| Date | Title | | | 11/10/09 | Weyerhaeuser Announces Cash Tender Offer for Up to $500 Million Principal Amount of its 6.750% Notes due March 15, 2012| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Nov. 10, 2009--
Weyerhaeuser Company (NYSE:WY) today announced the commencement of a
cash tender offer to purchase up to $500 million principal amount of its
6.750% Notes due March 15, 2012.
Weyerhaeuser (the “Company”) is offering to purchase for cash (the
“Offer”) up to $500 million principal amount (the “Tender Cap”) of its
outstanding 6.750% Notes due March 15, 2012 (the “Securities”) from each
... |
|  | | 11/09/09 | Bedient, Burrows to Present at D.A. Davidson Conference| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Nov. 9, 2009--
Patty Bedient, executive vice president and chief financial officer, and
Larry Burrows, president of the Weyerhaeuser Real Estate Company, will
represent Weyerhaeuser Company (NYSE:WY) at the D.A. Davidson “Housing
Recovery – What Will it Take?” Conference on Nov. 11 in San Francisco.
Bedient and Burrows are scheduled to present at 2:15 p.m. Pacific.
The presentation and question and... |
| | | 10/30/09 | Weyerhaeuser Reports 3rd Quarter Results| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 30, 2009--
Weyerhaeuser Company (NYSE: WY) today reported break-even results for
third quarter 2009 on net sales from continuing operations of $1.4
billion.
This compares with net earnings of $280 million, or $1.33 per share, on
net sales from continuing operations of $2.1 billion for the same period
last year.
SIGNIFICANT THIRD QUARTER 2009 AFTER-TAX... |
| | | 10/30/09 | Weyerhaeuser to Build Cellulose Fibers Processing Facility in Gdansk, Poland| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 30, 2009--
Weyerhaeuser Company (NYSE:WY) today announced that it intends to build
a new cellulose fibers processing plant in Gdansk, Poland. City
officials in Gdansk, the largest port city in Poland, announced that
Weyerhaeuser had won a competitive tender process to purchase 100,000
square meters of land for this project. The land-sale agreement is
expected to be completed by year end, and the company plans... |
| | | 10/08/09 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 8, 2009--
The board of directors of Weyerhaeuser Company (NYSE:WY) on Oct. 8
declared a dividend of 5 cents per share on the common stock of the
corporation payable Nov. 30, 2009, to shareholders of record at the
close of business Nov. 6, 2009.
Weyerhaeuser Company, one of the world’s largest forest products
companies, was incorporated in 1900. In 2008, sales were $8 billion. It
has offices or ... |
| | | 09/29/09 | Weyerhaeuser to Release Third Quarter Earnings on October 30| FEDERAL WAY, Wash., Sep 29, 2009 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:WY) will release third quarter 2009 results
on Oct. 30 before the market opens. The company will hold a live
conference call at 7 a.m. Pacific (10 a.m. Eastern) on Oct. 30 to
discuss third quarter results.
To access the conference call from within North America, dial
1-877-941-8632 at least 15 minutes prior to the call. Those calling from
outside North America should dial 1-480... |
| | | 09/14/09 | Weyerhaeuser Named to Dow Jones Sustainability Index| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Sep. 14, 2009--
Weyerhaeuser Company (NYSE:WY) today announced that it is the only
building materials company named to the Dow Jones Sustainability Index
(DJSI: North America) that tracks North American companies in terms of
their economic, environmental and social performance.
The DJSI follows a best-in-class approach and includes sustainability
leaders from each industry on a global and regional level. T... |
| | | 09/08/09 | Bedient to Represent Weyerhaeuser at J.P. Morgan Conference| FEDERAL WAY, Wash., Sep 08, 2009 (BUSINESS WIRE) -- Patty Bedient, executive vice president and chief financial officer,
will represent Weyerhaeuser Company (NYSE:WY) at the J.P. Morgan
Diversified Industries Conference on Sept. 16.
Bedient is scheduled to present at 8:15 a.m. Eastern.
The presentation and question and answer session will be audio webcast
live via the J.P. Morgan Direct Webcast Link at http://metameetings.com/webcasts/jpmorgan/industries09/directlink?... |
| | | 08/19/09 | Weyerhaeuser Company Applies to Québec Securities Regulatory Authority to Have Its Reporting Issuer Status Revoked| VANCOUVER, British Columbia, Aug 19, 2009 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:WY) announced today that it has applied for a
decision from the securities regulatory authority for Québec, the
Autorité des marchés financiers, that it is no longer a reporting issuer
in Québec.
Prior to April 29, 2008, Weyerhaeuser Company Limited, an indirect,
wholly-owned subsidiary of Weyerhaeuser Company, had exchangeable shares
held by public shareholders which ... |
| | | 08/17/09 | Weyerhaeuser Completes Sale of Commercial Business to Atlas Holdings LLC| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Aug. 17, 2009--
Weyerhaeuser Company (NYSE:WY) today announced the completion of the
sale of its Commercial business to a wholly-owned subsidiary of Atlas
Holdings LLC. Terms of the sale were not disclosed.
The transaction includes four manufacturing plants focused on the
commercial construction market (located in Chino, Calif.; Hillsboro,
Ore.; Delaware, Ohio and Stayton, Ore.) and 13 sales and engineerin... |
| | | 08/13/09 | Weyerhaeuser to Sell 140,000 Acres of Non-Strategic Timberlands in Oregon| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Aug. 13, 2009--
Weyerhaeuser Company (NYSE:WY) today announced it has agreed to sell
approximately 140,000 acres of timberlands in northwestern Oregon to an
entity affiliated with The Campbell Group LLC for approximately $300
million. The sale is expected to close in the third quarter of 2009. The
transaction is expected to contribute approximately $100 million
after-tax to third quarter earnings. The sale represe... |
| | | 07/31/09 | Weyerhaeuser Reports 2nd Quarter Loss| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jul. 31, 2009--
Weyerhaeuser Company (NYSE: WY) today reported a net loss of $106
million for the second quarter, or $0.50 per share, on net sales from
continuing operations of $1.4 billion.
This compares with a net loss of $96 million, or $0.45 per share, on net
sales from continuing operations of $2.2 billion for the same period
last year.
SIGNIFICANT SE... |
| | | 07/29/09 | Weyerhaeuser's 2008 Sustainability Performance Available Online| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jul. 29, 2009--
Weyerhaeuser Company (NYSE: WY) today announced its 2008 sustainability
performance results are available online at http://www.wy.com/sustainability.
Weyerhaeuser uses an online reporting method that provides
comprehensive, searchable access to its sustainability performance
annually.
Highlights of Weyerhaeuser’s 2008 sustainability performance results
include:
... |
| | | 07/28/09 | Weyerhaeuser Closes all Tree Farms to Public Access due to Extreme High Fire Danger in the Pacific Northwest| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jul. 28, 2009--
Due to the extreme high fire danger brought on by mid-summer 100 degree
weather, Weyerhaeuser Company is closing all tree farms to public access
in both Oregon and Washington. Visitors planning a trip to Weyerhaeuser
forestlands in Oregon and Washington are reminded to call the company’s
statewide, toll-free telephone numbers before heading out to the woods.
In Washington, tree farms in the... |
| | | 07/24/09 | Weyerhaeuser Reminds Forest Visitors to Call Toll-Free Hunter/Recreational Use Hotlines in Oregon and Washington| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jul. 24, 2009--
Due to increasing fire danger, visitors planning a trip to Weyerhaeuser
forestlands in Oregon and Washington are reminded to call the company’s
statewide, toll-free telephone numbers before heading out to the woods.
In Washington, the company announced earlier this week that the tree
farms in Vail, Aberdeen, and Raymond would be temporarily closed to
public recreational access. Important public acc... |
| | | 07/07/09 | Weyerhaeuser Announces Louisiana Mill Closure| TAYLOR, La.--(BUSINESS WIRE)--Jul. 7, 2009--
Weyerhaeuser Company (NYSE: WY) today announced that it will permanently
close its iLevel® lumber mill near Taylor, La., effective immediately.
The announcement will affect approximately 39 employees at the site. The
Tree Improvement Center and the Timberlands office will remain open and
continue to operate in Bienville Parish near the Taylor community.
Demand for wood products continues to decline... |
| | | 07/07/09 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jul. 7, 2009--
The board of directors of Weyerhaeuser Company (NYSE: WY) on July 6
declared a dividend of 5 cents per share on the common stock of the
corporation payable Aug. 31, 2009 to shareholders of record at the close
of business July 31, 2009.
“Although our guidance for the recently completed quarter remains
unchanged, the economic outlook for our businesses continues to be
challenged and unc... |
| | | 06/24/09 | Weyerhaeuser to Release Second Quarter Earnings on July 31| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jun. 24, 2009--
Weyerhaeuser Company (NYSE:WY) will release second quarter 2009 results
on July 31 before the market opens. The company will hold a live
conference call at 7 a.m. Pacific (10 a.m. Eastern) on July 31 to
discuss fourth quarter results.
To access the conference call from within North America, dial
1-877-941-6010 at least 15 minutes prior to the call. Those calling from
outside North Am... |
| | | 06/10/09 | Lenzing and Weyerhaeuser Launch Pilot Plant for Novel TencelWeb(TM) Nonwoven Fabrics| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jun. 10, 2009--
Lenzing and Weyerhaeuser (NYSE:WY) have commissioned a pilot plant in
Lenzing, Austria, to explore the commercial potential of TencelWeb™ — a
new technology to produce nonwoven fabrics directly from lyocell.
The pilot plant gives the companies the opportunity to test the
large-scale production of this cellulose-based nonwoven fabric for use
in industrial and personal care products. TencelWe... |
| | | 05/27/09 | All iLevel by Weyerhaeuser Facilities Certified to SFI or PEFC| FEDERAL WAY, Wash., May 27, 2009 (BUSINESS WIRE) -- As a part of a broad commitment to corporate social responsibility,
iLevel by Weyerhaeuser announced that all of its structural framing
materials are certified to Sustainable Forestry Initiative Inc.(R) (SFI(R))
fiber sourcing or SFI or Programme for the Endorsement of Forest
Certification schemes (PEFC) chain-of-custody standards.
iLevel, Weyerhaeuser's integrated residential framing business,
providing... |
| | | 05/26/09 | Weyerhaeuser Company Foundation to Donate $100,000 for Grays Harbor Relief Agencies| FEDERAL WAY, Wash.--(BUSINESS WIRE)--May. 26, 2009--
The Weyerhaeuser Company Foundation today announced it will award
$100,000 to relief agencies in Grays Harbor County.
The state of Washington, not unlike the rest of the country, is
currently dealing with the challenges presented by the recent upset
economic conditions. Grays Harbor is one of the counties that has been
affected most by the recent downturn in the economy.
“Wey... |
| | | 05/07/09 | Weyerhaeuser to Hold Annual Investor Meeting on May 29| FEDERAL WAY, Wash.--(BUSINESS WIRE)--May. 7, 2009--
Weyerhaeuser Company (NYSE: WY) will hold its annual investor meeting at
9 a.m. Eastern on May 29 in New York City at the Sofitel Hotel, 45 West
44th St.
To register, please go to: http://meetings.weyerhaeuser.com/event/408349.
The meeting will be webcast beginning at 9 a.m. Eastern at http://www.weyerhaeuser.com.
Weyerhaeuser Company, one of the world’s largest forest products
... |
| | | 05/05/09 | Weyerhaeuser Reports 1st Quarter Loss| FEDERAL WAY, Wash.--(BUSINESS WIRE)--May. 5, 2009--
Weyerhaeuser Company (NYSE: WY) today reported a net loss of $264
million for the first quarter, or $1.25 per share, on net sales of $1.3
billion.
This compares with a net loss of $148 million, or $0.70 per share, on
net sales from continuing operations of $2.0 billion for the same period
last year.
Significant First Quarter 2009 After-Tax I... |
| | | 05/04/09 | Weyerhaeuser Names Hunter VP of Southern Timberlands| FEDERAL WAY, Wash.--(BUSINESS WIRE)--May. 4, 2009--
Weyerhaeuser Company (NYSE:WY) today announced that Rhonda Hunter has
been named vice president–Southern Timberlands effective June 1.
In her new role, Hunter will oversee the operation of 4.1 million acres
of timberlands in Alabama, Arkansas, Louisiana, Mississippi, North
Carolina and Oklahoma.
She will report directly to Mike Branson, senior vice president –
Timberlands.
... |
| | | 04/27/09 | Weyerhaeuser to Consolidate Log Exporting Facilities in Washington State| Bay City Sorting Yard to Close
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Apr. 27, 2009--
Weyerhaeuser Company (NYSE:WY) will close its Bay City log export
facility in Aberdeen, Wash., affecting some 54 employees. The facility
will inventory and clear remaining logs from the yard over the next 30
days before closing permanently.
“We are taking this action due to continued weak demand for wood and
wood products,” said Rich Wininger, vice president ... |
| | | 04/16/09 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Apr. 16, 2009--
The board of directors of Weyerhaeuser Company (NYSE:WY) on April 16
declared a dividend of 25 cents per share on the common stock of the
corporation payable June 1, 2009, to shareholders of record at the close
of business May 1, 2009.
Weyerhaeuser Company, one of the world’s largest forest products
companies, was incorporated in 1900. In 2008, sales were $8 billion. It
has offices o... |
| | | 04/13/09 | Weyerhaeuser to Release First Quarter Earnings on May 5| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Apr. 13, 2009--
Weyerhaeuser Company (NYSE:WY) will release first quarter 2009 results
on May 5 before the market opens. The company will hold a live
conference call at 7 a.m. Pacific (10 a.m. Eastern) on May 5 to discuss
first quarter results.
To access the conference call from within North America, dial
1-800-240-4186 at least 15 minutes prior to the call. Those calling from
outside North America ... |
| | | 04/13/09 | Warren Named President of Maracay Homes| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Apr. 13, 2009--
Andy Warren has been appointed president of Weyerhaeuser Real Estate
Company subsidiary Maracay Homes in Phoenix, Ariz., effective April 27.
Warren is a 25-year veteran of the residential construction industry.
Most recently, he spent five years as a partner and chief operating
officer of EYA, a private builder-developer in Bethesda, Md. Prior to
that, he was with WRECO’s Winchester Homes i... |
| | | 03/19/09 | NAHB Research Center Grants First "Green Approved" Product Seals of Approval to iLevel by Weyerhaeuser| UPPER MARLBORO, Md.--(BUSINESS WIRE)--Mar. 19, 2009--
The NAHB
Research Center introduces its “Green Approved” product seal of
approval, and recognizes structural frame products from iLevel
by Weyerhaeuser with the first certificates under the new
designation. The mark is intended to provide third-party evidence that
building products meet specific scoring criteria for homes seeking
certification to the National Green Building Standard™ (the S... |
| | | 03/17/09 | Weyerhaeuser Announces Wood Products Mill Closures in Oklahoma and Oregon| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Mar. 17, 2009--
Weyerhaeuser Company (NYSE:WY) today announced it will close its iLevel®
lumber mills in Wright City, Okla., and Dallas, Ore., effective
immediately. The announcement will affect approximately 307 employees.
"Demand for wood products continues to decline due to a slowdown in the
housing market,” said Tom Gideon, executive vice president, Forest
Products. “Unfortunately, extraordinarily weak... |
| | | 03/10/09 | Weyerhaeuser Company Announces Wood Products Mill and Distribution Center Closures| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Mar. 10, 2009--
Weyerhaeuser Company (NYSE:WY) today announced that it will indefinitely
close its iLevel® veneer and engineered wood mills in Evergreen, Ala.,
and Dodson and Simsboro, La., and its TimberStrand® mill in Chavies, Ky.
The company also announced the permanent closure of iLevel service
centers in Albuquerque, N.M.; Cincinnati and Columbus, Ohio; and Las
Vegas and Reno, Nevada. The announcement will af... |
| | | 02/06/09 | Weyerhaeuser Reports Fourth Quarter Results| FEDERAL WAY, Wash.--(BUSINESS WIRE)--
Weyerhaeuser Company (NYSE: WY):
Net Loss of $1.212 Billion, or $5.73 Per Share
Includes $827 Million Goodwill Impairment
Real Estate-Related Charges Total $313 Million After Taxes
Weyerhaeuser Company (NYSE: WY) today reported a net loss of $1.212
billion for the fourth quarter, or $5.73 per share, on net sales from
continuing operation... |
| | | 02/05/09 | Weyerhaeuser Announces Mill Closures at Pine Hill| PINE HILL, Ala.--(BUSINESS WIRE)--
Weyerhaeuser announced today that it will indefinitely close its iLevel®
veneer and lumber mills in Pine Hill, Ala., effective immediately. The
announcement will affect approximately 300 employees at the site.
Demand for wood products continues to decline due to a slowdown in the
housing market. As a result of these challenging market conditions, the
Pine Hill facilities will close for an indefinite period o... |
| | | 01/30/09 | Weyerhaeuser Names Risco VP - International Operations| FEDERAL WAY, Wash.--(BUSINESS WIRE)--
Weyerhaeuser Company (NYSE:WY) today announced that Marvin (Ray) Risco
has been named vice president-International Operations effective Jan. 26.
In his new role, Risco will oversee Weyerhaeuser’s existing
international operations. In addition, he will be the focal point to
support the company in current and new ventures. Risco also has shared
responsibilities with the controller’s office for corporate ove... |
| | | 01/26/09 | Weyerhaeuser Announces Closures of Two Washington Mills| FEDERAL WAY, Wash., Jan 26, 2009 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE: WY) today announced the immediate closure of
two mills in Washington state due to weak market conditions.
The closures include:
--
The permanent shutdown of the Aberdeen sawmill with a capacity to
produce 200 million board feet of lumber.
