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Weyco Report

Posted on 29th April 2011 at 08:21

Good news for Weyerhaeuser in the first quarter of the year, as the Federal Way-based timber giant announces net earnings of $99 million, up from a loss of $20 million in the same period last year. President and CEO Dan Fulton says that they’re continuing to make progress in the drive to improve the company’s financial performance, even with the “anemic” housing market. Fulton says that they’re leveraging their strength in the export markets to take advantage of increased demand from Asia.