Chart Newsroom

Print News Release

Weyerhaeuser Indefinitely Curtails a Production Line in East Kentucky

PRNewswire-FirstCall
CHAVIES, Ky.
Dec 11, 2006

Weyerhaeuser announced today that it will indefinitely curtail production on its East Kentucky iLevel™ Trus Joist® TJI® joists line, effective immediately. The announcement does not affect its adjacent iLevel™ Trus Joist® TimberStrand® LSL operation.

  (Logo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
         http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b )

The company expects the curtailment to last for all of 2007, affecting about 40 hourly and salaried positions at the site. Affected associates will receive full pay for 60 days, as well as a lump sum based on years of service.

"Demand for engineered wood products has fallen to severe levels, and the company will not need the production from the East Kentucky TJI® joists line capacity during 2007," said Lynn Davison, plant manager at the facility. "Against the backdrop of industry-wide market challenges for wood products, we determined that we have to indefinitely curtail production on this line."

"We want to be clear that the downtime is not related to the performance of associates. We recognize the hard work and dedication by the team this year," Davison said. "Weyerhaeuser's employees work diligently to make our mills competitive and today's announcement is a reflection of the challenging business environment we face. We recognize the impact of this curtailment on the people in the Hazard community, and we will do our best to work with state and local leaders to assist in the transition."

The East Kentucky TJI® joists line was acquired when Weyerhaeuser purchased the Trus Joist business in 1999. Its estimated annual production is 60 million lineal feet.

In Kentucky, Weyerhaeuser employs approximately 1,350 people and continues to operate many other businesses, including an iLevel™ Trus Joist® TimberStrand® LSL mill in East Kentucky, an iLevel™ service center in Louisville, a containerboard site in Henderson and packaging sites in Bowling Green, Richmond and Louisville. In addition, Weyerhaeuser operates a paper converting site in Owensboro and a cellulose fibers and fine paper site in Hawesville.

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. Additional information about Weyerhaeuser's businesses, products and practices is available at http://www.weyerhaeuser.com/ .

For more information contact:

Monte Simpson (706) 565-3118 or (706) 508-5282

Photo: http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-a
http://www.newscom.com/cgi-bin/prnh/20040116/WYLOGO-b
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com

SOURCE: Weyerhaeuser Company

CONTACT: Monte Simpson of Weyerhaeuser Company, +1-706-565-3118, or
+1-706-508-5282

Web site: http://www.weyerhaeuser.com/

Top
Welcome to Weyerhaeuser's new website!

You appear to be using an older browser. This website is best viewed using the latest versions of Internet Explorer, Chrome, Safari, and Firefox. If you proceed without upgrading or switching browsers, you may not experience optimal navigation or page functionality. Thank you for your interest in Weyerhaeuser and we hope you enjoy your visit.

Update my browser now

×