Weyerhaeuser announces agreement to sell 145,000 acres of timberlands in washington's north cascades, completes acquisition of southwest alabama timberlands

Seattle, april 30, 2021 /prnewswire/ --  weyerhaeuser company  (nyse: wy) today announced the completion of its acquisition of 69,200 acres of high-quality alabama timberlands from soterra, a subsidiary of greif, inc., for approximately $149 million earlier this week. separately, the company announced an agreement to sell 145,000 acres of timberlands in the north cascades region of washington to hampton resources for $266 million.
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