Weyerhaeuser Company is investing an estimated $500 million in the facility, which is expected to create 200 high-quality jobs in the region once fully operational.
Weyerhaeuser
Expected to deliver an average annual timber free cash flow yield of 5.1% over the first five years.
The facility has annual output of 234 million board feet of lumber.
This partnership expands and enhances the selection of exterior cladding available to its dealers and customers in Texas and will make Nichiha’s innovative products more widely available to builders across the state and region, starting later this year.
Adjusted EBITDA for Q1 2025 was $328 million, compared with $352 million for the same period last year and $294 million for Q4 2024.