LUMBERYARDS

WOLF adds Poly-Ash Moulding to its lineup

BY HBSDEALER Staff

WOLF has a new collection in its arsenal. Its Poly-Ash Moulding is a new line of exterior trim made with more than 70% recycled material that seeks to correct the limitations of wood and PVC.

The mouldings are made with Boral TruExterior Trim and are manufactured entirely in the U.S. They’re also covered by Boral TruExterior Trim’s 20-year limited warranty once painted.

Designed with durability in mind, the mouldings offer resistance to rotting, cracking, splitting and termites, and they eliminate the need for end-sealing or special adhesives.

They come in five designer profiles and 11 additional special order profiles, and they’re easy to cut, rout, miter and shape.

The line is now available exclusively to independent dealers across the 33 states in WOLF’s network.

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Thompson River joins APA

BY HBSDEALER Staff

Kamloops, British Columbia-based Thompson River Veneer Products Ltd., a dry veneer supplier and plywood producer, has joined the APA – The Engineered Wood Association.

The APA Board of Trustees approved the Canadian plywood manufacturer for membership, making it the fourth supplier of its kind to join the organization this year.

"We are pleased to include Thompson River Veneer Products in our growing family of Canadian plywood manufacturers," said Ed Elias, APA president. "We’re working with them now as they transition over to APA’s quality auditing program, and we look forward to extending the full suite of APA’s services."

Thompson River’s membership will be effective Aug. 1, 2014.

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Weyerhaeuser closes the deal on WRECO merger

BY HBSDEALER Staff

Federal Way, Washington-based Weyerhaeuser Company announced the successful closing of a deal to separate its home-building business from its forest products core.

The previously announced "Reverse Morris Trust" transaction results in the merger of a TRI Pointe Homes subsidiary and Weyerhaeuser Real Estate Co., Weyerhaeusers’ home-building business. WRECO becomes a wholly owned subsidiary of TRI Pointe. 

"The separation of WRECO focuses Weyerhaeuser on its forest products businesses while significantly enhancing shareholder value," said Doyle Simons, president and CEO. 

As a result of this transaction, Weyerhaeuser received approximately $700 million in cash proceeds and retired over $1.9 billion worth of the company’s shares.

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