Weyerhaeuser, Domtar Make Deal

Raymond Royer, Domtar president and CEO, will head the “new Domtar,” which will have about 14,000 employees, a head office in Montreal and a headquarters of operations in Fort Mill, SC.

Under the deal, Weyerhaeuser is chipping in eight paper and pulp mills based in six states and two Canadian provinces, 14 converting centers in both countries and other assets in Canada.