Saturday, February 04, 2006

Weyerhaeuser Reports loss for Forth Quarter

The paper industry is beginning to report results for the forth quarter. Weyerhaeuser joins International Paper in reporting a loss. Weyerhaeuser had a net loss of $211million. Management sited capacity curtailment and cutting jobs were primary reasons. Certainly, higher energy costs did not help!
Paper.com has all the Weyerhaeuser grades, available and ready for immediate shipment.

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