--
The permanent shutdown of the Pacific Veneer mill in Aberdeen. The
mill has the capacity to produce 210 million square feet o... |
| | | 01/14/09 | OrganicIDTM Produces Functional Simplified 13.56/EPC-compatible RFID Tag| FEDERAL WAY, Wash., Jan 14, 2009 (BUSINESS WIRE) -- OrganicIDTM today announced it has successfully fabricated a
simplified CMOS 13.56MHz RFID device that includes much of the critical
circuitry needed for an EPC-compatible device. The design of this more
extensive, fully EPC-compatible Radio Frequency Identification (RFID)
tag, which includes electrically programmable non-volatile memory, is
expected to be completed soon.
This RFID tag is expected to be ... |
| | | 01/12/09 | Weyerhaeuser to Release Fourth Quarter Earnings on Feb. 6| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 12, 2009--Weyerhaeuser Company (NYSE: WY) will release fourth quarter 2008 results
on Feb. 6 before the market opens. The company will hold a live
conference call at 7 a.m. Pacific (10 a.m. Eastern) on Feb. 6 to discuss
fourth quarter results.
To access the conference call from within North America, dial
1-800-240-2134 at least 15 minutes prior to the call. Those calling from
outside North America sho... |
| | | 01/09/09 | Weyerhaeuser Company Foundation Donates $50,000 For Storm Relief Efforts in Lewis County| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 9, 2009--The Weyerhaeuser Company Foundation today announced it has awarded
$50,000 to the United Way of Lewis County to support relief and
rebuilding efforts in areas of the county affected by the recent storms
and flooding.
"Our thoughts are with everyone affected by the flooding," said Bruce
Amundson, president of the Weyerhaeuser Company Foundation. "Along with
the efforts currently underway by ou... |
| | | 01/05/09 | Williamson to Succeed Rogel as Weyerhaeuser Chairman| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 5, 2009--Weyerhaeuser Company (NYSE:WY) today announced that the board of
directors has elected Charles R. Williamson, 60, to become non-executive
chairman following the planned retirement of Steven R. Rogel, 65, on
April 15.
Williamson joined Weyerhaeuser's board in 2004, serving as the lead
director since 2006. He currently chairs the executive committee and
serves on the compensation and finance co... |
| | | 01/05/09 | Murdy Appointed to Weyerhaeuser Board of Directors; Mazankowski Announces Retirement| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 5, 2009--Weyerhaeuser Company (NYSE:WY) today announced that Wayne W. Murdy, 64,
will join the board of directors effective Jan. 15 following the planned
retirement of Rt. Hon. Donald F. Mazankowski, 73, later this month.
"Wayne Murdy's background in finance, natural resource management and
international business complements the skills and experience of an
already outstanding board," said Steven R. Rogel, ch... |
| | | 12/29/08 | Weyerhaeuser Discontinues Review of Westwood Shipping| FEDERAL WAY, Wash., Dec 29, 2008 (BUSINESS WIRE) -- Citing weaker shipping markets and tight financing conditions for
potential buyers, Weyerhaeuser Company (NYSE:WY) today announced it is
discontinuing active marketing of its Westwood Shipping Line.
Weyerhaeuser had announced in May that it was exploring a strategic
alternative for Westwood, a wholly-owned subsidiary that operates a
fleet of seven ships used by customers to ship forest products,
containe... |
| | | 12/23/08 | Weyerhaeuser Announces Expiration of Dutch Auction Tender Offer| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Dec. 23, 2008--Weyerhaeuser Company (NYSE:WY) announced today the final results of its
dutch auction tender offer (the "Dutch Auction Tender Offer"). The terms
and conditions of the Dutch Auction Tender Offer are set forth in an
Offer to Purchase dated Nov. 24, 2008 and accompanying Letter of
Transmittal.
In the Dutch Auction Tender Offer, Weyerhaeuser offered to purchase up
to $250 million principal amoun... |
| | | 12/19/08 | Weyerhaeuser Declares Reduced Quarterly Dividend of 25 Cents; Authorizes $250 Million Share Repurchase; Expects Lower Fourth Quarter Earnings, Challenging 2009| FEDERAL WAY, Wash., Dec 19, 2008 (BUSINESS WIRE) -- The board of directors of Weyerhaeuser Company (NYSE: WY) declared a
dividend of 25 cents per share on the common stock of the corporation
payable March 2, 2009 to shareholders of record at the close of business
Jan. 30, 2009. This reduces the quarterly dividend payment from the
previous level of 60 cents.
The company said that the continued housing slump and a weaker pulp
market will result in significa... |
| | | 12/09/08 | Weyerhaeuser Announces Expiration of Any and All Tender Offer and Results, as of Dutch Auction Early Tender Date, for Dutch Auction Tender Offer| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Dec. 9, 2008--Weyerhaeuser Company (NYSE:WY) announced today the final results of its
any and all cash tender offer and the results, as of the Dutch Auction
Early Tender Date (as defined below), of its dutch auction tender offer
(each an "Offer," and collectively, the "Offers"). The terms and
conditions of the Offers are set forth in an Offer to Purchase dated
November 24, 2008 and accompanying Letter of Transmittal.
... |
| | | 11/24/08 | Weyerhaeuser Announces Cash Tender Offers For Up to $700 Million Principal Amount of its Securities| FEDERAL WAY, Wash., Nov 24, 2008 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:WY) announced today the commencement of cash
tender offers to purchase up to $700 million principal amount of
selected securities in its debt portfolio.
Weyerhaeuser is making two separate offers (each an "Offer," and
collectively, the "Offers"), with one Offer to purchase any and all
outstanding Securities listed under the heading "Any and All Tender
Offer" in the table below ... |
| | | 11/06/08 | Weyerhaeuser Announces Mill Closure at Colbert iLevel Facility| COLBERT, Ga., Nov 06, 2008 (BUSINESS WIRE) -- Weyerhaeuser (NYSE:WY) announced today that it will indefinitely close
its iLevel(R) Veneer Technologies facility in
Colbert, Ga., effective immediately. The announcement will affect
approximately 105 associates at the site.
Demand for engineered wood products continues to decline due to a
slowdown in the housing market. As a result of these challenging market
conditions, the Colbert facility will close for an... |
| | | 10/31/08 | Weyerhaeuser Reports Third Quarter Net Earnings of $280 Million, or $1.33 per Diluted Share|
-- Includes Gains on Sales of Operations
-- Housing Market Remains Challenged
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 31, 2008--Weyerhaeuser
Company (NYSE: WY) today reported net earnings of $280 million for the
third quarter of 2008, or $1.33 per diluted share, on net sales of
$2.6 billion. This compares with net earnings of $101 million, or 47
cents per diluted share, on sales of $4.1 billion for the same period
last year.
SIGNIFICANT THIRD QUARTER 2008 AFTE... |
| | | 10/21/08 | Weyerhaeuser Names Betsy Seaton VP of Strategic Planning| FEDERAL WAY, Wash.--(BUSINESS WIRE)--
Weyerhaeuser Company (NYSE: WY) today named Betsy Seaton to the
role of vice president, Strategic Planning. Seaton will report to Dan
Fulton, president and CEO.
Seaton will work directly with the company's senior management
team and will be responsible for coordinating strategic planning
activities across the company.
Seaton has held a variety of management positions of increasing
responsibility since joining the company in 1992, most rec... |
| | | 10/16/08 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Oct 16, 2008 (BUSINESS WIRE) -- The board of directors of Weyerhaeuser Company (NYSE: WY) on Oct. 16
declared a dividend of 60 cents per share on the common stock of the
corporation payable Dec. 1, 2008, to shareholders of record at the close
of business Nov. 7, 2008.
Weyerhaeuser Company, one of the world's
largest forest products companies, was incorporated in 1900. In 2007,
sales were $16.3 billion. It has offices or operations in 1... |
| | | 10/10/08 | Weyerhaeuser Signs a Non-Binding Letter of Intent to Sell Commercial Construction Business To Atlas Holdings| FEDERAL WAY, Wash.--(BUSINESS WIRE)--
Weyerhaeuser Company (NYSE: WY) signed a non-binding letter of
intent to sell its Trus Joist(R) Commercial division ("Commercial
Business") to Greenwich, Connecticut-based Atlas Holdings.
The proposed transaction will include four manufacturing plants
across the United States (located in Chino, Calif.; Hillsboro, Ore.;
Delaware, Ohio and Stayton, Ore.) and 13 sales and engineering
offices. About 428 employees concentrated in the Northwest, Sou... |
| | | 10/08/08 | Giardini Named President of Weyerhaeuser Company Limited| FEDERAL WAY, Wash.--(BUSINESS WIRE)--
Weyerhaeuser Company (NYSE: WY) today announced that Anne Giardini
has been named president of the company's Canadian subsidiary,
Weyerhaeuser Company Limited.
Giardini takes a role held by Craig Neeser, who retired from
Weyerhaeuser effective Oct. 1.
Giardini will continue to be based in Vancouver, BC.
"Anne has a strong understanding of our Canadian operations and
relationships," said Dan Fulton, Weyerhaeuser Company president and
... |
| | | 10/01/08 | Weyerhaeuser to Release Third Quarter Earnings on Oct. 31| FEDERAL WAY, Wash.--(BUSINESS WIRE)--
Weyerhaeuser Company (NYSE:WY) will release third quarter 2008
results on Oct. 31 before the market opens. The company will hold a
live conference call at 7 a.m. Pacific (10 a.m. Eastern) on Oct. 31 to
discuss third quarter results.
To access the conference call from within North America, dial
1-800-218-4007 at least 15 minutes prior to the call. Those calling
from outside North America should dial 1-303-262-2054. Replays will be
available fo... |
| | | 10/01/08 | Weyerhaeuser Encourages Swift Congressional Action To Restore Confidence and Stability in U.S. Financial Markets| FEDERAL WAY, Wash.--(BUSINESS WIRE)--
Weyerhaeuser Company, one of the world's largest forest products
companies, today called on Congress to take quick action to address
the nation's current financial situation, saying passage of
legislation is vital to the economic health of the nation.
The following statement may be attributed to Dan Fulton, president
and chief executive officer:
"Weyerhaeuser urges members of the U.S. Senate and House of
Representatives to support l... |
| | | 09/18/08 | Weyerhaeuser Named to Dow Jones Sustainability Index| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Sept. 18, 2008--Weyerhaeuser
Company (NYSE:WY) today announced it has been named to the Dow Jones
Sustainability Index that tracks North American companies in terms of
their economic, environmental and social performance.
Weyerhaeuser is the only North American company named in the
category of forestry and paper products.
The DJSI follows a best-in-class approach and includes
sustainability leaders from each industry. The annual review is b... |
| | | 09/08/08 | Fulton, Bedient to Represent Weyerhaeuser at UBS Conference| FEDERAL WAY, Wash., Sep 08, 2008 (BUSINESS WIRE) -- Daniel S. Fulton, president and chief executive officer, and Patricia M.
Bedient, executive vice president and chief financial officer, will
represent Weyerhaeuser Company (NYSE:WY) at the UBS Global Paper and
Forest Products Conference on Sept. 16.
Fulton and Bedient are scheduled to present at 11:45 a.m. Eastern.
The presentation and question and answer session will be audio webcast
live via the UBS Investm... |
| | | 08/12/08 | Weyerhaeuser Announces Retirements of Alford, Neeser| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Aug. 12, 2008--Weyerhaeuser
Company (NYSE: WY) today announced that Lee T. Alford, senior vice
president -- Residential Wood Products, and Craig D. Neeser, senior
vice president -- Industrial Wood Products and International, will
retire from Weyerhaeuser on Oct. 1.
Effective with the retirements, Thomas F. Gideon, executive vice
president -- Forest Products, will assume leadership of Residential
Wood Products in addition to his current duties. ... |
| | | 08/05/08 | Weyerhaeuser Closes Sale of Containerboard Packaging Assets; Announces Second Quarter Results| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Aug. 5, 2008--Weyerhaeuser
Company (NYSE:WY) today reported a net loss of $96 million for the
second quarter of 2008, or 45 cents per diluted share, on net sales of
$3.6 billion.
This compares with net earnings of $32 million, or 15 cents per
diluted share, on net sales of $4.3 billion for the same period last
year.
SIGNIFICANT SECOND QUARTER 2008 AFTER-TAX ITEMS
After-Tax Gain Gain (Charge) per
... |
| | | 08/04/08 | Weyerhaeuser Completes Sale of Assets to International Paper| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Aug. 4, 2008--Weyerhaeuser
Company (NYSE:WY) today announced the completion of the sale of its
Containerboard Packaging and Recycling business to International Paper
(NYSE:IP) for $6 billion in cash.
Weyerhaeuser said it expects to use a substantial portion of the
after-tax proceeds from the sale to pay down debt.
The transaction includes nine containerboard mills, 72 packaging
locations, 10 specialty-packaging plants, four kraft bag and sa... |
| | | 07/29/08 | Weyerhaeuser's Sustainability Performance Now Available Online| FEDERAL WAY, Wash., Jul 29, 2008 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:WY) today announced its 2007
sustainability performance results are now available online at
www.wy.com/sustainability. Weyerhaeuser has adopted a more transparent
and timely reporting method that provides a comprehensive, searchable
website. A summary brochure is also available called "Sustainability
Essentials." A companion piece to the company's Annual Shareholder's
Report, the new online sustainability conten... |
| | | 07/28/08 | Weyerhaeuser to Sell Delta, BC Hardwoods Sawmill| FEDERAL WAY, Wash.--(BUSINESS WIRE)--July 28, 2008--Weyerhaeuser
Company (NYSE:WY) announced today its intention to sell its hardwood
mill in Delta, British Columbia.
Weyerhaeuser will entertain initial expressions of interest for
the sawmill and associated timber harvesting rights by no later than
September 5, 2008.
The sawmill produces solid hardwood, random width lumber used for
the manufacture of furniture, cabinetry and solid wood components and
low-grade dimension produ... |
| | | 07/18/08 | Lenzing Group and Weyerhaeuser Collaborate to Develop Sustainable Nonwovens| Cooperation On the Development of Lyocell-Based Nonwoven FabricsFEDERAL WAY, Wash., Jul 18, 2008 (BUSINESS WIRE) -- Lenzing, the world market leader in cellulose staple fibers, and
Weyerhaeuser (NYSE:WY), one of the world's largest forest products
companies, will work together on the development of novel
lyocell-based nonwoven fabrics. A Memorandum of Understanding was
signed on 15 July 2008.
The objective of the collaboration is to develop a technology for
the large-scale industrial produ... |
| | | 07/08/08 | Weyerhaeuser to Permanently Close Drayton Valley, AB, OSB Mill| FEDERAL WAY, Wash.--(BUSINESS WIRE)--July 8, 2008--Weyerhaeuser
Company (NYSE: WY) announced today that it will permanently close its
idled Structurwood(R) mill in Drayton Valley, AB.
The oriented strand board mill has not been in operation since
December 2007.
"Factors that led to the original decision to idle the Drayton
Valley Structurwood(R) mill -- the decline in the U.S. housing market
and the high Canadian dollar -- have not changed since that decision,"
said Phil Denn... |
| | | 07/07/08 | Weyerhaeuser to Release Second Quarter Earnings on Aug. 5| FEDERAL WAY, Wash., Jul 07, 2008 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE: WY) will release second quarter 2008
results on Aug. 5 before the market opens. The company will hold a
live conference call at 7 a.m. Pacific (10 a.m. Eastern) on Aug. 5 to
discuss first quarter results.
To access the conference call from within North America, dial
1-800-218-0530 at least 15 minutes prior to the call. Those calling
from outside North America should dial 1-303-275-2170. Replays will be
availab... |
| | | 06/26/08 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--June 26, 2008--The executive
committee of the board of directors of Weyerhaeuser Company (NYSE:WY)
on June 25 declared a dividend of 60 cents per share on the common
stock of the corporation payable Aug. 25, 2008 to shareholders of
record at the close of business Aug. 1, 2008.
Weyerhaeuser Company, one of the world's largest forest products
companies, was incorporated in 1900. In 2007, sales were $16.3
billion. It has offices or operations in 1... |
| | | 06/26/08 | Weyerhaeuser Announces Impairment Charges| FEDERAL WAY, Wash.--(BUSINESS WIRE)--June 26, 2008--Weyerhaeuser
Company (NYSE:WY) today announced that it will book pre-tax charges
estimated to be between $300 million and $325 million in the second
quarter for impairments related to its real estate business. The
company said the impairment resulted from decisions to lower prices or
abandon projects in response to the continued deterioration of the
housing market.
Weyerhaeuser also announced that its Containerboard Packaging and... |
| | | 06/25/08 | Weyerhaeuser Announces New Roles for Gideon, Hooper; Richard Hanson, Ed Rogel Announce Retirements| FEDERAL WAY, Wash.--(BUSINESS WIRE)--June 25, 2008--Weyerhaeuser
Company (NYSE:WY) today announced the promotions of Thomas F. Gideon
to executive vice president - Forest Products and John A. Hooper to
senior vice president - Human Resources.
Gideon, 56, assumes his new role on July 1 after Richard E.
Hanson, 64, retires on June 30. Hanson has served as executive vice
president and chief operating officer since 2003. In his new role,
Gideon will oversee the company's timberlands, ... |
| | | 06/16/08 | Pacific Rim Bonsai Collection Presents Special Exhibit Best in the Northwest June 13th - 29th, 2008| SEATTLE--(BUSINESS WIRE)--June 16, 2008--The Pacific Rim Bonsai
Collection is pleased to announce the upcoming first annual special
exhibit Best in the Northwest! On display June 13th through 29th,
enjoy bonsai from the regional private collections that have rarely -
or in some cases, never - been seen by the public before. Join us
between June 13th and 22nd to vote for the "Peoples Choice" award.
