http://media.marketwire.com/attachments/200912/208_IndustrialInforesized.jpghttp://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=848207&ProfileId=051205&sourceType=1SUGAR LAND, TX -- (Marketwire) -- 02/06/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Weyerhaeuser Company (NYSE:WY) (Federal Way, Washington) and Domtar Corporation (NYSE:UFS) (Montreal, Quebec), two of the largest North American forest product companies, reported revenues and profits for fourth-quarter and full-year 2011 that were lower than those from the previous year, as seasonal slowdowns and a plunge in global pulp prices negatively affected the industry.
Net income for Weyerhaeuser was reported to be $65 million for the fourth quarter, compared with $171 million in the fourth quarter of 2010, and $331 million for the year, compared with $1.28 billion in 2010. Net earnings for Domtar stood at $61 million for the quarter, compared with $325 million in the same period last year, and $365 million for the year, a 39.67% decrease from 2010.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle?, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
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