that if contraband, either drugs or firearms, were found a second time, they would be terminated. 12 employees were found with contraband and were immediately suspended. [9]
KBR ultimately determined to terminate their contractors: Steve Bastible, John Bryan, Douglas Rowan, Donald Payne, Larry Mullens and Scott Darden. Kenny Industrials terminated Ryan Lewis. And, Weyerhaeuser terminated Jimmie Wyatt, a shift supervisor of 23 years, with an exemplary record. An additional four employees were terminated, but because these individuals did not file suit against the company, their names remain unpublished. 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. [9]
The plant manager, Randy Nebel, said that firing the men was difficult but he felt safer with all the guns out of the parking lot. Nebel stated that all the employees had been warned of the policy change. [8]
Several of the fired men, the plaintiffs (appellants), filed a civil suit against Weyerhaeuser (a defendant or appellee) for wrongful termination in Oklahoma state court, Bastible, Steve vs. A plaintiff ( Π in Legal shorthand) also known as a claimant or complainant, is the party who initiates a Lawsuit A defendant or defender ( Δ in Legal shorthand) is any party who is required to answer the Complaint of a Plaintiff Weyehaeuser Co. & Unknown Entities (Case No. CJ-02-00601),[10] Wyatt, Jimmie M. vs. Weyehaeuser Company (Case No. CJ-02-00604),[10] Lewis, Ryan vs. Weyehaeuser Company (Case No. CJ-02-00638). [10] In the appeal to Federal court the cases were consolidated and Tulsa attorney Lawrence A. G. "Larry" Johnson (with Belva Barber) represented them. Mr. Johnson, a longtime Second Amendment lawyer, said that this was an injustice that must be addressed. The Second Amendment (Amendment II to the United States Constitution is a part of the United States Bill of Rights that protects the pre-existing [8] Attorneys Robert Dowlut, of Fairfax, Virginia, also filed an Amicus Curiae brief for the National Rifle Association of America on behalf of the plaintiffs (appellants; Bastible, et al). This article refers to the independent city of Fairfax Va For the surrounding unincorporated area of Fairfax County with a Fairfax postal address please see Fairfax County Virginia Amicus curiae or amicus curiæ (plural amici curiae) is a Legal Latin phrase literally translated as "friend of the court" The National Rifle Association, or NRA, is a non-profit ( 501(c(4) group dedicated to the protection of the Second Amendment of the [9][11]
The appellants stated that they were wrongfully discharged because, among other things, they were exercising their constitutional right to bear arms. [9]
The plaintiffs (appellants), Steve Bastible, John Bryan, Douglas Rowan, Donald Payne, Larry Mullens and Scott Darden (case No. 05-7037), Jimmie Wyatt (case No. 05-7038), and Ryan Lewis (case No. 05-7039) lost in lower court and appealed to the United States Court of Appeals. The United States courts of appeals (or circuit courts) are the intermediate appellate courts [9]
From the United States court of appeals for the Tenth Circuit ruling (Weyco is the Weyerhaeuser Company):[9]
The court of appeals upheld the lower courts decision that the employees violated the company (s) policies. [9]
In addition, on April 13, 2006, Wyatt has filed a separate, breach of contract case against the company, Wyatt, Jimmie M. Breach of contract is a Legal concept in which a Binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance vs. Weyehaeuser Company (Case No. CJ-06-00212). [10]