Bonsai is art that is ancient in Asia, but still in rapid
development here in Americ... |
| | | 06/16/08 | Pacific Rim Bonsai Collection Presents bigART at smallTREES June 14th -- August 6th, 2008| SEATTLE--(BUSINESS WIRE)--June 16, 2008--The Pacific Rim Bonsai
Collection is pleased to present a contemporary art exhibit entitled
"bigART at smallTREES." Portland, Ore., artist Tore Djupedal is a
multi-talented artist who works in a variety of mediums and a
constantly evolving and expanding range of styles. Within the last
year, he has worked with brown paper shopping bags to create colorful
geometric sculptures and installations. In the exhibit "bigART at
smallTREES," he has moved... |
| | | 05/29/08 | Weyerhaeuser to Explore Strategic Alternatives for Its Westwood Shipping Line; Regional Short Line Railroads in Arkansas, Mississippi, Washington| FEDERAL WAY, Wash.--(BUSINESS WIRE)--May 29, 2008--As part of its
ongoing portfolio restructuring, Weyerhaeuser Company (NYSE:WY) today
announced that it is exploring strategic alternatives for its Westwood
Shipping Line and four regional short line railroads.
During the transition, Westwood will continue full operations,
including serving customers in more than 20 ports in Japan, Korea,
China and North America with a fixed-day, weekly sailing schedule.
Westwood is a wholly owned ... |
| | | 05/16/08 | Weyerhaeuser to Hold Annual Analyst Meeting on May 30| FEDERAL WAY, Wash.--(BUSINESS WIRE)--May 16, 2008--Weyerhaeuser
Company (NYSE:WY) will hold its annual analyst meeting at 9 a.m.
Eastern on May 30 in New York City at the Sofitel Hotel, 45 West 44th
St.
To register for the meeting, please go to:
http://meetings.weyerhaeuser.com/event/profile/form/index.cfm?
PKformID=0x40441630d6 (Due to its length, this URL may need to be
copied/pasted into your Internet browser's address field. Remove the
extra space if one exists.) The meeting ... |
| | | 05/11/08 | Weyerhaeuser Australia and Related Operations to Be Sold to Carter Holt Harvey| FEDERAL WAY, Wash. & SYDNEY, Australia--(BUSINESS WIRE)--May 11,
2008--Weyerhaeuser Company (NYSE:WY) announced today that Carter Holt
Harvey has begun a process to purchase the timber manufacturing
operations and timber distribution business of the Weyerhaeuser
Australia Group. This includes the interest in Green Triangle Forest
Products held by a fund advised by Global Forest Partners. This offer
includes:
-- Pine Solutions Australia - the selling and distribution
op... |
| | | 05/05/08 | Weyerhaeuser-IP Transaction Clears DOJ Review| FEDERAL WAY, Wash.--(BUSINESS WIRE)--May 5, 2008--Weyerhaeuser
Company (NYSE:WY) today announced the early termination of the
Hart-Scott-Rodino review process of the company's sale of its
Containerboard Packaging and Recycling business to International Paper
(NYSE:IP) for $6 billion in cash.
Weyerhaeuser said the Federal Trade Commission granted early
termination on May 2, 2008, following the conclusion of the U.S.
Department of Justice's review of the sale.
"We are very plea... |
| | | 05/02/08 | Weyerhaeuser Reports 1st Quarter Net Loss of $148 Million, or 70 Cents Per Diluted Share on Net Sales of $3.4 Billion| FEDERAL WAY, Wash.--(BUSINESS WIRE)--May 2, 2008--Weyerhaeuser
Company (NYSE: WY) today reported a net loss of $148 million for the
first quarter of 2008, or 70 cents per diluted share, on net sales of
$3.4 billion.
This compares with $720 million, or $3.09 per diluted share, on
net sales of $4.5 billion for the same period last year.
SIGNIFICANT FIRST QUARTER 2008 AFTER-TAX ITEMS
After-Tax Gain Gain (Charge) per
... |
| | | 04/29/08 | Weyerhaeuser Holdings Company Completes Purchase of All Outstanding Exchangeable Shares of Weyerhaeuser Company Limited| VANCOUVER, British Columbia, Apr 29, 2008 (BUSINESS WIRE) -- Weyerhaeuser Company Limited (TSX:WYL), a subsidiary of
Weyerhaeuser Holdings Limited and an indirect subsidiary of
Weyerhaeuser Company (NYSE:WY), announced today that Weyerhaeuser
Holdings Limited has purchased all of the outstanding exchangeable
shares of Weyerhaeuser Company Limited for purchase consideration of
one common share of Weyerhaeuser Company for each exchangeable share.
From and after April 29, 2008, former holders... |
| | | 04/28/08 | Weyerhaeuser Will Appeal Class Action Verdict| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 28, 2008--Weyerhaeuser
Company (NYSE:WY) today said it will appeal a jury decision rendered
in a class action lawsuit claiming that Weyerhaeuser unlawfully
monopolized an alleged market for finished alder lumber.
A jury in Portland, Ore., awarded the plaintiffs $27.98 million,
which will be trebled under antitrust laws.
"We are very disappointed with the verdict," said Sandy D. McDade,
Weyerhaeuser senior vice president and general co... |
| | | 04/25/08 | Weyerhaeuser to Permanently Close Miramichi Plant| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 25, 2008--Weyerhaeuser
Company (NYSE: WY) announced today that it will permanently close
effective June 6, 2008, its oriented strand board (OSB) plant located
in Miramichi, New Brunswick, Canada. The facility has not operated
since January 2007.
"We worked hard to sell the facility for more than one year," said
Craig Neeser, president of Weyerhaeuser's Canadian operations. "A lack
of buyer interest, the continuing poor state of the U.S. h... |
| | | 04/21/08 | Weyerhaeuser Names Kevin Shearer, VP and CIO| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 21, 2008--Weyerhaeuser
Company (NYSE:WY) today announced that Kevin Shearer, 52, has been
named vice president, Information Technology and chief information
officer effective May 1.
He succeeds Susan M. Mersereau, 61, who is retiring, and will
report to Richard E. Hanson, chief operating officer.
Shearer has served as vice president, IT Business Operations since
2007. He joined Weyerhaeuser in 1980 and has held numerous information
t... |
| | | 04/17/08 | Daniel S. Fulton Named Weyerhaeuser President and CEO; Mark A. Emmert, UW President, Joins Board of Directors| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 17, 2008--Weyerhaeuser
Company (NYSE:WY) today announced that the board of directors has
elected Daniel S. Fulton, 59, president and chief executive officer
and a member of the board effective immediately. Fulton has served as
president since Jan. 1.
Fulton assumes the role of CEO from Steven R. Rogel, 65, who
remains chairman in a non-executive role.
Weyerhaeuser also announced that Mark A. Emmert, president of the
University of Was... |
| | | 04/17/08 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 17, 2008--The board of
directors of Weyerhaeuser Company (NYSE:WY) on April 17 declared a
dividend of 60 cents per share on the common stock of the corporation
payable May 27, 2008 to shareholders of record at the close of
business May 2, 2008.
Weyerhaeuser Company, one of the world's largest forest products
companies, was incorporated in 1900. In 2007, sales were $16.3
billion. It has offices or operations in 13 countries, with customers... |
| | | 04/10/08 | Weyerhaeuser to Release First Quarter Earnings on May 2| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 10, 2008--Weyerhaeuser
Company (NYSE: WY) will release first quarter 2008 results on May 2
before the market opens. The company will hold a live conference call
at 7 a.m. Pacific (10 a.m. Eastern) on May 2 to discuss first quarter
results.
To access the conference call from within North America, dial
1-800-218-0530 at least 15 minutes prior to the call. Those calling
from outside North America should dial 1-303-275-2170. Replays will be
... |
| | | 04/02/08 | Weyerhaeuser to Indefinitely Shut Down Hudson Bay, SK, Structurwood(R) Facility| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 2, 2008--Weyerhaeuser
Company (NYSE:WY) today announced it will indefinitely curtail
operations at its Structurwood(R) plant in Hudson Bay, Saskatchewan,
by early July.
"The continued challenges in the North American housing market
require us to bring supply into balance with demand," said Phil
Dennett, Weyerhaeuser's Vice President, Strand Technologies.
There are 170 people directly employed at the Hudson Bay oriented
strand board m... |
| | | 03/31/08 | Weyerhaeuser Exploring Sale of Patented OPC Technology| FEDERAL WAY, Wash.--(BUSINESS WIRE)--March 31, 2008--Weyerhaeuser
Company (NYSE:WY) today announced it is exploring the sale of its
Oriented Polymer Composites (OPC) technology located in Kent, Wash.
The OPC platform represents an advance in the technology used to
create wood-plastic composites for exterior building products.
Weyerhaeuser's proprietary OPC technology is supported by several
United States and foreign patents and patent applications. This
technology is used to gener... |
| | | 03/17/08 | Weyerhaeuser Sells Containerboard, Packaging and Recycling to International Paper for $6 Billion in Cash| FEDERAL WAY, Wash.--(BUSINESS WIRE)--March 17, 2008--Weyerhaeuser
Company (NYSE:WY) today announced the sale of its Containerboard
Packaging and Recycling business to International Paper (NYSE:IP) for
$6 billion in cash, subject to post closing adjustments. Weyerhaeuser
said it expects to use a substantial portion of the after-tax proceeds
from the sale to pay down debt.
The transaction includes nine containerboard mills, 72 packaging
locations, 10 specialty-packaging plants, four... |
| | | 03/13/08 | Weyerhaeuser Names Larry Burrows, WRECO President/CEO| FEDERAL WAY, Wash.--(BUSINESS WIRE)--March 13, 2008--Weyerhaeuser
Company (NYSE:WY) today announced that Larry Burrows, 55, has been
named president and chief executive officer of Weyerhaeuser Real
Estate Company effective March 31.
He succeeds Daniel S. Fulton who assumed the title of president,
Weyerhaeuser Company, in December.
Burrows will report directly to Fulton and will be a member of the
company's senior management team. In his new role, Burrows will
oversee five loc... |
| | | 03/13/08 | Weyerhaeuser to Close Honolulu Box Plant| HONOLULU--(BUSINESS WIRE)--March 13, 2008--Weyerhaeuser Company
(NYSE:WY) today informed employees it will permanently close its
Honolulu corrugated packaging facility affecting approximately 85
employees.
"Weyerhaeuser has enjoyed serving customers for fifty years in
Hawaii, and it is with much regret that we announce the permanent
closure of the Honolulu box plant," said Ed Carter, Weyerhaeuser
Containerboard Packaging and Recycling sales vice president. "We fully
understand th... |
| | | 03/06/08 | Weyerhaeuser Announces Closure of Green Mountain Sawmill| FEDERAL WAY, Wash.--(BUSINESS WIRE)--March 6, 2008--Weyerhaeuser
Company (NYSE:WY) today announced that it has accelerated plans to
permanently close its Green Mountain Sawmill in Toutle, Wash. due to
weak demand for wood products.
The mill, originally scheduled to close at the end of August, will
now close May 1. Weyerhaeuser will adjust production internally to
meet customer orders.
The planned facility closure, which affects 100 associates, was a
difficult decision accordi... |
| | | 03/03/08 | Weyerhaeuser Announces Closure of Its iLevel Veneer Technologies Facility in Junction City, Oregon| FEDERAL WAY, Wash.--(BUSINESS WIRE)--March 3, 2008--Weyerhaeuser
Company (NYSE:WY) today announced that it will permanently close its
iLevel Veneer Technologies Facility in Junction City, Ore., effective
March 3, 2008.
Demand for engineered wood products has declined due to a slowdown
in the housing market. As a result of these challenging market
conditions, Weyerhaeuser will discontinue veneer drying operations at
its Junction City facility and adjust production internally to mee... |
| | | 02/29/08 | Chevron and Weyerhaeuser Form Biofuels Joint Venture|
Catchlight Energy LLC Leverages World-Class Capabilities of Both
Companies to Develop Renewable Transportation Fuels from Nonfood
Sources
SAN RAMON, Calif. & FEDERAL WAY, Wash.--(BUSINESS WIRE)--Feb. 29,
2008--Chevron Corporation (NYSE:CVX) and Weyerhaeuser Company
(NYSE:WY) today announced the creation of a 50-50 joint venture
company focused on developing the next generation of renewable
transportation fuels from nonfood sources.
The j... |
| | | 02/27/08 | Weyerhaeuser Holdings Limited Exercises Redemption Call Right; Will Acquire All Outstanding Exchangeable Shares on April 29| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Feb. 27, 2008--Weyerhaeuser
Company Limited (TSX:WYL), an indirect subsidiary of Weyerhaeuser
Company (NYSE:WY), today announced that it is exercising its right to
redeem the exchangeable shares issued when Weyerhaeuser acquired
MacMillan Bloedel Ltd. in November 1999.
Those holding the exchangeable shares on April 29 will receive
shares of Weyerhaeuser common stock on a one-for-one basis. Holders of
the exchangeable shares have had the same ri... |
| | | 02/20/08 | Weyerhaeuser to Permanently Close Idled Saskatchewan Mills| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Feb. 20, 2008--Weyerhaeuser
Company (NYSE: WY) announced today that it will permanently close two
idled Saskatchewan facilities in Canada.
The softwood stud mill in Carrot River and the softwood plywood
mill in Hudson Bay have not been in operation since January 2007.
"After having kept both mills in a saleable position for more than
a year -- including retaining members of the respective mill
leadership teams -- we are announcing today the... |
| | | 02/18/08 | Weyerhaeuser Announces Sale of Timber Rights to West Fraser; Closure of Kamloops Sawmill| VANCOUVER, British Columbia, Feb 18, 2008 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:WY) announced today the outcome of its
strategic review for the Kamloops, BC sawmill and timber tenure
operations.
"After a long process of examining all of our options for more
than a year -- including an extended search for a buyer of the
Kamloops sawmill -- we are announcing today the sale of our timber
harvesting licences to West Fraser Timber Co. Ltd., and the closure of
our Kamloops sawmill," sai... |
| | | 02/15/08 | Weyerhaeuser Announces Prospective Buyer for Its Cosmopolis Pulp Mill| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Feb. 15, 2008--Weyerhaeuser
Company (NYSE:WY) today announced that it intends to enter into
preliminary/formal purchase discussions with Evergreen Pulp/Grays
Harbor PUD to buy the Cosmopolis Pulp Mill, located near Aberdeen,
Wash.
A viable proposal offered by Evergreen Pulp/Grays Harbor PUD
offered assurance that sustained operations could be resumed at the
mill, while offering appropriate sales value to Weyerhaeuser. The
offer was very compet... |
| | | 02/11/08 | Weyerhaeuser Report on Washington and Oregon December 2007 Storm Now Available| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Feb. 11, 2008--Weyerhaeuser
Company today issued a summary and report on the series of storms that
hit southwest Washington and northwest Oregon on Dec. 1-4, 2007. The
extremely high winds and rainfall caused significant tree blowdown,
landslides, and flooding, resulting in extensive property damage and
displacing hundreds of people from their homes, farms and businesses.
The report, prepared by Weyerhaeuser hydrologist Maryanne Reiter,
is base... |
| | | 02/08/08 | Weyerhaeuser Net Earnings Increase to $790 Million for 2007|
* Includes Gain on Fine Paper Divestiture
* Housing Market Remains Challenged
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Feb. 8, 2008--Weyerhaeuser
Company (NYSE:WY) today reported net earnings of $790 million for
2007, or $3.59 per diluted share, on net sales of $16.3 billion. This
compares with net earnings of $453 million for 2006, or $1.84 per
diluted share, on net sales of $18.7 billion.
For the fourth quarter 2007, Weyerhaeuser reported a net loss of
63 million,... |
| | | 02/01/08 | Weyerhaeuser Considers Strategic Alternatives For Commercial Construction Sales| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Feb. 1, 2008--Weyerhaeuser
Company (NYSE:WY) today announced that it will consider a broad range
of strategic alternatives for its Commercial Construction Sales
business and related assets. Alternatives range from continuing to
hold and operate the assets to a possible sale or combination.
"We are positioning our Wood Products business to grow in areas
that present the greatest opportunities for our shareholders and
employees," said Lee Alford,... |
| | | 01/14/08 | Finnforest Agrees to Buy Weyerhaeuser's European Engineered Wood Products Sales Operations| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 14, 2008--Weyerhaeuser
Company (NYSE:WY) today announced that it has reached a definitive
agreement to sell its iLevel European engineered wood products
operations to Finnforest of Finland, part of the Metsaliitto Group.
Terms of the sale were not disclosed.
The transaction includes approximately 30 associates in the sales
and technical support organization. The sale also includes supply
commitments for iLevel's wood products brands in Eur... |
| | | 01/10/08 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 10, 2008--The executive
committee of the board of directors of Weyerhaeuser Company (NYSE: WY)
on Jan. 10 declared a dividend of 60 cents per share on the common
stock of the corporation payable Feb. 25 to shareholders of record at
the close of business Feb. 1.
Weyerhaeuser Company, one of the world's largest forest products
companies, was incorporated in 1900. In 2006, sales were $21.9
billion. It has offices or operations in 18 countries... |
| | | 01/07/08 | Weyerhaeuser Names Claire S. Grace Vice President| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 7, 2008--Weyerhaeuser
Company (NYSE: WY) today announced that Claire S. Grace has been named
vice president in addition to her existing roles as corporate
secretary and assistant general counsel. She reports to Sandy McDade,
senior vice president and general counsel.
Grace has served as the company's corporate secretary and
assistant general counsel since 2000. She joined Weyerhaeuser in 1997
as a senior attorney and became senior legal co... |
| | | 01/03/08 | Weyerhaeuser to Release Fourth Quarter Earnings on Feb. 8| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 3, 2008--Weyerhaeuser
Company (NYSE: WY) will release fourth quarter 2007 results on Feb. 8
before the market opens. The company will hold a live conference call
at 7 a.m. Pacific (10 a.m. Eastern) on Feb. 8 to discuss fourth
quarter results.
