Weyerhaeuser Reports Work Stoppage

Sep 19, 2022 | Markets | 0 comments

USA – – Weyerhaeuser announced that a work stoppage involving members of the International Association of Machinists and Aerospace Workers (IAM) union is impacting its operations in Oregon and Washington.

1001WEYERHAUSER Weyerhaeuser has approximately 1,200 employees who are members of IAM, including employees in the company’s Wood Products and Timberlands organizations

“We have been formally engaged in collective bargaining with IAM since May, and we have made several offers related to wages and benefits,” says Denise Merle, senior vice president and chief administration officer for Weyerhaeuser. “After we presented our final offer, IAM workers at multiple sites went on strike late last night. While we are very disappointed in their decision to walk out, we are committed to supporting our employees and negotiating in good faith with union representatives. We are prepared to continue discussions to produce a contract that is beneficial for employees and sustainable for the company across business cycles.” Weyerhaeuser will continue working closely with customers and other partners in the region to minimize supply disruptions.

Weyerhaeuser Company is one of the world’s largest private owners of timberlands, began operations in 1900. It controls approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. Weyerhaeuser is also one of the largest manufacturers of wood products in America. In 2021, it generated USD 10.2 billion in net sales and employed approximately 9,200 people who serve customers worldwide.

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