More disturbing news for the forest industry and the Northern Ontario
economy.
Weyerhaeuser is reporting a $211-million loss in the final
quarter of 2005.
Spokesperson Bruce Amundson says they will review the Company’s entire portfolio this year and will take action when it comes to poor performers.
Weyerhaeuser recorded profits of nearly $200-million just a year ago.
Huge Loss for Weyerhaeuser
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