To access the conference call from within North America, dial
1-800-218-0530 at least 15 minutes prior to the call. Those calling
from outside North America should dial 1-303-275-2170. Replays will be... |
| | | 12/20/07 | Weyerhaeuser Donates $100,000 for Storm Relief in Washington and Oregon Communities| FEDERAL WAY, Wash., Dec. 20 /PRNewswire/ -- The Weyerhaeuser Company
Foundation today announced that it has awarded $100,000 in direct cash
donations to support relief and rebuilding efforts in areas affected by storms
earlier this month.
Five relief organizations in five counties in Washington and Oregon will
receive donations for emergency disaster relief, including:
-- United Way of Lewis County - A $40,000 donation for relief activities
in Lewis County, Washingt... |
| | | 12/13/07 | Daniel S. Fulton Elected President, Weyerhaeuser Company| FEDERAL WAY, Wash., Dec. 13 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced that the board of directors has elected Daniel S.
Fulton, 59, president effective Jan. 1, 2008. In his new role, Fulton will
oversee operations and a number of staff functions. He retains his position as
president, Weyerhaeuser Real Estate Company.
Fulton will report to Steven R. Rogel, chairman and chief executive
officer. Also reporting to Rogel are Patricia M. Bedient, executi... |
| | | 11/27/07 | Conservation Projects in Mississippi and Oregon Get Boost From The Nature Conservancy and Weyerhaeuser| FEDERAL WAY, Wash., Nov. 27 /PRNewswire/ -- The Willamette Valley in
Oregon and the Old Cove area in Mississippi are the focus of environmental
conservation efforts in year two of a five-year, $1 million collaboration
between The Nature Conservancy and the Weyerhaeuser Company.
The Old Cove area of Webster County is located in a 12,000-acre forested
landscape that includes the headwaters of three rivers, the ecologically
unique Shelton Mountain and at least 12 rare or little-know... |
| | | 11/12/07 | Recycling Is Critical for Environment and Business| FEDERAL WAY, Wash., Nov. 12 /PRNewswire/ -- America has the opportunity to
significantly increase its recovery of recyclable materials, according to Pete
Grogan, recycling market development manager for Weyerhaeuser Company, and
nationally recognized authority on resource recycling.
Grogan estimates that Americans dispose of $3 billion worth of recoverable
paper each year. "Tossing paper into a landfill is not a sustainable
practice," said Grogan. "It depletes resources, wastes e... |
| | | 10/31/07 | Weyerhaeuser Reports 3rd Quarter Net Earnings of $101 Million, or 47 Cents per Diluted Share, on Sales of $4.1 Billion| FEDERAL WAY, Wash., Oct. 31 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today reported net earnings of $101 million for the third quarter
of 2007, or 47 cents per diluted share, on sales of $4.1 billion.
Third quarter 2007 earnings include the following after-tax items:
* A charge of $17 million, or 8 cents per diluted share, for closures,
restructuring and asset impairments in our Wood Products segment.
* A charge of $17 million... |
| | | 10/31/07 | Weyerhaeuser, Global Forest Partners Complete Sale of New Zealand Assets| FEDERAL WAY, Wash., Oct. 31 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) and Global Forest Partners today announced the completion of the
sale and transfer of assets from their former joint venture to GFP sole
ownership after receiving the necessary government approvals.
Under the agreement, GFP investment funds will acquire Weyerhaeuser New
Zealand, Inc., and Weyerhaeuser's interest in the Nelson JV assets. These
assets include approximately 67,000 productive hectar... |
| | | 10/23/07 | Weyerhaeuser Adopts Majority Voting for Election of Directors| FEDERAL WAY, Wash., Oct. 23 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced that its board of directors has approved measures
to enhance the company's corporate governance practices regarding the election
of directors.
The company amended its bylaws, effective immediately, to allow for the
use of the majority standard in uncontested elections. Under the new
amendment, a nominee who does not receive a majority of the votes cast must
submit his or her res... |
| | | 10/18/07 | Weyerhaeuser to Indefinitely Curtail Three iLevel Building Products Plants| FEDERAL WAY, Wash., Oct 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- In response to slow
customer demand, Weyerhaeuser Company (NYSE: WY) today announced it will
indefinitely curtail oriented strand board plants in Drayton Valley, Alberta,
and Wawa, Ontario, and a laminated strand lumber plant in Deerwood, Minn.,
before year-end 2007.
"The decline in North American housing starts has reduced demand for wood
products, requiring us to rationalize our supply of OSB and enginee... |
| | | 10/18/07 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Oct. 18 /PRNewswire-FirstCall/ -- The board of
directors of Weyerhaeuser Company (NYSE: WY) on Oct. 18 declared a dividend of
60 cents per share on the common stock of the corporation payable Dec. 3,
2007, to shareholders of record at the close of business Nov. 9, 2007.
Weyerhaeuser Company, one of the world's largest forest products
companies, was incorporated in 1900. In 2006, sales were $18.7 billion. It has
offices or operations in 18 countries, with custo... |
| | | 10/03/07 | Weyerhaeuser Named to Dow Jones Sustainability Index, North America| FEDERAL WAY, Wash., Oct. 3 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced it has been named to the Dow Jones Sustainability
Index (DJSI) that tracks companies in terms of their economic, environmental
and social performance.
Weyerhaeuser is the only North American forest products company in the
industry category of basic materials to be named.
The annual review of the DJSI is based on a thorough assessment of
corporate economic, environmental and s... |
| | | 10/01/07 | Weyerhaeuser to Shut Sections of Two Mills| FEDERAL WAY, Wash., Oct. 1 /PRNewswire-FirstCall/ -- In connection with
its ongoing strategic review, Weyerhaeuser Company (NYSE: WY) today announced
it will convert its Dodson, La., plywood operation to a 100 percent veneer
manufacturing operation, effective Oct. 26, 2007. The company will also stop
veneer production at its Colbert, Ga., mill within the next 30 days. The
Colbert site will continue manufacturing Parallam(R) using veneer supply from
Dodson and other Weyerhaeuser veneer ... |
| | | 09/28/07 | Weyerhaeuser to Release Third Quarter Earnings on Oct. 31| FEDERAL WAY, Wash., Sept. 28 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) will release third quarter 2007 results on Oct. 31 before
the market opens. The company will hold a live conference call at 7 a.m.
Pacific (10 a.m. Eastern) on Oct. 31 to discuss third quarter results.
To access the conference call from within North America, dial
1-800-218-4007 at least 15 minutes prior to the call. Those calling from
outside North America should dial 1-303-262-2075. Replays w... |
| | | 09/26/07 | Weyerhaeuser Receives Favorable Paragon Decision| FEDERAL WAY, Wash., Sept. 26 /PRNewswire/ -- U.S. District Court Judge
Julie E. Carnes reversed the decision of the bankruptcy court and held that
Weyerhaeuser did not breach its obligations when it transferred assets to
Paragon during a spin-off of its diaper business.
"We are pleased by the judge's decision," said Sandy D. McDade, senior
vice president and general counsel. "Today's decision validates our belief
that we acted properly in our disclosures at the time of the public... |
| | | 09/20/07 | Weyerhaeuser Agrees to Buy Idabel Sawmill| IDABEL, Okla., Sept. 20 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced it has signed a letter of intent to purchase the
Idabel sawmill owned by Freeman Brothers, Inc., also doing business as Bibler
Brothers Lumber Company.
Idabel is currently a contract sawmill for Weyerhaeuser and a chip
supplier for Weyerhaeuser's Valliant, Okla., containerboard mill. It employs
approximately 130 people and has the capacity to produce 130 million board
feet of lumber... |
| | | 09/17/07 | Weyerhaeuser Restructures BC Interior Operations| VANCOUVER, British Columbia, Sept. 17 /PRNewswire-FirstCall/ --
Weyerhaeuser Company (NYSE: WY) announced today that it will restructure its
operations in the Southern Interior of British Columbia by closing its
Okanagan Falls sawmill, effective December 17, 2007, and modernizing its
Princeton sawmill.
"The decision to close the Okanagan Falls mill and to reinvest in
Princeton was taken after a thorough review of how best to strengthen our
long-term competitive position in the S... |
| | | 09/05/07 | Rogel, Bedient to Represent Weyerhaeuser at UBS Conference| FEDERAL WAY, Wash., Sept. 5 /PRNewswire-FirstCall/ -- Steven R. Rogel,
chairman, president and chief executive officer, and Patricia M. Bedient,
executive vice president and chief financial officer, will represent
Weyerhaeuser Company (NYSE: WY) at the UBS Global Paper and Forest Products
Conference on Sept. 18.
Rogel and Bedient are scheduled to present to the conference at 2:15 P.M.
Eastern.
The presentation and question and answer session will be audio webcast
live via t... |
| | | 08/15/07 | Weyerhaeuser Company Foundation donates $60,000 to Assess Environmental Impacts of Building Products| FEDERAL WAY, Wash., Aug. 15 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
Foundation has awarded Athena Institute International a $60,000 grant to
improve decision-making tools that can help reduce the environmental impacts
of building commercial and residential structures.
"For more than a decade, the Athena Institute has been helping architects,
engineers and others to evaluate the environmental impacts of new and existing
buildings through life cycle assessments," said Karen ... |
| | | 08/07/07 | Weyerhaeuser and Interfor Reach Agreement-in-Principle for Sale of Kamloops Sawmill| VANCOUVER, British Columbia, Aug. 7 /PRNewswire/ -- Weyerhaeuser Company
(NYSE: WY) announced today that it has reached an agreement-in-principle to
sell its Kamloops sawmill and associated timber harvesting rights to
International Forest Products Limited ("Interfor").
"This decision was taken after a thorough review of our strategic goals,"
said Craig Neeser, president, Weyerhaeuser Company Limited. "Today's
announcement reflects decades of solid work and attention to safety on ... |
| | | 08/03/07 | Weyerhaeuser Reports 2nd Quarter Net Earnings of $32 Million, or 15 Cents per Diluted Share, on Sales of $4.3 Billion| FEDERAL WAY, Wash., Aug 03, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Weyerhaeuser Company
(NYSE: WY) today reported net earnings of $32 million for the second quarter
of 2007, or 15 cents per diluted share, on sales of $4.3 billion.
Second quarter 2007 earnings include the following after-tax items:
* A charge of $30 million, or 14 cents per diluted share, for asset
impairments in the Wood Products and Real Estate and Related Assets
segme... |
| | | 07/31/07 | Recyclable Paper Bag Plants at Weyerhaeuser Earn SFI(R) Certification| FEDERAL WAY, Wash., July 31 /PRNewswire/ -- All of Weyerhaeuser Company's
U.S. kraft paper bag plants have earned Sustainable Forestry Initiative(R)
(SFI) certification and are authorized to use the SFI Certified Sourcing
product label. Weyerhaeuser is one of the first retail packaging companies to
receive this certification.
"Consumers want environmentally sustainable packaging," says Tom Gideon,
senior vice president, Containerboard Packaging & Recycling. "Our paper bags
are r... |
| | | 07/16/07 | Weyerhaeuser to Release Second Quarter Earnings on Aug. 3| FEDERAL WAY, Wash., July 16, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Weyerhaeuser Company
(NYSE: WY) will release second quarter 2007 results on Aug. 3 before the
market opens. The company will hold a live conference call at 7 a.m. Pacific
(10 a.m. Eastern) on Aug. 3 to discuss second quarter results.
To access the conference call from within North America, dial
1-800-218-0530 at least 15 minutes prior to the call. Those calling from
outside North America should dial 1-... |
| | | 07/12/07 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., July 12, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- The Executive
Committee of the Board of Directors of Weyerhaeuser Company (NYSE: WY) on July
12, 2007, declared a dividend of $0.60 per share on the common stock of the
corporation payable August 27, 2007, to shareholders of record at the close of
business August 3, 2007.
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2005, sales were $2... |
| | | 07/10/07 | New Annual Sustainability Report Shows Weyerhaeuser Progress in the Areas of Environmental, Social and Economic Responsibility| FEDERAL WAY, Wash., July 10 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY), one of the world's largest forest products companies, continues to
make gains improving its sustainable systems, enhancing employee well-being,
and reducing its environmental footprint all while continuing to deliver
strong shareholder value.
The facts to support these statements are available in Weyerhaeuser's
latest sustainability performance report released today. This data-rich report
desc... |
| | | 07/09/07 | Weyerhaeuser Announces Sale of Springfield, Ore. Plywood Mill| SPRINGFIELD, Ore., July 9 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY)
announced today it has signed a purchase and sale agreement to transfer
ownership of its plywood mill in Springfield, Ore. to Pacific States
Industries, Inc. of San Jose, Calif.
"We are pleased to reach mutually agreeable terms with Pacific States
Industries," said Cathy Slater, vice president of Weyerhaeuser's veneer
technologies. "We anticipate that the sale will be completed within the next
30 to 45 da... |
| | | 06/27/07 | Weyerhaeuser Restructures International Holdings; Global Forest Partners Builds on Uruguay Experience, Assumes Larger New Zealand Position| FEDERAL WAY, Wash., June 27 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced the signing of a letter of intent with Global
Forest Partners LP (GFP) in a strategic move to focus Weyerhaeuser's
international timberland investment on South America.
Under the letter of intent, Weyerhaeuser will acquire complete ownership
of the Los Piques plywood mill and half of the 81,000 hectares of planted
forests that Weyerhaeuser and two GFP investment funds own through... |
| | | 06/22/07 | Weyerhaeuser to Permanently Close Claresholm Plant| CLARESHOLM, Alberta, June 22 /PRNewswire/ -- Weyerhaeuser Company
(NYSE: WY) today announced it will permanently close its iLevel(TM) Trus
Joist(R) TJI(R) joists plant in Claresholm, Alberta, effective Aug. 30, 2007.
The decision to close the plant that employs 85 people was difficult,
according to Cathy Slater, Weyerhaeuser's vice president of Veneer
Technologies.
"Weyerhaeuser made the difficult decision after a strategic review of the
company's TJI(R) joist business," Sla... |
| | | 06/11/07 | Recyclable Paper Bags Are an Environmentally Sustainable Solution| FEDERAL WAY, Wash., June 11 /PRNewswire-FirstCall/ -- Across the United
States, cities are enacting legislation mandating recycled, recyclable,
reusable bags at retail stores.
"It's important that lawmakers, retailers and consumers have the facts
about retail packaging alternatives," said Bob Rovzar, managing director for
Weyerhaeuser Company's retailer segment.
"Recyclable paper bags are an environmentally sustainable, functional
choice for stores and consumers," he said. "... |
| | | 06/07/07 | Weyerhaeuser Announces Sale of Elma, Washington Veneer Operation| FEDERAL WAY, Wash., June 7 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) announced today it has signed a purchase and sale agreement to
transfer ownership of its veneer technologies operation in Elma, Wash. to
Murphy Company of Eugene, Oregon.
"We are pleased to reach mutually agreeable terms with Murphy Company,"
said Cathy Slater, vice president of Weyerhaeuser's veneer technologies. "Our
dedicated associates continue to safely operate the mill and meet our custome... |
| | | 06/07/07 | Weyerhaeuser Announces Results of Maximum Tender Offers| FEDERAL WAY, Wash., June 7 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) announced the expiration, as of 12:00 midnight, New York City time
on June 6, 2007, of its previously announced Maximum Tender Offers for up to
$519,483,000 in aggregate principal amount of securities. According to the
terms set forth in the Offer to Purchase dated May 9, 2007, $595,211,000 in
aggregate principal amount of securities were validly tendered and accepted
for purchase, resulting in a Final... |
| | | 06/04/07 | Weyerhaeuser Announces Reference Yields and Full Tender Offer Consideration for Maximum Tender Offers| FEDERAL WAY, Wash., June 4 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced the applicable reference yields and Full Tender
Offer Consideration for each series of Securities to be purchased pursuant to
its previously announced Maximum Tender Offers.
The reference yields were determined today at 2 p.m. New York City time.
The Full Tender Offer Consideration for the Securities subject to the Maximum
Tender Offers is based on the applicable reference yield p... |
| | | 06/04/07 | Weyerhaeuser Completes Sale of Canadian Distribution Assets; Negotiations Continue for Select U.S. Sites| FEDERAL WAY, Wash., June 4 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced it has completed the sale and transfer of its
Canadian building materials distribution assets to Platinum Equity of Los
Angeles, Calif. Terms of the sale were not disclosed.
The sale includes all of the company's distribution centers in Canada:
Brampton, Ontario; Calgary, Alberta; Dartmouth, Nova Scotia; Edmonton,
Alberta; Kelowna, British Columbia; Montreal, Quebec; Ottawa, Onta... |
| | | 05/23/07 | Weyerhaeuser Company Announces Expiration of the Early Tender Period for the Maximum Tender Offer| FEDERAL WAY, Wash., May 23 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) announced the expiration of the early tender period for its Maximum
Tender Offers. According to the information provided by Global Bondholder
Services Corporation, the depositary for the tender offers, $834,655,000 in
aggregate principal amount of the notes were validly tendered and not validly
withdrawn in the Maximum Tender Offers at or before 5:00 p.m. New York City
time, on May 22, 2007 ("the Earl... |
| | | 05/17/07 | Weyerhaeuser Announces Expiration and Results of Its Any and All Tender Offers| FEDERAL WAY, Wash., May 17 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) announced the expiration of its Any and All Offers. According to
information provided by Global Bondholder Services Corporation, the depositary
for the tender offers, the following table summarizes the aggregate principal
amount of debentures validly tendered and not validly withdrawn at or before
5:00 p.m. New York City time on May 16, 2007, the expiration of the Any and
All Offers. Weyerhaeuser has... |
| | | 05/16/07 | Weyerhaeuser to Hold Annual Analyst Meeting on June 1| FEDERAL WAY, Wash., May 16, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Weyerhaeuser Company
(NYSE: WY) will hold its annual analyst meeting at 9 a.m. Eastern on June 1 in
New York City at the Sofitel Hotel, 45 West 44th St.
To register for the meeting, please go to:
www.register123.com/event/profile/form/index.cfm?PKformID=0x376106be6a. The
meeting will be webcast beginning at 9 a.m. Eastern at www.weyerhaeuser.com.
