Weyerhaeuser Signs a Non-Binding Letter of Intent to Sell Commercial Construction Business To Atlas Holdings

Weyerhaeuser Company signed a non-binding letter of intent to sell its Trus Joist® Commercial division to Greenwich, Connecticut-based Atlas Holdings. The proposed transaction will include four manufacturing plants across the United States (located in Chino, Calif.; Hillsboro, Ore.; Delaware, Ohio and Stayton, Ore.) and 13 sales and engineering offices. About 428 employees concentrated in the Northwest, Southwest and East serve the business. “Our...