5 Biggest Lumber Companies in the World

3. Weyerhaeuser Company (NYSE:WY)

Production Volume in 2021: 7,6841,000 m³

Seattle, Washington-based Weyerhaeuser Company (NYSE:WY) is a leading timberland company with ownership of nearly 10.6 million acres of timberlands in the United States and an additional 14.1 million acres of timberlands in Canada under long-term licenses. In addition to managing the timberlands, the company also produces wood products and renewable energy.

The Wood Products segment of Weyerhaeuser Company (NYSE:WY) manufactures structural lumber, oriented strand board, engineered wood products and other specialty products. Its operations comprise of 35 manufacturing facilities in United States and Canada, including 19 lumber mills with annual capacity of 5.4 million board feet.

Weyerhaeuser Company (NYSE:WY) currently has a market capitalization of $23.8 billion. As of Q3 2022, 37 out of the 920 hedge funds tracked by Insider Monkey held shares of the company, valued at $330 million.