Weyerhaeuser Company, one of the world's largest forest pro... |
| | | 05/14/07 | Weyerhaeuser Announces Reference Yields and Full Tender Offer Consideration for Any and All Offers| FEDERAL WAY, Wash., May 14 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) announced today the applicable reference yield and Full Tender
Offer Consideration for each series of Securities to be purchased pursuant to
its previously announced Any and All Offers. The reference yield was
determined today at 2:00 p.m. New York City time.
The Full Tender Offer Consideration for the Securities subject to the Any
and All Offers is based on the applicable reference yield plus a ... |
| | | 05/09/07 | Weyerhaeuser Announces Cash Tender Offers for Up to $825 Million of Its Securities| FEDERAL WAY, Wash., May 9 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) announced today the commencement of cash tender offers to purchase
up to $825 million principal amount across selected securities in its debt
portfolio.
The tender offers consist of an Any and All Offer for four securities and
a Maximum Tender Offer for six securities, both of which are made pursuant to
the terms and conditions set forth in an Offer to Purchase dated May 9, 2007.
In the Any and... |
| | | 05/04/07 | Weyerhaeuser Reports 1st Quarter Net Earnings of $755 Million on Gain Realized in Connection With Domtar Transaction| FEDERAL WAY, Wash., May 4 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today reported net earnings of $755 million for the first quarter
of 2007, or $3.22 per diluted share, on sales of $3.9 billion.
First quarter 2007 earnings include the following after-tax items:
-- A gain of $756 million, or $3.22 per diluted share, on the distribution
of the fine paper business and related assets to Weyerhaeuser
shareholders. The gain includes a Canadian... |
| | | 05/04/07 | Weyerhaeuser Considers Strategic Alternatives for Containerboard, Packaging and Recycling Business| FEDERAL WAY, Wash., May 4 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced that its board of directors has authorized a
process to consider a broad range of strategic alternatives for its
Containerboard, Packaging and Recycling business. Alternatives range from
continuing to hold and operate the assets to a possible sale or combination.
"We are positioning Weyerhaeuser to grow in areas that present the
greatest opportunities for our shareholders and employe... |
| | | 04/19/07 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., April 19 /PRNewswire-FirstCall/ -- The board of
directors of Weyerhaeuser Company (NYSE: WY) on April 19 declared a dividend
of 60 cents per share on the common stock of the corporation payable May 29 to
shareholders of record at the close of business May 4.
Weyerhaeuser Company, one of the world's largest forest products
companies, was incorporated in 1900. In 2005, sales were $22.6 billion. It has
offices or operations in 18 countries, with customers worldwi... |
| | | 04/19/07 | Weyerhaeuser Names Patricia M. Bedient Executive VP, CFO; Richard J. Taggart Announces Retirement| FEDERAL WAY, Wash., April 19 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) today announced that Patricia M. Bedient, 53, has been
elected executive vice president and chief financial officer by the board of
directors effective immediately.
Bedient succeeds Richard J. Taggart, 64, who will retire in June after
reaching the company's mandatory retirement age. Taggart has served as CFO
since April 2003.
In addition to serving as the company's chief financial officer... |
| | | 04/16/07 | Weyerhaeuser to Release First Quarter Earnings on May 4| FEDERAL WAY, Wash., April 16 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) will release first quarter 2007 results on May 4 before the
market opens. The company will hold a live conference call at 7 a.m. Pacific
(10 a.m. Eastern) on May 4 to discuss first quarter results.
To access the conference call from within North America, dial
1-800-218-0530 at least 15 minutes prior to the call. Those calling from
outside North America should dial 1-303-205-0033. Replays will b... |
| | | 04/12/07 | Chevron and Weyerhaeuser Create Biofuels Alliance| Letter of Intent Aimed at Development of Renewable Transportation Fuels Derived From CelluloseSAN RAMON, Calif. and FEDERAL WAY, Wash., April 12, 2007 /PRNewswire via COMTEX News Network/ -- Chevron
Corporation (NYSE: CVX) and Weyerhaeuser Company (NYSE: WY) today announced a
letter of intent (LOI) to jointly assess the feasibility of commercializing
the production of biofuels from cellulose-based sources.
The companies will focus on researching and developing technology that can
transfor... |
| | | 03/23/07 | Westwood Shipping Appoints Guy Stephenson as President| FEDERAL WAY, Wash., March 23 /PRNewswire/ -- Weyerhaeuser Company (NYSE:
WY) today announced the appointment of Guy C. Stephenson, 55, as president of
Westwood Shipping Lines. He succeeds Craig A. Lawrence, 57, who retires from
the company after 17 years of service, on April 20.
Stephenson is currently senior legal counsel at Weyerhaeuser and has been
with the company since 2001. He has provided support to Westwood in many
contractual, regulatory and other legal areas, and led ... |
| | | 03/20/07 | Weyerhaeuser Announces Management Changes: Gideon, Branson, Holmes Assume New Roles; Keller Retires| FEDERAL WAY, Wash., March 20, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Weyerhaeuser
Company (NYSE: WY) today announced the appointment of Thomas F. Gideon, 55, as
senior vice president, Containerboard Packaging and Recycling, effective
immediately. He succeeds James R. Keller, 56, who retires after 32 years with
the company.
James (Mike) M. Branson, 51, succeeds Gideon as senior vice president,
Timberlands.
Gideon and Branson will report to Richard E. Hanson, executive v... |
| | | 03/14/07 | Weyerhaeuser Packaging Plants Earn SFI(R) Certification| FEDERAL WAY, Wash., March 14, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- All of
Weyerhaeuser Company's U.S. containerboard packaging plants have earned
Sustainable Forestry Initiative (SFI)(R) certification and are authorized to
use the SFI Certified Sourcing product label. Weyerhaeuser is one of the first
corrugated packaging companies to receive this certification.
"Our customers want environmentally sustainable packaging. They appreciate
that our corrugated packaging is re... |
| | | 03/12/07 | Weyerhaeuser Announces Final Proration Factor for Shares Tendered in Exchange Offer| FEDERAL WAY, Wash., March 12 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) announced that a total of 114,204,244 common shares of
Weyerhaeuser Company and exchangeable shares of Weyerhaeuser Company Limited
were validly tendered for exchange for 284,067,852 shares of Domtar
Corporation common stock pursuant to Weyerhaeuser's exchange offer that
expired on March 6, 2007.
The total shares tendered included 197,699 shares tendered by odd lot
shareholders not subject to ... |
| | | 03/07/07 | Weyerhaeuser Announces Results of Exchange Offer, Closes Transaction With Domtar Inc.| FEDERAL WAY, Wash., March 7 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced the results of its exchange offer and the closing
of its transaction to combine its Fine Paper business and related assets with
Domtar Inc. (NYSE: DTC).
The transaction creates a new company called Domtar Corporation
(NYSE: UFS).
Under the terms of the transaction, Weyerhaeuser received $1.35 billion in
cash and distributed ownership of its Fine Paper business and related as... |
| | | 03/02/07 | Weyerhaeuser Announces Final Exchange Ratio for Domtar Exchange Offer Set at Limit and Mandatory Extension of Offer to Midnight on Tuesday, March 6| FEDERAL WAY, Wash., March 2 /PRNewswire/ -- Weyerhaeuser Company
(NYSE: WY) today announced the final exchange ratio in connection with its
offer to exchange 284,067,852 shares of Domtar Corporation common stock for
common shares of Weyerhaeuser Company and exchangeable shares of Weyerhaeuser
Company Limited. The final exchange ratio is set at the limit of 11.1442
shares of Domtar Corporation common stock for each Weyerhaeuser common share
and exchangeable share validly tendered and n... |
| | | 03/01/07 | Weyerhaeuser Announces Further Details on Previously Declared Conditional Pro Rata Dividend| FEDERAL WAY, Wash., March 1 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced further details about its conditional pro rata
dividend of the shares of Domtar Corporation, created as a part of the pending
combination of the company's Fine Paper business and related assets with
Domtar Inc.
The conditional pro rata dividend, announced Feb. 2, 2007, would be
payable only if the exchange offer that Weyerhaeuser commenced is
undersubscribed. If the exchange off... |
| | | 02/26/07 | Weyerhaeuser Announces Approval by Security Holders of Domtar Inc.| FEDERAL WAY, Wash., Feb. 26 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) announced that the security holders of Domtar Inc. (NYSE: DTC; TSE)
have voted to approve the plan of arrangement to combine Domtar Inc. with the
fine paper business of Weyerhaeuser to be contributed to a new company called
Domtar Corporation.
Weyerhaeuser plans to distribute the 284,067,852 shares of Domtar
Corporation common stock it will hold as a result of the contribution of its
fine paper... |
| | | 02/23/07 | Weyerhaeuser Reverses Charges Taken for Alder Lawsuits| FEDERAL WAY, Wash., Feb. 23 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced it is reversing pre-tax charges of $95 million
previously taken to cover damages awarded by two juries in antitrust suits
involving alder sawlogs in the Pacific Northwest.
The company will recognize the reversal in its 2006 earnings as reported
in the company's 2006 10-K to be filed on Feb. 28.
Weyerhaeuser said it was reversing the charges because it no longer met
the accou... |
| | | 02/20/07 | U.S. Supreme Court Rules for Weyerhaeuser in Antitrust Suit| FEDERAL WAY, Wash., Feb. 20 /PRNewswire-FirstCall/ -- The U.S. Supreme
Court vacated a $79 million antitrust award against Weyerhaeuser Company
(NYSE: WY) in a 9-0 ruling issued today. The Court remanded the case to the
U.S. Ninth Circuit Court of Appeals for further proceedings.
Weyerhaeuser's appeal to the Supreme Court was supported by various
companies including Dow Chemical Co., Verizon Communications Inc., Coca-Cola
Co. and Microsoft Corp. In addition, the U.S. Solicitor Ge... |
| | | 02/16/07 | Weyerhaeuser Announces Exact Number of Domtar Corporation Shares Offered in Domtar Exchange Offer| FEDERAL WAY, Wash., Feb. 16 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) announced the determination today of the exact number of shares of
common stock of Domtar Corporation to be issued to Weyerhaeuser in connection
with the pending combination of its fine paper business with Domtar Inc.
(NYSE: DTC) and its offer to exchange shares of Domtar Corporation common
stock for common shares of Weyerhaeuser Company and exchangeable shares of
Weyerhaeuser Company Limited.
... |
| | | 02/16/07 | Weyerhaeuser to Sell Canadian and Certain U.S. Building Materials Distribution Assets| FEDERAL WAY, Wash., Feb. 16 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today reaffirmed its commitment to sharpen the focus of its
portfolio by announcing its intent to sell its Canadian and select U.S.
building materials distribution centers.
"The sale of these distribution centers is part of our ongoing effort to
sharpen the focus of our portfolio and enhance shareholder value," said Lee T.
Alford, senior vice president of residential wood products. "Weyerhaeuser... |
| | | 02/16/07 | Weyerhaeuser Reports Fourth Quarter 2006 Fine Paper Business Earnings| FEDERAL WAY, Wash., Feb. 16 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today reported the fourth quarter 2006 results of the Weyerhaeuser
Fine Paper Business (a business unit of Weyerhaeuser Company) which includes
assets that are expected to be combined with Domtar, Inc. (TSE/NYSE: DTC) in a
transaction previously announced by Weyerhaeuser Company and Domtar Inc. The
Weyerhaeuser Fine Paper Business had fourth quarter net earnings of $105
million, or $0.37 per share, on... |
| | | 02/13/07 | Weyerhaeuser Announces Effectiveness of Registration Statement for Domtar Exchange Offer| FEDERAL WAY, Wash., Feb. 13 /PRNewswire/ -- Weyerhaeuser Company
(NYSE: WY) announced that the registration statement on Forms S-4 and S-1
previously filed with the Securities and Exchange Commission in connection
with its offer to exchange shares of Domtar Corporation common stock for
common shares of Weyerhaeuser Company and exchangeable shares of Weyerhaeuser
Company Limited has been declared effective.
Under the terms of the exchange offer, tendering Weyerhaeuser shareholders... |
| | | 02/09/07 | Weyerhaeuser Oriented Strand Board Mills to Curtail Production| FEDERAL WAY, Wash., February 9, 2007 — Weyerhaeuser Company (NYSE: WY) today announced that two oriented strand board mills in Canada and one in West Virginia will implement a reduced operating posture due to weak demand, beginning first week of March. This reduction will take 500 million to 600 million square feet of oriented strand board out of Weyerhaeuser's system on an annual basis.
“Despite the best efforts of our mill employees, we cannot avoid reducing supply from these mills,” said P... |
| | | 02/09/07 | Weyerhaeuser Reports Net Earnings of $395 Million for 2006, or $1.61 Per Diluted Share, on Net Sales of $21.9 Billion| FEDERAL WAY, Wash., Feb. 9 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today reported net earnings of $395 million for 2006, or $1.61 per
diluted share, on net sales of $21.9 billion. This compares with net earnings
of $733 million, or $2.98 per diluted share, on net sales of $22 billion for
2005.
For the fourth quarter 2006, Weyerhaeuser reported net earnings of
$450 million, or $1.88 per diluted share, on net sales of $5.7 billion. Last
year, Weyerhaeuser reporte... |
| | | 02/05/07 | Weyerhaeuser Announces Receipt of IRS Ruling| FEDERAL WAY, Wash., Feb 05, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Weyerhaeuser Company
(NYSE: WY) today announced that it has received a ruling from the Internal
Revenue Service ("IRS") indicating that the contribution and distribution
steps of the combination of Weyerhaeuser and Domtar Inc. (NYSE: DTC),
including the exchange offer announced previously, will qualify as tax-free to
Weyerhaeuser, Domtar Corporation and the holders of common shares of
Weyerhaeuser for U.S. f... |
| | | 02/02/07 | Weyerhaeuser Announces Domtar Split-Off Exchange Offer| FEDERAL WAY, Wash., Feb. 2 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today commenced an offer to its shareholders for the exchange of
some or all of their common shares of Weyerhaeuser and exchangeable shares of
Weyerhaeuser Company Limited (TSX: WYL) for shares of Domtar Corporation
common stock.
The exchange is expected to be tax-free to participating Weyerhaeuser
shareholders for U.S. federal income tax purposes. The offer will expire at
12:00 midnight, New Yo... |
| | | 01/25/07 | Weyerhaeuser Announces Prospective Buyer for Its Cosmopolis Pulp Mill; Intent to Sell Its Elma, Washington Veneer Operation| FEDERAL WAY, Wash., Jan. 25 /PRNewswire/ -- Weyerhaeuser Company
(NYSE: WY) today announced that it intends to enter into preliminary/formal
purchase discussions with Charleston Investments to sell the Cosmopolis Pulp
Mill, located near Aberdeen, Wash.
The Charleston Investments proposal offered the greatest value to
Weyerhaeuser, and the most viable long-term investment for the community.
There is no timeline for completing the discussions.
In separate news, the company als... |
| | | 01/18/07 | Debra A. Cafaro Elected to Weyerhaeuser Board of Directors| FEDERAL WAY, Wash., Jan. 18 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced the election of Debra A. Cafaro, 49, to the
company's board of directors effective Feb. 15. Cafaro will stand for election
at the 2007 Weyerhaeuser annual meeting of shareholders on April 19.
Cafaro is chairman, president and chief executive officer of Ventas, Inc.
(NYSE: VTR), a leading health care real estate investment trust (REIT). She
also serves on the executive committee o... |
| | | 01/16/07 | Weyerhaeuser to Release Fourth Quarter Earnings on Feb. 9| FEDERAL WAY, Wash., Jan. 16 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) will release fourth quarter 2006 results on Feb. 9 before the
market opens. The company will hold a live conference call at 7 a.m. Pacific
(10 a.m. Eastern) on Feb. 9 to discuss fourth quarter results.
To access the conference call from within North America, dial
1-800-218-0530 at least 15 minutes prior to the call. Those calling from
outside North America should dial 1-303-262-2050. Replays wil... |
| | | 01/12/07 | Weyerhaeuser Extends Exclusive Contract with Lowe's to Offer ChoiceDek(R) Products| FEDERAL WAY, Wash., Jan 12, 2007 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:WY) announced today that it has
extended its exclusive agreement with Lowe's to offer the full line of
ChoiceDek(R) composite decking products in Lowe's Home Improvement
Centers in the United States. The three-year contract extension
includes several enhancements to the ChoiceDek offerings designed to
benefit consumers.
The extension of the contract ensures that ChoiceDek products,
which include decking and dec... |
| | | 01/11/07 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Jan. 11 /PRNewswire-FirstCall/ -- The executive
committee of the board of directors of Weyerhaeuser Company (NYSE: WY) on Jan.
11 declared a dividend of 60 cents per share on the common stock of the
corporation payable Feb. 26 to shareholders of record at the close of business
Feb. 2.
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 ... |
| | | 12/18/06 | Weyerhaeuser to Permanently Close Two Oregon Veneer Operations| EUGENE, Ore., Dec. 18 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced it will permanently close two veneer technologies
manufacturing operations in Oregon -- a plywood mill in Springfield and a
veneer plant in Coburg -- effective immediately.
The two shutdowns, which affect 86 people at the plywood mill and 42
people at the veneer plant, were difficult decisions according to Cathy
Slater, vice president of veneer technologies.
"Weyerhaeuser made the... |
| | | 12/14/06 | Weyerhaeuser Names Shaker Chandrasekaran Senior Vice President| FEDERAL WAY, Wash., Dec. 14 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company's board of directors today approved the appointment of Shaker
Chandrasekaran as senior vice president, Cellulose Fibers, effective
immediately. Chandrasekaran will be a member of the company's Senior
Management Team and serve on the Operating Committee. He will report to
Richard E. Hanson, executive vice president and chief operating officer.
