Weyerhaeuser Company, one of the world’s largest private owners of timberlands, announced Monday (Nov. 18) plans for a $500 million investment to build a new, state-of-the-art timber processing facility near Monticello and Warren, Ark.. The new facility will expand Weyerhaeuser’s engineered wood products capacity, adding approximately 10 million cubic feet of annual production capacity. Using southern yellow pine as the primary feedstock, Weyerhaeuser will manufacture TimberStrand®, a laminated strand lumber, at the Arkansas facility and will use a biomass-fueled cogeneration system to fully supply the plant’s electrical needs. This is Weyerhaeuser ...