Seeking Alpha

Weyerhaeuser moving headquarters to Seattle

  • The company's 430-acre campus in Federal Way, WA "is costly and too large for our needs," says CEO Doyle Simons, who also adds the move to Seattle will give Weyerhaeuser (NYSE:WY) access to a larger talent pool.
  • The move - expected to take place in 2016 - will be to a new development in Seattle's Pioneer Square district, and the Federal Way land and buildings will be sold.
  • Press release
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Comments (6)
  • rado403
    , contributor
    Comments (86) | Send Message
     
    At least WY is not moving to Chicago- like Boeing. Chicago the tort capital of the world.
    27 Aug 2014, 10:40 AM Reply Like
  • Frenzy466
    , contributor
    Comments (38) | Send Message
     
    WY is recognizing unnecessary expenses it does not need, we should hope more companies did that...
    27 Aug 2014, 06:46 PM Reply Like
  • Tom Kametz
    , contributor
    Comments (138) | Send Message
     
    It would make more sense if they moved to Atlanta or some point South.
    28 Aug 2014, 11:16 PM Reply Like
  • Frenzy466
    , contributor
    Comments (38) | Send Message
     
    Why? A majority of their N.A. timberland is in the NW....
    23 Sep 2014, 08:43 AM Reply Like
  • Tom Kametz
    , contributor
    Comments (138) | Send Message
     
    No 60% is in the South
    24 Sep 2014, 10:18 AM Reply Like
  • Frenzy466
    , contributor
    Comments (38) | Send Message
     
    I apologize for not being clear when I mentioned N.A. (North America), they currently have 4mm acres in the south out of 20.5mm acres in North America....
    24 Sep 2014, 01:05 PM Reply Like
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