Weyerhaeuser Completes Sale of Liquid Packaging Board Business to Nippon
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Weyerhaeuser Co., Federal Way, Wash., USA, this week announced completion of the sale of its liquid packaging board business to Nippon Paper Industries Co., Japan, for
The liquid packaging board business consists of one mill located in Longview, Wash., with an annual capacity of 280,000 tons.
"Nippon Paper Industries is acquiring a strong portfolio of high quality products and a well-regarded employee team that has contributed much to Weyerhaeuser over the years," said Doyle R. Simons, Weyerhaeuser president and CEO. "This transaction further focuses our company as we work together to be the world's premier timber, land, and forest products company."
