Jan 10, 2006. /Lesprom Network/. Weyerhaeuser Company, one of the world’s largest integrated forest products companies, announced on December 30, 2005 that it has completed the sale and transfer of its composite panels assets in France to Financiera Maderera S.A. (FINSA), the largest producer of particleboard in Spain. Terms of the sale were not disclosed. Weyerhaeuser said the facilities are a better strategic fit for FINSA, which has a larger European presence. The Linxe facility has the capacity to produce 230 million square feet while the Morcenx facility has a manufacturing capacity of 100 million square feet. Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2004, sales were $22.7 billion. It has offices or operations in 19 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities.