Timber giant Weyerhaeuser planning to close 2 mills in Washington State

Weyerhaeuser posted a 52 percent drop in earnings yesterday and announced plans to close mills in Aberdeen and nearby Cosmopolis, Grays Harbor County, to become more profitable.

The forest-products giant said earlier this month it plans to sell or close a 690-employee pulp and paper mill in northern Saskatchewan as a result of poor market conditions.

Chief Executive Steven Rogel said the moves are "by no means the final steps" as the company reviews its businesses. "There are more tough decisions ahead."

By Melissa Allison

Seattle Times business reporter

Full Story: http://seattlepi.nwsource.com/business/245566_weyerhaeuser22.html