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WEYERHAEUSER 2013 FACT BOOK

WEYERHAEUSER 2013 FACT BOOKfilecache.investorroom.com/mr5ir_weyerhaeuser/354...Average price of homes closed in 2013: $404,000 Quadrant Homes Puget Sound region of Washington State

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Page 1: WEYERHAEUSER 2013 FACT BOOKfilecache.investorroom.com/mr5ir_weyerhaeuser/354...Average price of homes closed in 2013: $404,000 Quadrant Homes Puget Sound region of Washington State

WEYERHAEUSER 2013 FACT BOOK

Page 2: WEYERHAEUSER 2013 FACT BOOKfilecache.investorroom.com/mr5ir_weyerhaeuser/354...Average price of homes closed in 2013: $404,000 Quadrant Homes Puget Sound region of Washington State

2

TIMBERLANDS

OUR TIMBERLANDS SEGMENT:• growsandharveststreesforuseaslumber,otherwoodandbuildingproductsandpulpandpaper;

• exportslogstoothercountrieswheretheyaremadeintoproducts;• plantsseedlingstoreforestharvestedareasusingthemosteffectiveregenerationmethodforthesiteandspecies(inpartsofCanada naturalregenerationisemployed);

• monitorsandcaresforthenewtreesastheygrowtomaturity;and• seekstosustainandmaximizethetimbersupplyfromourforestlandswhilekeepingthehealthofourenvironmentakeypriority.

PRODUCTS

MAIN PRODUCTS HOW THEY’RE USEDLogs Logsaremadeintolumber,otherwoodandbuilding

productsandpulpandpaperproducts.

Timberlands Timberlandtractsareexchangedtoimproveourtimberlandportfoliooraresoldtothirdpartiesbyourlanddevelopmentsubsidiarywithinthissegment.

Timber Standingtimberissoldtothirdparties.

Minerals,oilandgas Minerals,oilandgasaresoldintoconstructionandenergymarkets.

Otherproducts Otherproductsincludesseedandseedlings, recreationalleases,aswellasplywoodandhardwoodlumberproducedbyourinternationaloperations inSouthAmerica.

REGIONAL STANDING TIMBER INVENTORY INFORMATION

United States GEOGRAPHIC AREA TOTAL INVENTORY AT DECEMBER 31, 2013

MILLIONS OF CUBIC METERSWest:Dougfir/Cedar 154Whitewood 32Otherconifer 1Hardwood 12

South:Southernyellowpine 107Hardwood 28

Total U.S. 334

International GEOGRAPHIC AREA TOTAL INVENTORY AT DECEMBER 31, 2013

MILLIONS OF CUBIC METERSUruguay 9

Canadian Licensed Timberlands GEOGRAPHIC AREA TOTAL INVENTORY AT DECEMBER 31, 2013

MILLIONS OF CUBIC METERSAlberta 274BritishColumbia 38Ontario 39Saskatchewan 102Total Canada 453

PORTFOLIO OF TIMBERLAND ASSETS

U.S. Owned and Leased TimberlandsACRES IN THOUSANDS

South

Alabama 544

Arkansas 566

Louisiana 1,008

Mississippi 812

NorthCarolina 545

Oklahoma/Texas 546

West

Oregon 1,274

Washington 1,323

TOTAL6.6millionacres

Canadian Licensed TimberlandsACRES IN MILLIONS

Alberta 5.3

BritishColumbia 1.0

Ontario 2.6

Saskatchewan 5.0

TOTAL13.9millionacres

International Owned and Leased TimberlandsACRES IN THOUSANDS

Uruguay 323

TOTAL323thousandacres

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3WEYERHAEUSER COMPANY 2013 FACT BOOK

MAP OF TIMBERLANDS, MINERAL AND ENERGY MANAGED ASSETS AS OF THE END OF 2013

TIMBERLANDS Over4millionacresPrimarilyloblollypine100%certifiedtosustainableforestrystandards

MINERAL AND ENERGY MANAGED ASSETSSurfaceacres 3.4millionNetmineralacres 3.7millionActiveminingleases 16(16,307acres)Geothermalagreements —Windagreements 6Activeoil&gasleases/options 538(260,256acres)

SOUTHERN UNITED STATES

TIMBERLANDS2.6millionacresHigh-valueDouglasfirWell-locatedforexportmarkets100%certifiedtosustainableforestrystandards

