The clean energy company says it has reached a deal to develop 1,000 MW of utility-scale solar and solar-plus-storage projects.
Latest In Weyerhaeuser
Sustainable outdoor living company and wood product manufacturer expand Weyerhaeuser’s product portfolio with AZEK Building Products.
Keatley’s promotion followed the planned retirement of Adrian Blocker, who will stay on through mid-October to serve as a senior advisor.
For the first six months, Weyerhaeuser reported sales of $5.7 billion, up 68.2% over the same period a year ago.
The company reported a loss of $289 million during the quarter.
Sales for the fourth quarter were up 10.3 percent year-over-year.
The company will also sell 100,000 acres of Southern Timberlands to Twin Creeks Timber LLC.
Company's profit more than doubled in the quarter to $157 million.
Company more than doubles profit to $1 billion during year.
Company divesting division to Nippon Paper Industries for $225 million.
Company also plans to merge with Plum Creek Timber Company.
Profit more than doubled for the wood products manufacturer.
