FEDERAL WAY, Wash., March 18, 2011 — The Weyerhaeuser Community Fund today announced it is donating $500,000 to the American Red Cross to help those on Honshu Island affected by the March 11 earthquake and tsunami.
The entire contribution will assist in immediate, short-term relief efforts coordinated by the Japanese Red Cross.
In addition to today's contribution, Weyerhaeuser businesses are working with their customers to develop plans for longer-term recovery support when the rebuilding process begins.
"As a result of a relationship that dates back to 1923, our company has close ties with the people of Japan and today’s contribution marks the beginning of our efforts to aid Japan’s recovery," said Dan Fulton, Weyerhaeuser president and chief executive officer. "In addition, because many of us at Weyerhaeuser know individuals affected by the earthquake and tsunami, many of our employees are making personal contributions as well."
Approximately 10 percent of Weyerhaeuser’s sales are to Japan. The company sells pulp, liquid packaging board, logs, lumber and wood chips to Japan. Weyerhaeuser started selling lumber to Japan in 1923 following the Great Kanto earthquake that devastated Tokyo and Yokohama.
About the Weyerhaeuser Community Fund
The mission of the Weyerhaeuser Community Fund is to nourish the quality of life in Weyerhaeuser’s communities, and foster understanding that sustainable forests meet important human needs.
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