Located in strong and growing sawlog and fiber markets in the US South, the highly productive timberlands will be well-integrated with existing Weyerhaeuser timberland & mill operations in North Carolina, and expand the company’s footprint into attractive markets in southeastern Virginia.
May 30, 2025
Weyerhaeuser Company has acquired approximately 117,000 acres of high-quality timberlands in North Carolina and Virginia from Roanoke Timberlands LLC, a subsidiary of Roseburg Forest Products, for USD 375 million.
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Located in strong and growing sawlog and fiber markets in the US South, the highly productive timberlands will be well-integrated with existing Weyerhaeuser timberland and mill operations in North Carolina, and expand the company’s footprint into attractive markets in southeastern Virginia. It will offer substantial alternative value opportunities.
Mature planted pine age class is expected to produce an average annual harvest of 7.4 tonnes per acre over the first five years.
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The acquisition is expected to close in the third quarter and is subject to customary closing conditions. When the acquisition is complete, Weyerhaeuser will own or manage approximately 744,000 acres of timberlands in North Carolina and 150,000 acres in Virginia, along with three mills, two distribution centers and additional field offices, employing more than 600 people across the two states.
