The acquisition includes approximately 645,000 acres of high-quality timberlands in Washington and Oregon, which expand Weyerhaeuser's timber holdings in the Pacific Northwest by 33 percent to
approximately 2.6 million acres. The transaction increases the total amount of U.S. timberlands Weyerhaeuser owns or controls to approximately 6.6 million acres.
On December 1, 1913, Henry Ford installed the first moving assembly line for the mass production of an entire automobile. His innovation reduced the time i took to build a car more than 12 hours and 30 minutes.
On October 16, 1958, Chevrolet began selling a car-truck hybrid that it called the El Camino. It was inspired by the Ford Ranchero, which had been on the market for two years.
On September 2, 1969, America's first automatic teller machine (ATM) made its public, dispensing cash to customers at Chemical Bank in Rockville Center, New York.