Weyerhaeuser is moving HQ to Seattle

Weyerhaeuser Company has announced its plans to move its headquarters from its current Federal Way, Washington location to Seattle.

"There are two main drivers for this decision, which we made after thorough analysis of various options for the location of our headquarters," said Doyle R. Simons, president and CEO. "First, our 430-acre campus in Federal Way is costly and too large for our needs. Second, moving our headquarters to Seattle will give us access to a larger talent pool to meet future recruiting needs, not just in this region, but from across the country."

As such, Weyerhaeuser will divest the land and buildings under its ownership in Federal Way as it looks ahead to its new chapter in Seattle.

The new headquarters, which is currently under construction and is due for completion in mid to late 2016, will be located at 200 Occidental Avenue in Seatle.

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