MINERAL AND ENERGY MANAGED ASSETSSurfaceacres 2.0millionNetmineralacres 3.4millionActiveminingleases 22(5,689acres)Geothermalagreements 8Windagreements 5Activeoil&gasleases/options 19(93,044acres)

WESTERN UNITED STATES

LEGENDMINERALSSURFACE OWNERSHIPFEEOWNERSHIP(SURFACEANDMINERALS)

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4

OUR WOOD PRODUCTS SEGMENT:•providesafamilyofhigh-qualitysoftwoodlumber,engineeredlumber,structuralpanelsandotherspecialtyproductstotheresidential, multifamilyandlightcommercialmarkets;

•sellsourproductsandservicesprimarilythroughourownsales organizationsanddistributionfacilitiesaswellasbuildingmaterials thatwepurchasefromothermanufacturers;

•sellscertainproductsintotherepairandremodelmarketthrough thewoodpreservingandhome-improvementwarehousechannels; and

•exportsoursoftwoodlumber,orientedstrandboard(OSB)and engineeredbuildingmaterialstoAsia.

WOOD PRODUCTS

PRODUCTS

Structural Lumber

PRODUCTS DESCRIPTION

Structurallumber Structuralframingfornewresidential,repairandremodel,treatedapplications,industrialandcommercialstructures.

Engineeredlumber•Solidsection•I-joists

Floorandroofjoists,andheadersandbeamsforresidential,multi-familyandcommercialstructures.

Structuralpanels•Orientedstrandboard(OSB)•Softwoodplywood

Structuralsheathing,subflooringandstairtreadforresidential,multi-familyandcommercialstructures.

Otherproducts Complementarybuildingproductssuchascedar,decking,siding,insulation,rebarandengineeredlumberconnectors.

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5WEYERHAEUSER COMPANY 2013 FACT BOOK

(1)PresscapacityisallocatedtoML&TJIproductlinesbasedonprojecteddemand(2)RestartingperAugust2013announcement

Totalcapacity:4.6billionboardfeetTotalfacilities:18

Engineered Wood Products

Engineered Solid Section(1)

CUBIC FEET IN MILLIONS

Buckhannon,WV 7

Eugene,OR 3

Evergreen,AL(2) 4

Kenora,ON 12

Natchitoches,LA 2

Vancouver,BC 4

Totalcapacity:32millioncubicfeetTotalfacilities:6

Engineered I-Joists(1)

LINEAL FEET IN MILLIONS

Eugene,OR 118

Evergreen,AL(2) 61

Natchitoches,LA 125

Totalcapacity:304millionlinealfeetTotalfacilities:3

Panels

Oriented Strand BoardSQUARE FEET 3/8" IN MILLIONS

Arcadia,LA 425

Edson,AB 440

Elkin,NC 425

Grayling,MI 535

HudsonBay,SK 550

Sutton,WV 640

Totalcapacity:3.0billionsquarefeetTotalfacilities:6

PlywoodSQUARE FEET 3/8" IN MILLIONS

Emerson,AR 210

Zwolle,LA 250

Totalcapacity:460millionsquarefeetTotalfacilities:2

MILL LOCATIONS AND CAPACITIES

Structural Lumber (SL)

Western United States (SL)BOARD FEET IN MILLIONS

CottageGrove,OR 425

Longview,WA 450

Raymond,WA 215

Santiam,OR 350

Totalcapacity:1.5billionboardfeetTotalfacilities:4

Southern United States (SL)BOARD FEET IN MILLIONS

Bruce,MS 235

Dierks,AR 310

Dodson,LA 205

Greenville,NC 260

Holden,LA 170

Idabel,OK 190

McComb,MS 245

Millport,AL 110

NewBern,NC 120

Philadelphia,MS 224

Plymouth,NC 260

Totalcapacity:2.3billionboardfeet.Totalfacilities:11

Canada (SL)BOARD FEET IN MILLIONS

DraytonValley,AB 215

GrandePrairie,AB 330

Princeton,BC 300

Totalcapacity:0.8billionboardfeetTotalfacilities:3

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6

MILL LOCATIONS AND CAPACITIES

METRIC TONS IN THOUSANDS

Columbus,MS 465

FlintRiver,GA 359

GrandePrairie,AB 383

NewBern,NC 312

PortWentworth,GA 329

Totalcapacity:1.8millionmetrictons

Totalfacilities:5

LIQUID PACKAGING BOARD CAPACITY

TONS IN THOUSANDS

Longview,WA 315

CELLULOSE FIBERS

OUR CELLULOSE FIBERS SEGMENT:•providescellulosefibersforabsorbentproductsinmarketsaround theworld;

