The company, headquartered in Federal Way, Wash., has also sold its packaging plants in Camden County's Bellmawr and Barrington to International Paper of Memphis, Tenn, according to Greg French, a Weyerhaeuser spokesman. Union leaders are supportive of the sale of the two plants because International Paper has signed an agreement that the facilities will continue to operate and the employees at those locations will keep their jobs, compensation packages and seniority.
Bankruptcy Hurt Wildwood Condo-Hotel Plan Company Mayor says developer is seeking new funding, but key creditor casts doubt
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"Company Downsizes Operations but Retains Jobs"Please download to view full document