Archive for December, 2009

2010 Looks to be a Better Year

December 31, 2009
By Di Mettler
2010 Looks to be a Better Year

There’s no way to get around it. 2009 was ROUGH! I don’t know of one family in the industry that wasn’t struggling in one way or another. Here’s to a much-improved 2010. I’d like to think we’re headed out of the hole. I’m optimistic, in part, because I’m not the only one that sees...
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Roseburg Death — a Reminder to Stay Safe

December 29, 2009
By Di Mettler
Roseburg Death — a Reminder to Stay Safe

There was an accident yesterday at Douglas County Forest Products, a lumber mill in Roseburg, Oregon, that took the life of a 39-year-old Holger Fussell. The Oregonian reports that he was found severely injured and trapped under a lumber stacker. Although co-workers administered CPR, he was pronounced dead at the hospital. What caused the...
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Weyerhaeuser to Convert to REIT

December 16, 2009
By Di Mettler
Weyerhaeuser to Convert to REIT

On Tuesday Weyerhaeuser announced that it will be converting to an REIT (real estate investment trust) in 2010. The Associated Press reported that Weyerhaeuser had been under pressure to lower its income tax rate — which currently totals 35 percent. This move will definitely lower the company’s tax burden because an investment trust can...
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