FRIEDRICH WEYERHÄUSER

BIOGRAPHY

• Born Nov. 21, 1834 in Nieder Saulheim, Hesse
• Worked in lumber almost his entire life
• Immigrated into the U.S. at 18 from Germany
• Began his life in lumber as a sawmill worker
• He eventually bought a lumber company

BIOGRAPHY

• 1872- organized the Mississippi River Boom and Logging Co.
• Controlled all logs milled on the Mississippi
• 1900- buys 900,000 acres of land from James J. Hill.
• Uses the land to start Weyerhäuser Timber Company
• Eventually they accumulate over 2 million acres.

BIOGRAPHY

• Was president of 16 lumber companies
• Was also a major shareholder in others
• Dies on April 4,1914 in Pasadena, CA

LEGACY

• Weyerhäuser Co. is still a leader in lumber sales
• Unified most of the U.S. lumber industry.
• 8th richest American of all time with a net worth of $72.2 billion
• Inducted into the U.S. Business Hall of Fame in 1978

SIGNIFICANCE

• Created a syndicate that managed many sawmills and lumber yards
• Showed that lumber could be cut, processed and sold by the same people
• Consolidated much of the U.S. Lumber industry into a single entity
• Helped create the worlds largest producer of lumber.