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December 9, 2006
WildBlue Announces Successful Launch of WildBlue-1
Satellite Will More Than Triple WildBlue's Customer Capacity for High Speed Internet Service via Satellite.
DENVER, Dec. 8 -- WildBlue Communications announced that its Ka-band spot beam satellite, WildBlue-1 was successfully launched this evening at 5:08 p.m. EST from the Guiana Space Center in Kourou, French Guiana. WildBlue provides high-speed Internet connectivity via satellite to homes and small businesses in communities where terrestrial broadband access is either limited or unavailable.
WildBlue-1 was successfully launched into orbit aboard Arianespace's Ariane 5 vehicle .
WildBlue Communications, Inc. was established to provide broadband access to consumers and small offices in rural areas and small cities in the United States.
Edited & Posted by the Editor | 10:48 PM | View the original post
Weyerhaeuser Provides Update on Wood Products Market
FEDERAL WAY, Wash., -- Weyerhaeuser Company (NYSE:WY) has announced that challenging market conditions necessitate further actions, which could include closures, curtailments and restricted operating postures at softwood lumber, engineered lumber and structural panels operations across North America.
Downtime and restricted operating postures have already been undertaken at about 70 percent of Weyerhaeuser residential wood products facilities. These curtailments have led to significant fourth quarter production decreases across all product lines.
"Demand for wood products is very weak," said Steven R. Rogel, chairman, president and chief executive officer. "We continue to analyze our operating postures and portfolio and expect additional capacity adjustments in the near term.
Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2005, sales were $22.6 billion. It has offices or operations in 18 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities.
Edited & Posted by the Editor | 7:16 PM | View the original post