Chandrasekaran succeeds Michael A. Jackson who retired to assu... |
| | | 12/14/06 | Weyerhaeuser to Build New Washington Lumber Mill to Improve Efficiencies; Company Will Permanently Close Its Green Mountain Sawmill in 2008| FEDERAL WAY, Wash., Dec. 14 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced it will revamp its lumber operations in Washington
to be more competitive. This strategy includes closing its Green Mountain
sawmill in Toutle, Wash., and building a new, more efficient lumber mill at
the existing lumber finishing operation in Longview, Wash.
Rob Taylor, Weyerhaeuser's iLevel lumber technologies vice president, said
Weyerhaeuser is pleased about the opportunity t... |
| | | 12/11/06 | Weyerhaeuser Indefinitely Curtails a Production Line in East Kentucky| CHAVIES, Ky., Dec. 11 /PRNewswire-FirstCall/ -- Weyerhaeuser announced
today that it will indefinitely curtail production on its East Kentucky
iLevel(TM) Trus Joist(R) TJI(R) joists line, effective immediately. The
announcement does not affect its adjacent iLevel(TM) Trus Joist(R)
TimberStrand(R) LSL operation.
The company expects the curtailment to last for all of 2007, affecting
about 40 hourly and salaried positions at the site. Affected associates will
receive full pay for 6... |
| | | 12/06/06 | Weyerhaeuser Provides Update on Wood Products Market| FEDERAL WAY, Wash., Dec. 6 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today 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... |
| | | 11/30/06 | Taggart, Bedient to Present at Citigroup Conference Dec. 7| FEDERAL WAY, Wash., Nov. 30 /PRNewswire-FirstCall/ -- Richard J. Taggart,
executive vice president and chief financial officer, and Patricia M. Bedient,
senior vice president -- Finance and Strategic Planning, will represent
Weyerhaeuser Company (NYSE: WY) at the Citigroup 11th Annual Global Paper and
Forest Conference on Dec. 7 in New York City.
Taggart and Bedient are scheduled to present to the conference at
8:50 a.m. Eastern.
The presentation will be audio webcast live w... |
| | | 11/29/06 | Weyerhaeuser Announces Closure of Plywood Mill in Arkansas| FEDERAL WAY, Wash., Nov. 29 /PRNewswire-FirstCall/ -- In connection with
its ongoing strategic review, Weyerhaeuser Company today announced that it is
permanently closing its veneer and plywood facility in Mountain Pine, Ark.,
effective immediately.
The Mountain Pine closure will eliminate about 340 hourly and salaried
positions. Affected employees will receive full pay for 60 days, as allowed by
the WARN Act.
"Today's announcement is part of the ongoing effort to strengthen... |
| | | 10/25/06 | Weyerhaeuser Reports Third Quarter Net Earnings of $211 Million, or 85 Cents per Diluted Share, on Net Sales of $5.3 Billion| FEDERAL WAY, Wash., Oct. 25 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today reported third quarter net earnings of $211 million, or 85
cents per diluted share, on net sales of $5.3 billion. This compares with $285
million, or $1.16 per diluted share, on net sales of $5.4 billion for the
third quarter 2005.
Third quarter 2006 earnings include the following after-tax items:
A gain of $31 million, or 13 cents per diluted share, from the sale of
the Nor... |
| | | 10/19/06 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Oct 19, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The board of
directors of Weyerhaeuser Company (NYSE: WY) on Oct. 19 declared a dividend of
60 cents per share on the common stock of the corporation payable Dec. 4,
2006, to shareholders of record at the close of business Nov. 10, 2006.
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 opera... |
| | | 10/02/06 | Market-Related Production Curtailment Planned for Carrot River Sawmill and Hudson Bay Plywood Mill| FEDERAL WAY, Wash., Oct. 2 /PRNewswire/ -- Weyerhaeuser Company informed
employees today that it plans market-related indefinite production
curtailments at its sawmill in Carrot River, Saskatchewan, and its plywood
mill in Hudson Bay, Saskatchewan.
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The shutdowns are scheduled to begin on Jan. 3, 2007. Because of the
indefinite nature of these produc... |
| | | 10/02/06 | Weyerhaeuser to Release Third Quarter Earnings on Oct. 25| FEDERAL WAY, Wash., Oct. 2 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) will release third quarter 2006 results on Oct. 25 before the
market opens. The company will hold a live conference call at 7 a.m. Pacific
(10 a.m. Eastern) on Oct. 25 to discuss third quarter results.
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To access the conference call from within North America, dial
1-88... |
| | | 09/12/06 | Rogel, Bedient to Present at UBS Conference Sept. 19| FEDERAL WAY, Wash., Sept. 12 /PRNewswire-FirstCall/ -- Steven R. Rogel,
chairman, president and chief executive officer, and Patricia M. Bedient,
senior vice president -- Finance and Strategic Planning, will represent
Weyerhaeuser Company (NYSE: WY) at the UBS Global Paper and Forest Products
Conference on Sept. 19.
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Rogel and Bedient are scheduled ... |
| | | 09/08/06 | Weyerhaeuser Names Miles P. Drake, SVP Research and Development, Chief Technology Officer| FEDERAL WAY, Wash., Sept. 8 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced the appointment of Miles P. Drake as senior vice
president, research and development and chief technology officer effective
Oct. 9.
In his new role, Drake oversees a research department of 430 employees
devoted to growing the core businesses, supporting Weyerhaeuser's customers
and creating new technical based options for growth for the corporation. Drake
will report to Richard E.... |
| | | 09/06/06 | Kim Williams Elected to Weyerhaeuser Board of Directors| FEDERAL WAY, Wash., Sept. 6 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced the election of Kim Williams, 50, to the company's
board of directors effective Oct. 1. Williams replaces Robert J. Herbold who
retired from the board earlier this year.
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Williams recently retired from Wellington Management Co. LLP where she had
se... |
| | | 08/23/06 | Weyerhaeuser to Combine Fine Paper, Papergrade Pulp, Related Assets With Domtar; Creates Largest North American Fine Paper Company| FEDERAL WAY, Wash., Aug. 23 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced that it has reached a definitive agreement to
combine its Fine Paper business and related assets with Domtar Inc.
(TSE/NYSE: DTC). The transaction gives Weyerhaeuser shareholders 55 percent
ownership in the new company and includes a $1.35 billion cash payment to
Weyerhaeuser. The cash payment, plus the stock valued at the closing price of
Domtar stock on Aug. 22, 2006, results in a tr... |
| | | 08/08/06 | Weyerhaeuser to Delist From Pacific Stock Exchange, Retains NYSE and CHX Listings| FEDERAL WAY, Wash., Aug. 8 /PRNewswire/ -- Weyerhaeuser Company today
announced plans to withdraw its common stock from listing on the Pacific Stock
Exchange, Inc., now known as NYSE Arca, Inc.
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Weyerhaeuser common stock will continue to trade on the New York Stock
Exchange, the principal listing exchange, and on the Chicago Stock Exchange.
Weye... |
| | | 07/25/06 | Q2 2006 Earnings News Release| FEDERAL WAY, Wash., July 25 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today reported second quarter net earnings of $314 million, or
$1.26 per diluted share, on net sales of $5.7 billion. This compares with $420
million, or $1.71 per diluted share, on net sales of $5.7 billion for the
second quarter 2005.
Second quarter 2006 earnings include the following after-tax items:
A charge of $12 million, or 5 cents per diluted share, related to the
restructu... |
| | | 07/05/06 | Weyerhaeuser to Release Second Quarter Earnings on July 25| FEDERAL WAY, Wash., July 5 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) will release second quarter 2006 results on July 25 before the
market opens. The company will hold a live conference call at 7 a.m. Pacific
(10 a.m. Eastern) on July 25 to discuss second quarter results.
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To access the conference call from within North America, dia... |
| | | 06/15/06 | Weyerhaeuser Increases Regular Third Quarter Dividend by 20 Percent to 60 Cents Per Share| FEDERAL WAY, Wash., June 15, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The board of
directors of Weyerhaeuser Company (NYSE: WY) today declared a dividend of 60
cents per share on the common stock of the corporation payable August 28, 2006
to shareholders of record at the close of business August 4, 2006. This is an
increase of 20 percent from the second quarter dividend of 50 cents per share.
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| | | 06/01/06 | Weyerhaeuser Signs Sale Agreement for U.S. Composite Panels Business| FEDERAL WAY, Wash., June 1 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY)
today announced that it has signed an agreement to sell its six U.S. composite
mills in the United States to Flakeboard Company Ltd.
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The sale, which is subject to regulatory and board approval, is expected
to close in the third quarter. Terms of the sale were not disclosed... |
| | | 05/23/06 | Weyerhaeuser to Present at Goldman Sachs Conference| FEDERAL WAY, Wash., May 23, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Richard J. Taggart,
executive vice president and chief financial officer, and Patricia M. Bedient,
senior vice president-finance and strategic planning, will represent
Weyerhaeuser Company at the Goldman Sachs Basic Materials conference on
May 25.
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Goldman Sachs will make the Weyerha... |
| | | 05/12/06 | Forest Learning Center Opens Doors May 15 for 2006 Season| MOUNT ST. HELENS, Wash., May 12 /PRNewswire/ -- Weyerhaeuser's Forest
Learning Center will open on Monday, May 15, to welcome the first of 250,000
people expected to visit the free, family-oriented educational Center this
season.
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Located just 12 miles from the crater of Mount St. Helens, the Center
offers spectacular views of the volcano and nea... |
| | | 05/03/06 | Weyerhaeuser to Hold Annual Analyst Meeting on May 12| FEDERAL WAY, Wash., May 3 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced it will hold its annual analyst meeting on May 12
in New York City at the Sofitel Hotel, 45 West 44th St.
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To register for the meeting, please go to:
www.register123.com/event/profile/form/index.cfm?PKformID=0x190970f23a. The
meeting will be webcast b... |
| | | 05/03/06 | Weyerhaeuser CEO Steven R. Rogel Agrees to Defer Retirement Until 2009| FEDERAL WAY, Wash., May 3 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced that Steven R. Rogel, chairman, president and chief
executive officer, has agreed to defer his retirement until 2009 at the
request of the board of directors. Rogel, 63, had intended to retire in 2007.
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In making the request, the board said that Roge... |
| | | 04/26/06 | Weyerhaeuser Reports First Quarter Earnings, Including Fine Paper Business Goodwill Impairment| FEDERAL WAY, Wash., April 26 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) today reported a net loss of $580 million for first quarter
2006, or $2.36 per diluted share, on net sales of $5.4 billion. This includes
an impairment of goodwill associated with the company's fine paper business.
Excluding the goodwill impairment of $746 million, the company earned $166
million, or 67 cents per diluted share. This compares with net earnings of
$239 million, or 98 cents per dilu... |
| | | 04/26/06 | Weyerhaeuser Considers Alternatives for Fine Paper Business| FEDERAL WAY, Wash., April 26 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) today announced that, as part of its strategic review, it
is considering alternatives for its fine paper business. The alternatives
range from continuing to hold and operate the assets to a possible sale or
other disposition.
The company said it is in active discussions with several parties, but there
is no assurance that these discussions will lead to an agreement or result in
a transaction.... |
| | | 04/20/06 | Weyerhaeuser Enters Into Final Negotiations to Sell Composite Panels Business| FEDERAL WAY, Wash., April 20 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) today announced it has entered into an agreement in
principle to sell its composite panels business to two companies and is
entering into final negotiations with these companies on the sale.
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Weyerhaeuser is negotiating with Flakeboard Company Ltd. for the sale o... |
| | | 04/20/06 | Weyerhaeuser Company Launches iLevel(TM) To Improve Residential Structural Framing Industry| FEDERAL WAY, Wash., April 20 /PRNewswire-FirstCall/ -- Today Weyerhaeuser
Company (NYSE: WY) announced the consolidation of five separate operating
units into a single, unified business -- iLevel(TM) by Weyerhaeuser
(www.ilevel.com). iLevel(TM) represents a new, innovative business model for
the residential structural frame industry, combining Weyerhaeuser's
high-quality products and services, leading distribution network and
innovative, proprietary design software. Established Weyer... |
| | | 04/20/06 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., April 20 /PRNewswire-FirstCall/ -- The Executive
Committee of the board of directors of Weyerhaeuser Company (NYSE: WY) on
April 19 declared a dividend of 50 cents per share on the common stock of the
corporation payable May 30, 2006, to shareholders of record at the close of
business May 5, 2006.
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Weyerhaeuser Company, one of th... |
| | | 04/10/06 | Weyerhaeuser to Release First Quarter Earnings on April 26| FEDERAL WAY, Wash., April 10 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) will release first quarter 2006 results on April 26 before
the market opens. The company will hold a live conference call at 7 a.m.
Pacific (10 a.m. Eastern) on April 26 to discuss first quarter results.
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| | | 02/28/06 | Weyerhaeuser Names Jeanne M. Hillman VP, Corporate Controller and Chief Accounting Officer| FEDERAL WAY, Wash., Feb 28, 2006 /PRNewswire via COMTEX News Network/ -- Weyerhaeuser Company
(NYSE: WY) today announced that Jeanne M. Hillman, 46, has been elected vice
president, corporate controller and chief accounting officer by the company's
board of directors.
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As part of a transition resulting from the planned retirement of Steven J.
Hillyard, Hillman assu... |
| | | 02/24/06 | Weyerhaeuser Names Kenneth F. Khoury SVP, General Counsel| FEDERAL WAY, Wash., Feb 24, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Weyerhaeuser Company
(NYSE: WY) today announced that the board of directors has elected Kenneth F.
Khoury, 54, senior vice president and general counsel effective April 3.
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Khoury will report to Steven R. Rogel, chairman, president and chief
executive officer, and will become a member... |
| | | 02/22/06 | George Weyerhaeuser, Jr. Seconded to World Business Council on Sustainable Development| FEDERAL WAY, Wash. and GENEVA, Feb. 22 /PRNewswire/ -- Weyerhaeuser
Company (NYSE: WY) and the World Business Council for Sustainable Development
(WBCSD) announced today that George H. Weyerhaeuser, Jr., 52, has been
seconded to the WBCSD in the role of Senior Fellow in the Office of the
President for a two year period.
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"The WBCSD is delighted to... |
| | | 02/16/06 | Weyerhaeuser Names Patricia M. Bedient Senior VP, Finance and Strategic Planning| FEDERAL WAY, Wash., Feb. 16 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced that Patricia M. Bedient, 52, has been named senior
vice president, Finance and Strategic Planning. Since 2003, Bedient has served
as vice president, Strategic Planning.
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In her new role, Bedient becomes a member of the company's senior
management... |
| | | 02/15/06 | Weyerhaeuser Launches North American Coastal Shipping Service between Canada and Southern California| FEDERAL WAY, Wash., Feb. 15 /PRNewswire-FirstCall/ -- A new addition to
its shipping fleet will make business easier for Weyerhaeuser and other
companies who export products between Canada and the United States. By
offering a new and competitive way to transport cargo by sea, Weyerhaeuser is
providing an alternative to costly and often unreliable ground transportation.
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| | | 02/13/06 | Weyerhaeuser Real Estate Company Completes Acquisition of Phoenix Based Maracay Homes| FEDERAL WAY, Wash., Feb. 13 /PRNewswire-FirstCall/ -- Weyerhaeuser Real
Estate Company (WRECO), a subsidiary of Weyerhaeuser Company, today announced
that it has completed the acquisition of Maracay Homes LLC, a privately held
homebuilder located in Phoenix, Arizona.
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Price and terms of the transaction were not disclosed.
WRECO said the acquis... |
| | | 02/12/06 | Nelson Forests Joint Venture to Sell New Zealand Assets| NELSON, New Zealand, Feb. 12 /PRNewswire-FirstCall/ -- The Nelson Forests
Joint Venture today announced its intent to sell its New Zealand assets.
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The assets are jointly owned by Nelson Forest Products Company, a
subsidiary of Weyerhaeuser Company, and RII New Zealand Forests I, Inc., a
timber investment fund advised by Global Forest Partners LP. Th... |
| | | 02/03/06 | Weyerhaeuser Reports Net Earnings of $733 Million for 2005, Or $2.98 Per Diluted Share, on Net Sales of $22.6 Billion| FEDERAL WAY, Wash., Feb 03, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Weyerhaeuser Company
(NYSE: WY) today reported net earnings of $733 million for 2005, or $2.98 per
diluted share, on net sales of $22.6 billion. This compares with net earnings
of $1.3 billion, or $5.43 per diluted share, on net sales of $21.9 billion for
the full year 2004.
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For the fo... |
| | | 01/31/06 | Weyerhaeuser Real Estate Company to Acquire Maracay Homes| FEDERAL WAY, Wash., Jan. 31 /PRNewswire-FirstCall/ -- Weyerhaeuser Real
Estate Company (WRECO), a subsidiary of Weyerhaeuser Company (NYSE: WY), has
entered into a definitive agreement to acquire Maracay Homes LLC, a
privately-held homebuilder located in Phoenix, Arizona.
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"The transaction we're announcing today is part of WRECO's planned growth
s... |
| | | 01/12/06 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Jan. 12 /PRNewswire-FirstCall/ -- The Executive
Committee of the board of directors of Weyerhaeuser Company (NYSE: WY) on Jan.
12, 2006, declared a dividend of 50 cents per share on the common stock of the
corporation payable Feb. 27, 2006, to shareholders of record at the close of
business Feb. 3, 2006.
Weyerhaeuser Company (NYSE: WY), one of the world's largest integrated
forest products companies, was incorporated in 1900. In 2004, sales were
$22.7 billio... |
| | | 01/03/06 | Weyerhaeuser to Release Fourth Quarter Earnings on Feb. 3| FEDERAL WAY, Wash., Jan. 3 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) will release results for fourth quarter 2005 on Feb. 3 before the
market opens. The company will hold a live conference call at 7 a.m. Pacific
(10 a.m. Eastern) on Feb. 3 to discuss the fourth quarter results.
