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Layoffs at Rayonier Incorporated
Posted by David Haviland on March 11, 2009 at 6:25 am (794 social interactions)

Eric Fonnelly with the company confirms that on Monday they reduced their local staff by 9 positions in the forest management department, one other position was removed, the person filling that role will be moved to another department.
Fonnelly tells us that "it is a common theme in this economy" adding that cost reductions, and the need to thin down operating expenses precipitated these layoffs.Western Forest Resources (WFR) employed 54 before the layoffs on Monday.

This News is a service of:
The Daily World        Star Electric


Western Forest ResourcesHeadquartered in Hoquiam, Wash., Western Forest Resources (WFR) manages about 420,000 acres of Rayonier timberland, primarily located on the Olympic Peninsula of Washington state. The lands are forested with mixed-species of conifers, primarily western hemlock, Douglas fir, western red cedar and Sitka spruce. Rayonier is the largest private seller of standing timber in Washington state, with an annual harvest of approximately 250 million board feet. Most timber is sold to domestic mills or timber brokers, although an increasing amount is exported to Asia and other international markets.

Attached Files: Fonnelly - Market Effects.mp3
Fonnelly - Upturn Hopes.mp3

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