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
- Porsche reportedly developing electric version of 718 sports car
- Tesla Model Y Performance becomes little bit more expensive to order in China
- Porsche’s recently unveiled Mission R Concept previews electric race cars of future
- Chinese manufacturer GAC’s Aion V e-SUV can charge 0-80% in just 8 minutes
- Oshidori International exits Japanese casino race, citing serious ethical irregularities
- Plug-in cars’ share grows to 32% in Netherlands in September 2021
- Italian motorcycle racer Valentino Rossi enters e-bike business with VR46 MTB range
- Micro Mobility shows off production version of Microlino 2.0 and 3-wheeled e-scooter
- Chinese electric motorcycle maker Evoke Motorcycles to set up shops in Spain
- TenneT adds more electric BMWs to study use of EVs to support power grids