Weyerhaeuser takes Q4 charges


9 November 2005 – Federal Way (WA): Weyerhaeuser has announced it is taking a pre-tax charge of $21 million in its Q4 for the closure of its Wright City plywood mill in Oklahoma.

The company also revealed it is taking a $3 million pre-tax charge for the termination benefits of approximately 100 employees laid off, following the cessation of operations at the mill.