Weyerhaeuser Investor Relations
Jul 31, 2006
In their largest combined gift to a U.S.- based conservation organization, Weyerhaeuser Company and the Weyerhaeuser Company Foundation have pledged $1 million to The Nature Conservancy, offering to support a range of forest conservation and biodiversity projects in both the Northwest and the Southeast, the Conservancy announced today.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b )
The contributions will include both cash and interests in forest land. Weyerhaeuser is focusing on projects in the Northwest and the Southeast because the paper and forest products company owns or leases 6.4 million acres of managed forests in those two regions.
Over the next five years, Weyerhaeuser and the Conservancy will select projects in several states, including Washington, Oregon, North Carolina, Mississippi, Arkansas, Alabama, Louisiana and Oklahoma. The first round of projects will be selected this fall. The company and the organization have also agreed to work collaboratively to improve their understanding of managed forests and biodiversity conservation.
The Weyerhaeuser Company Foundation works to improve the quality of life in communities where Weyerhaeuser has a presence and increase understanding of the importance and sustainability of forests and products. Begun in 1948, the Foundation has contributed more than $183 million to non-profit organizations.
Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2005, sales were $22.6 billion. It has offices or operations in 18 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. All of the company's U.S. forests are certified under the Sustainable Forestry Initiative™, a comprehensive system of principles, objectives and performance measures that combines the perpetual growing and harvesting of trees with long-term protection of wildlife, plants, soil and water quality.
Additional information about Weyerhaeuser's businesses, products and practices is available at http://www.weyerhaeuser.com/ .
The Nature Conservancy is a private, international, non-profit organization that preserves plants, animals and natural communities representing the diversity of life on Earth by protecting the lands and waters they need to survive. To date, the Conservancy and its nearly one million members have been responsible for the protection of more than 12 million acres in the United States and have helped preserve more than 80 million acres in Latin America, the Caribbean, Asia and the Pacific. In Washington, the Conservancy and its nearly 30,000 members have helped to protect more than 500,000 acres.
More information about the Conservancy and its efforts to conserve our planet's biodiversity can be found on the Web at www.nature.org .Photo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
SOURCE: Weyerhaeuser Company
CONTACT: Leslie Brown of Nature Conservancy, +1-206-343-4345, or
firstname.lastname@example.org; or Frank Mendizabal of Weyerhaeuser, +1-253-924-3357, or
Web site: http://www.weyerhaeuser.com/