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To access the conference call, listeners calling from within North America
should dial 1-888-221-5699 at least 15 minutes prior to the start of the
conference call. Those wishing... |
| | | 12/15/05 | Weyerhaeuser Company Announces Results of Debt Tender Offer| FEDERAL WAY, Wash., Dec. 15 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) announced the expiration, as of 12:00 midnight, New York City time
on Dec. 14, 2005, of its Maximum Tender Offers. The terms and conditions of
the Maximum Tender Offers are described in the Offer to Purchase dated
November 16, 2005.
As previously announced, the Maximum Principal Amount to be Accepted by
Weyerhaeuser pursuant to the Maximum Tender Offers is $222,250,000. Because
the principal am... |
| | | 10/21/05 | Weyerhaeuser Reports Third Quarter Net Earnings of $285 Million, or $1.16 per Diluted Share, on Net Sales of $5.6 Billion| FEDERAL WAY, Wash., Oct 21, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Weyerhaeuser Company
(NYSE: WY) today reported third quarter net earnings of $285 million, or $1.16
per diluted share, on net sales of $5.6 billion. This compares with $594
million, or $2.45 per diluted share, on net sales of $5.7 billion for the
third quarter of 2004.
Third quarter 2005 earnings include the following after-tax items:
* A gain of $75 million, or 31 cents per diluted share, fo... |
| | | 10/21/05 | Weyerhaeuser Announces Mill Closures in Southwest Washington State| FEDERAL WAY, Wash., Oct. 21 /PRNewswire-FirstCall/ -- In connection with
its ongoing strategic review, Weyerhaeuser Company (NYSE: WY) today announced
that it is closing two operations in southwestern Washington: a specialty
pulp mill in Cosmopolis and a large-log sawmill in Aberdeen. These closures
are the result of poor markets, aging machinery, high operating costs and
small-scale operations.
"Today's announcement is part of the ongoing effort to strengthen
Weyerhaeuser's o... |
| | | 10/21/05 | Weyerhaeuser Company Announces Stock Repurchase Program| FEDERAL WAY, Wash., Oct. 21 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced that its board of directors has authorized the
repurchase of up to 18 million shares, or 7.4 percent, of its outstanding
common stock. As of Oct. 20, Weyerhaeuser had approximately 243 million shares
of common stock outstanding.
"Weyerhaeuser is committed to creating value for our shareholders," said
Steven R. Rogel, chairman, president and chief executive officer. "We are
pleas... |
| | | 10/20/05 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Oct. 20 /PRNewswire-FirstCall/ -- The board of
directors of Weyerhaeuser Company (NYSE: WY) on October 20, 2005, declared a
dividend of $0.50 per share on the common stock of the corporation payable
December 5, 2005, to shareholders of record at the close of business November
11, 2005.
Weyerhaeuser Company (NYSE: WY), one of the world's largest integrated
forest products companies, was incorporated in 1900. In 2004, sales were $22.7
billion. It has offices or... |
| | | 09/30/05 | Weyerhaeuser to Release Third Quarter Earnings on Oct. 21| FEDERAL WAY, Wash., Sept. 30 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) will release results for third quarter 2005 on Oct. 21
before the market opens. The company will hold a live conference call at 7
a.m. Pacific (10 a.m. Eastern) on Oct. 21 to discuss the third quarter
results.
To access the conference call, listeners calling from within North America
should dial 1-888-221-5699 at least 15 minutes prior to the start of the
conference call. Those wishing to acces... |
| | | 09/13/05 | Weyerhaeuser Chief Operating Officer and Chief Financial Officer to Speak at UBS Conference on Sept. 15| FEDERAL WAY, Wash., Sept. 13 /PRNewswire-FirstCall/ -- Richard E. Hanson,
executive vice president and chief operating officer, and Richard J. Taggart,
executive vice president and chief financial officer, will represent
Weyerhaeuser Company (NYSE: WY) at the UBS Global Paper and Forest Products
Conference in New York City on Sept. 15.
Hanson and Taggart are scheduled to speak at 8:45 a.m. EDT.
The presentation may be accessed through Weyerhaeuser's Internet site at
www.weye... |
| | | 08/24/05 | Weyerhaeuser to Redeem $840 Million in Notes| FEDERAL WAY, Wash., Aug. 24 /PRNewswire-FirstCall/ -- Weyerhaeuser
announced today that it intends to redeem on Sept. 23, 2005, all of its
6.00 percent Notes due 2006. As of today, $840 million of such Notes are
outstanding. Such redemption will result in an after-tax charge of
approximately 6 cents per share in the third quarter of 2005.
Weyerhaeuser Company (NYSE: WY), one of the world's largest integrated
forest products companies, was incorporated in 1900. In 2004, sales were
... |
| | | 07/21/05 | Weyerhaeuser Reports Second Quarter Net Earnings of $420 Million, or $1.71 Per Diluted Share, on Net Sales of $5.8 Billion| FEDERAL WAY, Wash., July 21, 2005 /PRNewswire-FirstCall via COMTEX/ -- Weyerhaeuser Company
(NYSE: WY) today reported second quarter net earnings of $420 million, or
$1.71 per diluted share, on net sales of $5.8 billion. This compares with
$369 million, or $1.57 per diluted share, on net sales of $5.7 billion for the
second quarter of 2004.
Second quarter 2005 earnings include the following after-tax items:
-- A gain of $110 million, or 45 cents per diluted share, related t... |
| | | 07/14/05 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., July 14 /PRNewswire-FirstCall/ -- The board of
directors of Weyerhaeuser Company (NYSE: WY) on July 14, 2005, declared a
dividend of $0.50 per share on the common stock of the corporation payable
August 29, 2005, to shareholders of record at the close of business August 5,
2005.
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Weyerhaeuser Company, one of the world's largest integrated... |
| | | 07/07/05 | Weyerhaeuser to Release Second Quarter Earnings on July 21| FEDERAL WAY, Wash., July 7 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) will release results for second quarter 2005 on July 21 before the
market opens. The company will hold a live conference call at 7 a.m. Pacific
(10 a.m. Eastern) on July 21 to discuss the second quarter results.
To access the conference call, listeners calling from within North America
should dial 1-888-221-5699 at least 15 minutes prior to the start of the
conference call. Those wishing to access... |
| | | 05/17/05 | Weyerhaeuser to Webcast Analyst Conference| FEDERAL WAY, Wash., May 17, 2005 /PRNewswire-FirstCall via COMTEX/ -- Weyerhaeuser Company
(NYSE: WY) will webcast comments made at its analyst conference on May 20 in
New York.
The presentations from Steven R. Rogel, chairman, president and chief
executive officer, and other members of Weyerhaeuser's Senior Management Team,
will begin at 9 a.m. Eastern and last until approximately noon Eastern.
The webcast can be accessed through Weyerhaeuser's Internet site at
www.weyerhaeuser... |
| | | 04/21/05 | Weyerhaeuser Reports First Quarter Net Earnings of $239 Million; Board Increases Second Quarter Dividend to 50 Cents Per Share| FEDERAL WAY, Wash., April 21 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) today reported first quarter 2005 net earnings of
$239 million, or 98 cents per diluted share, on net sales of $5.5 billion.
This compares with $121 million, or 54 cents per diluted share, on net sales
of $5.0 billion for the first quarter of 2004.
First quarter 2005 earnings include the following after-tax items:
A charge of $8 million, or 3 cents per diluted share, associated wi... |
| | | 04/21/05 | Weyerhaeuser Increases 2nd Quarter Dividend to 50 Cents Per Share; Increase Reflects Board's Confidence in Improved Earning Capabilities| FEDERAL WAY, Wash., April 21 /PRNewswire-FirstCall/ -- The executive
committee of the board of directors of the Weyerhaeuser Company (NYSE: WY)
today declared a dividend of 50 cents per share on the common stock of the
corporation payable May 31, 2005 to shareholders of record at the close of
business May 6, 2005.
This is an increase of 25 percent from the first quarter dividend of
40 cents per share.
"This action reflects the board's confidence in the company's financial
str... |
| | | 04/07/05 | Weyerhaeuser to Release First Quarter Earnings on April 21| FEDERAL WAY, Wash., April 7, 2005 /PRNewswire via COMTEX/ -- Weyerhaeuser Company
(NYSE: WY) will release results for first quarter 2005 on April 21 before the
market opens.
The company will hold a live conference call at 7 a.m. Pacific (10 a.m.
Eastern) on April 21 to discuss the first quarter results.
To access the conference call, listeners calling from within North America
should dial 1-888-221-5699 at least 15 minutes prior to the start of the
conference call. Those wishin... |
| | | 01/21/05 | Weyerhaeuser Reports Net Earnings of $1.3 Billion for 2004, or $5.43 per Diluted Share, on Net Sales of $22.7 Billion| FEDERAL WAY, Wash., Jan. 21 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today reported net earnings of $1.3 billion for 2004, or $5.43 per
diluted share, on net sales of $22.7 billion. This compares with $277 million,
or $1.25 per diluted share, on net sales of $19.9 billion for the full year
2003.
Fourth quarter 2004 earnings were $199 million, or 82 cents per diluted
share, on net sales of $5.9 billion. Last year, Weyerhaeuser reported fourth
quarter net earnings of ... |
| | | 01/13/05 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Jan. 13 /PRNewswire-FirstCall/ -- The executive
committee of the board of directors of the Weyerhaeuser Company (NYSE: WY) on
Jan. 13, 2005, declared a dividend of 40 cents per share on the common stock
of the corporation payable Feb. 28, 2005 to shareholders of record at the
close of business Feb. 4, 2005.
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2003, sales were $19.9
billion. It has o... |
| | | 01/05/05 | Weyerhaeuser to Release Fourth Quarter Earnings on Jan. 21| FEDERAL WAY, Wash., Jan. 5 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) will release results for fourth quarter 2004 on Jan. 21 before the
market opens.
The company will hold a live conference call at 7 a.m. Pacific (10 a.m.
Eastern) on Jan. 21 to discuss the first quarter results.
To access the conference call, listeners calling from within North America
should dial 1-888-221-5699 at least 15 minutes prior to the start of the
conference call. Those wishing to ... |
| | | 11/05/04 | Weyerhaeuser Company Announces Early Tender Date Results of Debt Tender Offer| FEDERAL WAY, Wash., Nov. 5 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY)
announced today the results of its previously announced tender offer for 4
different securities, for holders who have tendered and not withdrawn their
notes by 5 p.m., New York City time, on the Early Tender Date of Nov. 4, 2004.
The offers commenced on Oct. 22, 2004.
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2003, sales were
$19.9 b... |
| | | 10/29/04 | Weyerhaeuser Acquires Sawmill in Brazil in New Joint Venture| FEDERAL WAY, Wash., Oct 29, 2004 (PRNewswire-FirstCall via COMTEX) -- Weyerhaeuser Company today announced that it has acquired a two-thirds ownership in Aracruz Produtos de Madeira S.A., a subsidiary of Aracruz Cellulose S.A. Terms were not disclosed.
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APM operates a hardwood sawmill in the Bahia region of Brazil. The joint venture will produce Lyptus(R) lumber to be us... |
| | | 10/22/04 | Weyerhaeuser Continues Focus on Debt Repayment; Initiates Partial Tender Offers for Up to $700 million of Its Notes| FEDERAL WAY, Wash., Oct 22, 2004 /PRNewswire-FirstCall via COMTEX/ -- Weyerhaeuser Company
(NYSE: WY) announced today the commencement of four partial tender offers for
up to $700 million in aggregate principal amount across the four securities as
listed below. The total principal amount outstanding of the securities
included in the offers is approximately $2.9 billion. The Company will
conduct the offers in accordance with terms and conditions described in its
Offer to Purchase dated Oc... |
| | | 10/22/04 | Weyerhaeuser Reports Third Quarter Net Earnings of $594 Million, or $2.45 Per Diluted Share, on Net Sales of $5.8 Billion| FEDERAL WAY, Wash., Oct 22, 2004 /PRNewswire-FirstCall via COMTEX/ -- Weyerhaeuser Company
(NYSE: WY) today reported third quarter net earnings of $594 million, or
$2.45 per diluted share, on net sales of $5.8 billion. This compares with
$82 million, or 37 cents per diluted share, on net sales of $5.2 billion for
the third quarter of 2003.
Third quarter 2004 earnings include the following after-tax items:
-- A gain of $179 million, or 74 cents per diluted share, from a ... |
| | | 10/07/04 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Oct. 7 /PRNewswire-FirstCall/ -- The board of
directors of Weyerhaeuser Company (NYSE: WY) on Oct. 7, 2004, declared a
dividend of $0.40 per share on the common stock of the corporation payable
Nov. 29, 2004, to shareholders of record at the close of business Oct. 29,
2004.
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2003, sales were
$19.9 billion. It has offices or operations in 18 countri... |
| | | 10/07/04 | Williamson, Steuert Elected to Weyerhaeuser Board of Directors| FEDERAL WAY, Wash., Oct. 7 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today announced that Charles R. Williamson, 56, and D. Michael
Steuert, 56, have been appointed to the company's board of directors. The
board has not yet determined committee assignments for the new directors.
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Williamson is the chairman and chief executive officer of Unocal
Corporation and a member of the management committee. S... |
| | | 10/06/04 | Weyerhaeuser to Release Third Quarter Earnings on Oct. 22| FEDERAL WAY, Wash., Oct. 6 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) will release results for third quarter 2004 on Oct. 22 before the
market opens.
The company will hold a live conference call at 7 a.m. Pacific
(10 a.m. Eastern) on Oct. 22 to discuss the second quarter results.
To access the conference call, listeners calling from within North America
should dial 888-221-5699 at least 15 minutes prior to the start of the
conference call. Those wishing to ac... |
| | | 07/23/04 | Weyerhaeuser Reports Record Second Quarter Net Earnings of $369 Million, or $1.57 Per Share, on Net Sales of $5.9 Billion| FEDERAL WAY, Wash., Jul 23, 2004 /PRNewswire-FirstCall via COMTEX/ -- Weyerhaeuser Company
(NYSE: WY) today reported record second quarter net earnings of $369 million,
or $1.57 per share, on net sales of $5.9 billion. This compares with $157
million, or 71 cents per share, on net sales of $4.9 billion for the second
quarter of 2003.
Second quarter 2004 earnings include the following after-tax items:
A charge of $14 million, or 6 cents per share, for early
e... |
| | | 07/09/04 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Jul 9, 2004 /PRNewswire-FirstCall via COMTEX/ -- The executive
committee of the board of directors of Weyerhaeuser Company (NYSE: WY) on
July 8, 2004, declared a dividend of $0.40 per share on the common stock of
the corporation payable August 30, 2004, to shareholders of record at the
close of business July 30, 2004.
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Weyerhaeuse... |
| | | 06/28/04 | Weyerhaeuser to Release Second Quarter Earnings on July 23| FEDERAL WAY, Wash., June 28 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) will release results for second quarter 2004 on July 23 before the
market opens.
The company will hold a live conference call at 7 a.m. Pacific
(10 a.m. Eastern) on July 23 to discuss the second quarter results.
To access the conference call, listeners calling from within North America
should dial 1-888-221-5699 at least 15 minutes prior to the start of the
conference call. Those wishing t... |
| | | 06/02/04 | Weyerhaeuser Publishes 2003 Sustainability Report| FEDERAL WAY, Wash., Jun 2, 2004 /PRNewswire via COMTEX/ -- What does the planting of
132 million trees, preserving endangered caribou and recovering six million
tons of paper have in common?
They are all examples of Weyerhaeuser Company's (NYSE: WY) commitment to
the environment and society highlighted in the "2003 Roadmap for
Sustainability," currently available at http://www.weyerhaeuser.com . A print
version will be available in late June.
In the report, readers learn about ... |
| | | 05/21/04 | Weyerhaeuser to Appeal Mixed Verdict in Alder Antitrust Lawsuit; Will Take an After-Tax Charge of 4 Cents a Share in Second Quarter| FEDERAL WAY, Wash., May 21 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) said it would appeal a portion of a verdict rendered yesterday in
favor of Washington Alder by a jury in U.S. District Court in Portland, Ore.
As part of the same verdict, however, the jury unanimously found in favor of
Weyerhaeuser when it determined that the plaintiff failed to prove a case that
there was monopolization of an alder saw log market or damages after December
2001.
The jury was instru... |
| | | 05/20/04 | Weyerhaeuser to Redeem $700 Million in Notes| FEDERAL WAY, Wash., May 20, 2004 /PRNewswire-FirstCall via COMTEX/ -- Weyerhaeuser
announced today that it intends to redeem on June 25, 2004, $700 million of
its 5.5 percent Notes due 2005. Such redemption will result in an after-tax
charge of approximately $0.06 per share in the second quarter of 2004.
Weyerhaeuser Company (WYSE: WY), one of the world's largest integrated
forest products companies, was incorporated in 1900. In 2003, sales were
$19.9 billion. It has offices or opera... |
| | | 05/05/04 | Weyerhaeuser Completes Sale of 16,675,000 Common Shares| FEDERAL WAY, Wash., May 5 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today completed the sale of 16,675,000 common shares. The sale
included the 14,500,000 common shares Weyerhaeuser had previously announced it
would sell, plus an additional 2,175,000 common shares issued in connection
with the exercise of the underwriters' option to purchase shares to cover
over-allotments.
Weyerhaeuser received net proceeds of approximately $953.7 million from
the sale of the com... |
| | | 04/29/04 | Weyerhaeuser Prices Common Stock Offering at $59 Per Share| FEDERAL WAY, Wash., Apr 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- Weyerhaeuser
Company (NYSE: WY) today priced its previously announced public offering of
14.5 million common shares at $59 per share. All of the shares are being sold
by Weyerhaeuser. Weyerhaeuser expects to use the net proceeds from the
offering to retire a portion of its outstanding debt during the twelve month
period following the closing of the offering.