•workscloselywithourcustomerstodevelopuniqueorspecialized applications;

•manufacturesliquidpackagingboardusedprimarilyfortheproduction ofcontainersforliquidproducts;and

•islargelyenergyselfsufficient,with83percentofitsenergyderived fromblackliquorproducedatthemillsandbiomass.

PRODUCTS

PRODUCTS HOW THEY’RE USED

Pulp•Fluffpulp(Southern softwoodkraftfiber)

•Softwoodpapergradepulp•Specialtychemicalcellulosepulp

•Usedinsanitarydisposableproductsthatrequirebulk,softnessandabsorbency

•Usedinproductsthatincludeprintingand writingpapersandtissue

•Usedintextiles,absorbentproducts, specialtypackaging,specialtyapplications andproprietaryhigh-bulkingfibers

Liquidpackagingboard Convertedintocontainerstoholdliquidssuch asmilk,juiceandtea

Otherproducts•Slushpulp•Wetlappulp

Usedinthemanufactureofpaperproducts

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7WEYERHAEUSER COMPANY 2013 FACT BOOK

REAL ESTATE OUR REAL ESTATE SEGMENT FOCUSES ON:•constructingsingle-familyhousingand• developingresidentiallotsforouruseandforsale.

REAL ESTATE OPERATIONSCOMPANY PRINCIPAL MARKETS PRODUCT MIX(1) PRODUCT PRICES

MaracayHomes PhoenixandTucson,Arizona Entry-levelhomes Range:$165,000–$508,000

Move-uphomes Range:$219,000–$520,000

Averagepriceofhomesclosedin2013:$315,000

PardeeHomes LosAngeles,InlandEmpireand SanDiego,CaliforniaandLasVegas,Nevada

Entry-levelhomes Range:$189,000–$350,000

Move-uphomes Range:$337,000–$700,000

Luxuryhomes Range:$500,000–$2,500,000

Averagepriceofhomesclosedin2013:$404,000

QuadrantHomes PugetSoundregionof WashingtonState

Entry-levelhomes Range:$187,000–$370,000

Move-uphomes Range:$256,000–$641,000

LuxuryHomes Range:$1,065,000(oneclosingin2013)

Averagepriceofhomesclosedin2013:$320,000

TrendmakerHomes Houston,Texas Move-uphomes Range:$271,000–$985,000

Move-uphomes (vacationorsecondhome)

Range$246,000-$480,000

Averagepriceofhomesclosedin2013:$445,000

WinchesterHomes MarylandandVirginiasuburbsofWashington,DCandRichmond,Virginia

Entry-levelhomes Range:$351,000–$650,000

Move-uphomes Range:$479,000–$1,109,000

Luxuryhomes Range:$802,000–$2,247,000

Averagepriceofhomesclosedin2013:$631,000

(1)Manyofourcommunitiescontainamixtureofproductsincludingentry-level,move-upandluxuryhomes.

MAP OF REAL ESTATE OPERATIONS

WHERE SMART SOLUTIONS LIVE

Houston’s Leader in Affordable Luxury–PrincipalMarkets

OnNovember4,2013,weannouncedthatwehadenteredintoatransactionagreementdatedasofNovember3,2013withTRIPointeHomes,Inc.(TRIPointe).Pursuantto thetransactionagreement,WRECOwillbedivestedthroughaReverseMorrisTrusttransactionandultimatelybecomeawhollyownedsubsidiaryofTRIPointe.

Page 8: WEYERHAEUSER 2013 FACT BOOKfilecache.investorroom.com/mr5ir_weyerhaeuser/354...Average price of homes closed in 2013: $404,000 Quadrant Homes Puget Sound region of Washington State

FOR MORE INFORMATION, PLEASE VISIT:http://investor.weyerhaeuser.com

All data as of December 31, 2013