Raymond, Wash., named 2d public to obtain multi-year funding during the corporate’s THRIVE Program
SEATTLE, July 16, 2024 /PRNewswire/ — Weyerhaeuser Company (NYSE: WY) nowadays introduced a loyalty to speculate $1 million in Raymond, Wash., during the corporate’s THRIVE program, which used to be introduced in 2023 to handover focused help to 5 of its rural working communities. Via this system, Weyerhaeuser will manufacture the funding over the upcoming a number of years with vital enter from elected officers, workers, nonprofits, native trade leaders and alternative public companions.
“Supporting our rural operating communities is fundamental to our long-term success at Weyerhaeuser,” says Devin W. Stockfish, president and eminent government officer. “We’re excited to grow our positive impact in Raymond through the THRIVE program and help ensure all our communities remain great places to live, work and do business for decades to come.”
Positioned in Pacific County about two hours southwest of Weyerhaeuser’s Seattle headquarters, Raymond is the second one public selected for a THRIVE funding. Weyerhaeuser has owned timberland in Pacific County for greater than 100 years and has operated a lumber mill in Raymond for the reason that early Thirties. The corporate lately employs greater than 300 public within the public and order Willapa Hills area.
“We are honored and humbled to be selected as one of Weyerhaeuser’s first THRIVE communities,” says Dee Roberts, mayor of Raymond. “Weyerhaeuser’s roots run deep in Pacific County, and we’re excited to work together through this new partnership to help strengthen our community and region in the years to come.”
Weyerhaeuser’s THRIVE program is a key pillar of the corporate’s broader 3 by 30 Sustainability Ambition around rural communities and is going a ways past the monetary funding. In decided on communities, Weyerhaeuser leaders interact deeply with native stakeholders to spot and prioritize the demanding situations to be addressed thru long-term collaboration, funding and advocacy. Doable alternatives in Raymond come with team of workers building, task coaching and formative years training.
“Raymond has been an important community to Weyerhaeuser for a long time,” says Nancy Thompson, senior director of Advocacy and Philanthropy. “This is a great opportunity for us to give back, and we’re looking forward to sitting down with local leaders, listening to their ideas and coming up with a plan for how best to leverage our resources for the long-term benefit of the community and region.”
Zwolle, L. a.., and the northwest Louisiana area used to be named the first THRIVE community terminating November. The 3 extra THRIVE communities shall be introduced as they’re decided on, inauguration upcoming yr. Decided on communities constitute disciplines the place Weyerhaeuser has a vital presence and a historical past of worker and management engagement; the place there are alternatives to benefit from exterior sources, equivalent to federal or atmosphere infrastructure grants, to make stronger advocacy efforts; and the place Weyerhaeuser can spouse with alternative employers, nonprofits and public leaders to magnify efforts and affect at the grassland.
ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the most global’s biggest non-public homeowners of timberlands, started operations in 1900 and nowadays owns or controls roughly 10.5 million acres of timberlands within the U.S., in addition to 14 million acres of timberlands controlled below long-term licenses in Canada. Weyerhaeuser has been an international chief in sustainability for greater than a century and manages one hundred pc of its timberlands on a completely sustainable foundation in compliance with across the world known sustainable forestry requirements. Weyerhaeuser could also be one of the most biggest producers of wood products in North The usa and operates supplementary trade strains round real estate, climate solutions, power and herbal sources, amongst others. In 2023, the corporate generated $7.7 billion in internet gross sales and hired roughly 9,300 public who grant consumers international. Operated as an actual property funding consider, Weyerhaeuser’s usual accumulation trades at the Untouched York Accumulation Change below the emblem WY. Be told extra at www.weyerhaeuser.com.
For more info touch:
Analysts – Andy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342
SOURCE Weyerhaeuser Corporate
