Willamette Industries
Company Name | Willamette Industries |
Category | Lumber & Forestry |
Year Founded | 1906 |
Final Year of Operation | 2002 |
Termination | Acquired |
Successor/Parent | Weyerhaeuser (Details) |
Country | United States (Details) |
Source of Text | Wikipedia |
Text Credit URL | Link |
Company History:
Willamette Industries, Inc. was a Fortune 500 forest products company based in Portland, Oregon, United States.
Willamette Industries was founded in Dallas, Oregon, in 1906 as the Willamette Valley Lumber Company. In 1967, this company and several others merged to become Willamette Industries. The company continued to grow through acquisitions, including purchasing Bohemia, Inc. in 1991, which at the time was one of the largest lumber companies in Oregon. By 1999 it had grown to 14,000 employees with $4 billion in annual revenues and more than 100 facilities across the United States.
In 2002, the lumber and paper company was purchased by competitor Weyerhaeuser of Federal Way, Washington in a hostile buyout and merged into Weyerhaeuser's existing operations.
Willamette Industries was founded in Dallas, Oregon, in 1906 as the Willamette Valley Lumber Company. In 1967, this company and several others merged to become Willamette Industries. The company continued to grow through acquisitions, including purchasing Bohemia, Inc. in 1991, which at the time was one of the largest lumber companies in Oregon. By 1999 it had grown to 14,000 employees with $4 billion in annual revenues and more than 100 facilities across the United States.
In 2002, the lumber and paper company was purchased by competitor Weyerhaeuser of Federal Way, Washington in a hostile buyout and merged into Weyerhaeuser's existing operations.
Successor/Parent History:
Weyerhaeuser (pronounced "Warehouser") Company, is one of the world's largest private owners of timberlands, owning or controlling nearly 12.4 million acres of timberlands in the U.S. and managing additional 14.0 million acres timberlands under long-term licenses in Canada. The company also manufactures wood products. Weyerhaeuser is a real estate investment trust.
In 1904, after years of successful Mississippi River-based lumber and mill operations with Frederick Denkmann and others, Frederick Weyerhaeuser moved west to fresh timber areas and founded the Weyerhaeuser Timber Company. Fifteen partners and 900,000 acres (3,600 km²) of Washington timberland were involved in the founding, and the land was purchased from James J. Hill of the Great Northern Railway. In 1929, the company built what was then the world's largest sawmill in Longview, Washington. Weyerhaeuser's pulp mill in Longview, which began production in 1931, sustained the company financially during the Great Depression. In 1959, the company eliminated the word "Timber" from its name to better reflect its operations. In 1965, Weyerhaeuser built its first bleached kraft pulp mill in Canada. Weyerhaeuser implemented its High Yield Forestry Plan in 1967 which drew upon 30 years of forestry research and field experience. It called for the planting of seedlings within one year of a harvest, soil fertilization, thinning, rehabilitation of brushlands, and, eventually, genetic improvement of trees.
In 1904, after years of successful Mississippi River-based lumber and mill operations with Frederick Denkmann and others, Frederick Weyerhaeuser moved west to fresh timber areas and founded the Weyerhaeuser Timber Company. Fifteen partners and 900,000 acres (3,600 km²) of Washington timberland were involved in the founding, and the land was purchased from James J. Hill of the Great Northern Railway. In 1929, the company built what was then the world's largest sawmill in Longview, Washington. Weyerhaeuser's pulp mill in Longview, which began production in 1931, sustained the company financially during the Great Depression. In 1959, the company eliminated the word "Timber" from its name to better reflect its operations. In 1965, Weyerhaeuser built its first bleached kraft pulp mill in Canada. Weyerhaeuser implemented its High Yield Forestry Plan in 1967 which drew upon 30 years of forestry research and field experience. It called for the planting of seedlings within one year of a harvest, soil fertilization, thinning, rehabilitation of brushlands, and, eventually, genetic improvement of trees.
Brief History:
The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.
Item Links:
We found: 2 different collections associated with
Willamette Industries - Lumber & Forestry
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Item created by: gdm
on 2017-10-20 08:42:49
Last edited by: Alain LM on 2022-05-02 01:32:12
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Last edited by: Alain LM on 2022-05-02 01:32:12
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