Dan S. Fulton, chief executive of timber and wood products company Weyerhaeuser Co., received compensation valued at .7 million in 2008, according to an Associated Press analysis of a report filed with the Securities and Exchange Commission earlier this month.

Dan S. Fulton, chief executive of timber and wood products company Weyerhaeuser Co., received compensation valued at .7 million in 2008, according to an Associated Press analysis of a report filed with the Securities and Exchange Commission earlier this month.

Masco Corp. on Friday slashed its quarterly dividend to 7.5 cents from 23.5 cents, citing the need to preserve cash amid uncertain global conditions.

Masco Corporation today announced that its Board of Directors declared a quarterly dividend of $.075 per common share payable on May 11, 2009, to shareholders of record on April 9, 2009, approving management’s previous recommendation that the quarterly dividend be reduced from $.235 per common share .

POULSBO, Wash.—-Pope Resources announced today that its subsidiary, Olympic Resource Management LLC , which provides forestry consulting and timberland management services to third-party owners and managers of timberland, has successfully closed an million private equity timber fund, ORM Timber Fund II, Inc.

Jewett-Cameron Trading Company Ltd. today announced a targeted 5% reduction in personnel.

Timber and wood products company Weyerhaeuser Co. said Tuesday it closed two mills in Oklahoma and Oregon, as demand for lumber to build homes remains weak.