Weyerhaeuser Shifting Its Headquarters to Seattle
Weyerhaeuser, the forest products company is surely one among the major companies of the Pacific Northwest and has been there for more than 110 years. It now plans to shift base and relocate its headquarters along with 800 of its employees to Seattle from Federal Way.
The move is expected to take place in 2016 on completion of a new building construction at 200 Occidental Ave. S.
This is not the first time when Weyerhaeuser has taken a decision to move its headquarters. It was founded in 1900 in Tacoma and then in 1971 the company shifted to Federal Way.
Weyerhaeuser plans to sell off its property in Federal Way, which includes office space, research area along with industrial ground of around 750,000 square feet.
About 800 employees who works in the present headquarter building will move to the new facility in Seattle where as 120 employees working in t its research-and-development department in a technology building nearby will remain in Federal Way. Anthony Chavez, a spokesperson from the company said that Weyerhaeuser will be leasing the technology building after it sells it.
New Zealand News
- Tesla offering new discounts & perks in China amid negative press
- Electric Vehicle Council slams Victoria Government for proposed punitive mileage tax on electric cars
- Chinese EV brand Ora unveils VW Beetle-inspired electric car Punk Cat
- Swapping personal car for e-bicycle saved over $50,000 in just 7 years: San Francisco woman
- Hyundai Motor Corp to create ultra-fast EV charging network E-pit in Korea
- Tesla pockets roughly $101 million in profit from sale of some of its bitcoins
- Norway’s ICE car sales decline as buyers making shift to EVs
- Pursang launches Retro-inspired E-Track Motorcycle for Euro 14,449 in Netherlands
- ElectReon successfully tests dynamic wireless EV charging system on public road in Sweden