Forest products manufacturer Weyerhaeuser Co. said Feb. 5 it will indefinitely close its veneer and lumber mills in Pine Hill, Ala., effective immediately due to decreased demand from the housing market. The announcement will affect approximately 300 employees at the site.
"The demand for residential wood products continues to erode and this announcement is a direct result of the business environment we face," said Tom Gideon, executive vice president, Forest Products.
Weyerhaeuser will support affected employees through the closure and will provide transition benefits.
Weyerhaeuser continues to employ approximately 350 in Alabama at facilities in Evergreen, Tuscumbia, Millport, Marion, Sweet Water, and Camden. Additionally, Weyerhaeuser owns and sustainably manages more than 580,000 acres of timber in the state.