Underwriters for the offering include Morgan Stanley & ... |
| | | 04/26/04 | Weyerhaeuser Company Announces Common Stock Offering| FEDERAL WAY, Wash., April 26 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) today announced that it plans to offer 14.5 million of its
common shares in a public offering. Weyerhaeuser expects to use the net
proceeds from the offering to retire a portion of its outstanding debt during
the 12-month period following the closing of the offering.
Morgan Stanley & Co. Incorporated and J.P. Morgan Securities Inc. will
serve as joint book-running managers of the offering. Copi... |
| | | 04/23/04 | Weyerhaeuser Reports First Quarter Net Earnings of $121 Million, Or 54 Cents Per Share, on Net Sales of $5 Billion| Please Click HERE to view a printable PDF version of the release
FEDERAL WAY, Wash., April 23 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE: WY) today reported first quarter 2004 net earnings of
$121 million, or 54 cents per share, on net sales of $5 billion. This
compares with a loss of $54 million, or 24 cents per share, on net sales of
$4.6 billion for the first quarter of 2003.
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| | | 04/13/04 | Weyerhaeuser Company Limited Declares Dividend| FEDERAL WAY, Wash., April 13, 2004 -- The board of directors of Weyerhaeuser Company Limited on April 13, 2004, declared a dividend of $0.40 per share on the exchangeable shares of the corporation payable June 1, 2004, to shareholders of record at the close of business April 30, 2004. The dividend shall be paid in the Canadian dollar equivalent at the noon spot exchange rate on April 13, 2004, of 1.3359. The Canadian dollar equivalent amount is CDN$0.53.
Weyerhaeuser Company (NYSE: WY), one o... |
| | | 04/13/04 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., April 13 /PRNewswire-FirstCall/ -- The board of
directors of Weyerhaeuser Company (NYSE: WY) on April 13, 2004, declared a
dividend of $0.40 per share on the common stock of the corporation payable
June 1, 2004, to shareholders of record at the close of business April 30,
2004.
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2003, sales were
$19.9 billion. It has offices or operations in 18 c... |
| | | 04/13/04 | Weyerhaeuser Chairman Reinforces Focus on Environment, Ethics; Tells Shareholders Company Is Preparing for Future Growth| FEDERAL WAY, Wash., April 13 /PRNewswire/ -- Weyerhaeuser Company
(NYSE: WY) will maintain its focus on environmental stewardship and
operating ethically as it prepares to take the next steps in its growth
according to comments made by Steven R. Rogel, chairman, president and chief
executive officer, at today's annual meeting of shareholders.
Rogel told shareholders that Weyerhaeuser still faces many challenges, but
it is on a "journey where opportunities abound" which the company wi... |
| | | 03/30/04 | Weyerhaeuser to Release First Quarter Earnings on April 23|
FEDERAL WAY, Wash., March 30, 2004 -- Weyerhaeuser Company will release results for first quarter 2004 on April 23 before the market opens.
The company will hold a live conference call at 7 a.m. Pacific (10 a.m.Eastern) on April 23 to discuss the first quarter results.
To access the conference call, listeners calling from within North America should dial 1-888-221-5699 at least 15 minutes prior to the start of the conference call. Those wishing to access the call from ou... |
| | | 01/23/04 | Weyerhaeuser Reports Fourth Quarter Net Earnings of $92 Million; Annual Net Earnings Increase 15 Percent to $277 Million| FEDERAL WAY, Wash., Jan. 23 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) today reported fourth quarter net earnings of $92 million, or
41 cents per share, on net sales of $5.1 billion. This compares with
$126 million, or 57 cents per share, on net sales of $4.7 billion for the
fourth quarter of 2002.
Fourth quarter 2003 earnings include the following after-tax items:
A charge of $29 million, or 14 cents per share, for closure of
facilities.
A ... |
| | | 01/13/04 | Weyerhaeuser to Release Fourth Quarter Earnings on Jan. 23| FEDERAL WAY, Wash., Jan. 13 /PRNewswire-FirstCall/ -- Weyerhaeuser Company
(NYSE: WY) will release results for fourth quarter 2003 on Jan. 23 before the
market opens.
The company will hold a live conference call at 7 a.m. PST (10 a.m. EST)
on Jan. 23 to discuss the fourth quarter results.
To access the conference call, listeners calling from within North America
should dial 1-888-221-5699 at least 15 minutes prior to the start of the
conference call. Those wishing to access t... |
| | | 01/08/04 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, WAsh., Jan 8, 2004 (BUSINESS WIRE) -- The executive
committee of the board of directors of Weyerhaeuser Company (NYSE:WY)
on January 8, 2004, declared a dividend of $0.40 per share on the
common stock of the corporation payable March 1, 2004, to shareholders
of record at the close of business January 30, 2004.
SOURCE: Weyerhaeuser Company
CONTACT: Weyerhaeuser Company
Claire S. Grace, 253-924-5273
... |
| | | 01/05/04 | Weyerhaeuser Announces 2004 Earnings Dates; Will Host Annual Analyst Meeting in New York on May 20| FEDERAL WAY, Wash., Jan 05, 2004 /PRNewswire-FirstCall via Comtex/ -- Weyerhaeuser Company
(NYSE: WY) today announced that it will issue quarterly earnings reports
before the market opens on the following dates:
Jan. 23 - 2004 fourth quarter and year-end results
April 23 - 2004 first quarter results
July 23 - 2004 second quarter results
Oct. 22 - 2004 third quarter results
The company will hold a live conference call and webcast at 7 a.m. Pa... |
| | | 11/12/03 | Weyerhaeuser to Close Longview, Wash., Fine Paper Operations; Will Take 8 Cents Per Share Charge in Fourth Quarter| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Nov. 12, 2003--Weyerhaeuser
Company (NYSE:WY) today announced it will permanently close its No. 1
Fine Paper machine and related operations in Longview, Wash.,
effective Nov. 26. The company will take a $17 million after-tax
charge, or 8 cents per share, in the fourth quarter for costs
associated with the closure.
Approximately 119 positions will be eliminated because of the
shutdown. The paper machine, which has a capacity of 90,000
tons-per-ye... |
| | | 11/04/03 | Weyerhaeuser Announces Closure of Sawmill at Grande Cache, Alberta; Will Take 4 Cents per Share After-Tax Charge in Fourth Quarter| GRANDE CACHE, Alberta--(BUSINESS WIRE)--Nov. 4, 2003--Weyerhaeuser
Company (NYSE:WY) announced today that it will close its lumber mill
at Grande Cache, Alberta on Feb. 8. The closure will result in a
fourth quarter after-tax charge of US$8 million, or 4 cents per share.
Approximately 156 hourly and salaried jobs are affected by the
closure.
Fred Rowson, Weyerhaeuser's vice president, Alberta, said the
decision is part of the company's overall strategy to make its
softwood lu... |
| | | 10/24/03 | Weyerhaeuser Reports Third Quarter Net Earnings of $82 Million; Reduces Debt by $360 Million During Quarter| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 24, 2003--Weyerhaeuser
Company (NYSE:WY) today reported third quarter net earnings of $82
million, or 37 cents per share, on net sales of $5.2 billion. This
compares with $13 million, or 6 cents per share, on net sales of $4.9
billion for the third quarter of 2002.
Third quarter 2003 earnings include the following after-tax items:
A charge of $32 million, or 14 cents per share, for closure of
facilities;
A charge o... |
| | | 10/08/03 | Weyerhaeuser Company Limited Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 8, 2003--The board of
directors of Weyerhaeuser Company Limited (TSX:WYL) on October 8,
2003, declared a dividend of U.S.$0.40 per share on the exchangeable
shares of the corporation payable December 1, 2003, to shareholders of
record at the close of business October 31, 2003.
The dividend shall be paid in the Canadian dollar equivalent at
the noon spot exchange rate on October 8, 2003, of 1.3336 the Canadian
dollar equivalent amount is CDN$... |
| | | 10/08/03 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 8, 2003--The Board of
Directors of Weyerhaeuser Company (NYSE:WY) on October 8, 2003,
Declared a Dividend of $0.40 Per Share on the Common Stock of the
Corporation Payable December 1, 2003, to Shareholders of Record at the
Close of Business October 31, 2003.
CONTACT: Weyerhaeuser Company
Claire S. Grace, 253-924-5273
SOURCE: Weyerhaeuser Company
... |
| | | 10/01/03 | Weyerhaeuser to Release Third Quarter Earnings on Oct. 24| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 1, 2003--Weyerhaeuser
Company (NYSE:WY) will release results for third quarter 2003 on Oct.
24 before the market opens.
The company will hold a live conference call at 7 a.m. PDT (10
a.m. EDT) on Oct. 24 to discuss the third quarter results.
To access the conference call, listeners calling from within North
America should dial 800-446-4472 at least 15 minutes prior to the
start of the conference call. Those wishing to access the call f... |
| | | 09/23/03 | Weyerhaeuser Settles Containerboard Antitrust Cases, Will Take 7 Cents Per Share Charge in Third Quarter| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Sept. 23, 2003--Weyerhaeuser
Company (NYSE:WY) today announced that it is one of three companies
that has entered into an agreement to settle two containerboard
class-action lawsuits.
Under terms of the agreement International Paper (NYSE:IP),
Georgia-Pacific Corp. (NYSE:GP) and Weyerhaeuser will pay a total of
$68 million to settle the class action cases. The U.S. District Court,
Eastern District of Pennsylvania, has been asked to give prelimina... |
| | | 07/25/03 | Weyerhaeuser Reports Second Quarter Net Earnings of $157 Million| Achieves Synergy Goal from Willamette Acquisition
FEDERAL WAY, Wash.--(BUSINESS WIRE)--July 25, 2003--Weyerhaeuser
Company (NYSE: WY) today reported second quarter net earnings of $157
million, or 71 cents per share, on net sales of $4.9 billion. This
compares with $72 million, or 32 cents per share, on net sales of $4.9
billion for the second quarter of 2002.
Second quarter 2003 earnings include the following after-tax
items:
A charge of $19 million, or 8 cents per share, for clo... |
| | | 07/08/03 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--July 8, 2003--The Executive
Committee of the Board of Directors of Weyerhaeuser Company (NYSE:WY)
on July 8, 2003, declared a dividend of $0.40 per share on the common
stock of the corporation payable September 2, 2003, to shareholders of
record at the close of business August 1, 2003.
CONTACT: Weyerhaeuser Company
Claire S. Grace, 253/924-5273
SOURCE: Weyerhaeuser Company
... |
| | | 06/26/03 | Weyerhaeuser to Release Second Quarter Earnings on July 25| FEDERAL WAY, Wash.--(BUSINESS WIRE)--June 26, 2003--Weyerhaeuser
Company (NYSE:WY) will release results for second quarter 2003 on July
25 before the market opens.
The company will hold a live conference call at 7 a.m. PDT (10
a.m. EDT) on July 25 to discuss the second quarter results.
To access the conference call, listeners calling from within North
America should dial 1-877-888-3490 at least 15 minutes prior to the
start of the conference call. Those wishing to access the c... |
| | | 05/19/03 | Weyerhaeuser to Host Analyst Meeting May 20 in New York| FEDERAL WAY, Wash, May 19, 2003 (BUSINESS WIRE) -- Weyerhaeuser
Company (NYSE:WY) will host an analyst meeting from 9 a.m. to noon on
May 20 in the Manhattan Ballroom of the Grand Hyatt, Park Ave. at
Grand Central Station.
Those interested in attending should register in person before
8:45 a.m.
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2002, sales were
$18.5 billion. It has offices or operations in 18 count... |
| | | 04/28/03 | Replay of Weyerhaeuser Earnings Call Available until May 4| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 28, 2003--Replays of
the Weyerhaeuser Company (NYSE:WY) first quarter earnings conference
call can be heard until May 4.
To access the replay, dial 866/518-1010 within North America and
416/252-1143 from outside North America.
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2002, sales were
$18.5 billion. It has offices or operations in 18 countries, with
customers worl... |
| | | 04/25/03 | Weyerhaeuser Reports First Quarter Loss of $54 Million, Or 24 Cents Per Share, On Net Sales of $4.6 Billion| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 25, 2003--Weyerhaeuser
Company (NYSE:WY) today reported a loss for the first quarter of $54
million, or 24 cents per share, which includes after-tax charges of
$11 million, or 5 cents per share, for the cumulative effect of a
required change in the accounting principle relating to asset
retirement obligations; $52 million, or 23 cents per share, for a
lawsuit involving Pacific Northwest alder logs; $19 million, or 8
cents per share, associated wi... |
| | | 04/24/03 | Weyerhaeuser to Host Analyst Meeting May 20 in New York| FEDERAL WAY, Wash., Apr 24, 2003 (BUSINESS WIRE) -- Weyerhaeuser
Company (NYSE:WY) will host an analyst meeting from 9 a.m. to noon on
May 20 in the Manhattan Ballroom of the Grand Hyatt, Park Ave. at
Grand Central Station.
Register online at http://ir.ccbn.com/ir.zhtml?t=wy&s=1000 and
click on "Register to Attend the New York Analyst Meeting."
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2002, sales were
$18.... |
| | | 04/21/03 | Weyerhaeuser To Contest Alder Lawsuit Decision; Has Taken a $52 Million Non-Cash, After-Tax Charge In First Quarter| FEDERAL WAY, Wash., Apr 21, 2003 (BUSINESS WIRE) -- Weyerhaeuser
Company (NYSE:WY) today said it believes that a number of issues
erroneously led a jury to rule against Weyerhaeuser in an antitrust
suit involving alder logs in the Pacific Northwest. The company is
vigorously contesting the verdict.
Weyerhaeuser has taken a non-cash, after-tax charge of $52
million, or 23 cents per share, against first quarter earnings to
cover the damages awarded by the jury. Weyerhaeuser will announc... |
| | | 04/15/03 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 15, 2003--The board of
directors of Weyerhaeuser Company (NYSE:WY) on April 15, 2003,
declared a dividend of $0.40 per share on the common stock of the
corporation payable June 2, 2003, to shareholders of record at the
close of business May 2, 2003.
CONTACT: Weyerhaeuser Company
Claire S. Grace, 253/924-5273
SOURCE: Weyerhaeuser Company
... |
| | | 04/15/03 | Weyerhaeuser Names Richard J. Taggart Chief Financial Officer| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 15, 2003--Weyerhaeuser
Company (NYSE:WY) today announced that Richard J. Taggart has been
elected executive vice president and chief financial officer (CFO) by
the board of directors effective immediately.
Taggart, 60, reports to Steven R. Rogel, chairman, president and
chief executive officer, and succeeds William C. Stivers, 65. Stivers,
who reaches the company's mandatory retirement age in June after 33
years with Weyerhaeuser, has serve... |
| | | 04/10/03 | ADVISORY/Weyerhaeuser Announces Annual Shareholder Meeting| (BUSINESS WIRE)--
WHAT: Weyerhaeuser Annual Shareholder Meeting
WHEN: 9 a.m., Tuesday, April 15, 2003
WHERE: Weyerhaeuser Company Headquarters
33663 Weyerhaeuser Way South
Federal Way, Wash.
WHO: Steven R. Rogel, chairman, president and chief executive
officer, will be available to reporters immediately after
the meeting.
NOTE: Camera use is prohibited during the shareholder meeting,
but ... |
| | | 04/04/03 | Weyerhaeuser to Release First Quarter Earnings on April 25| FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 4, 2003--Weyerhaeuser
Company (NYSE:WY) will release results for first quarter 2003 on April
25 before the market opens.
The company will hold a live conference call at 7 a.m. PDT (10
a.m. EDT) on April 25 to discuss the first quarter results.
To access the conference call, listeners calling from within North
America should dial 888/789-0089 at least 15 minutes prior to the
start of the conference call. Those wishing to access the cal... |
| | | 01/22/03 | Weyerhaeuser Reports Fourth Quarter Net Earnings of $126 Million, Or 57 Cents Per Share, On Net Sales of $4.7 Billion|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 22, 2003--Weyerhaeuser
Company (NYSE:WY) today reported net earnings for the fourth quarter
of $126 million, or 57 cents per share, which includes the net benefit
of unusual after-tax items of $38 million, or 16 cents per share.
This compares with a loss of $15 million, or 7 cents per share,
for the same period last year. Last year's fourth quarter net earnings
included unusual after-tax charges of $20 million, or 9 cents per
... |
| | | 01/08/03 | Weyerhaeuser Names Sandy D. McDade, Senior Vice President, Canada; Susan M. Mersereau, Vice President, Information Technology and CIO|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 8, 2003--Weyerhaeuser
Company (NYSE:WY) today announced that Sandy D. McDade would assume
the role of senior vice president, Canada, when C. William Gaynor
retires later this year.
The company also announced that Susan M. Mersereau would become
vice president, Information Technology and chief information officer
on Feb. 1, replacing Thomas A. Ped, who also plans to retire later
this year.
Both positions report di... |
| | | 01/07/03 | Weyerhaeuser Company Declares Dividend|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 7, 2003--The executive
committee of the board of directors of Weyerhaeuser Company (NYSE: WY)
on January 7, 2003, declared a dividend of $0.40 per share on the
common stock of the corporation payable March 3, 2003, to shareholders
of record at the close of business January 31, 2003.
CONTACT:
Weyerhaeuser Company
Claire S. Grace, 253/924-5273... |
| | | 01/02/03 | Weyerhaeuser to Release Fourth Quarter Earnings on Jan. 22|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 2, 2003--Weyerhaeuser
Company (NYSE:WY) will release results for fourth quarter 2002 on Jan.
22 before the market opens.
The company will hold a live conference call at 8 a.m. PST (11
a.m. EST) on Jan. 22 to discuss the fourth quarter results.
To access the conference call, listeners calling from within North
America should dial 888/789-0089 at least 15 minutes prior to the
start of the conference call. Those wish... |
| | | 12/11/02 | Weyerhaeuser Expects to Earn Approximately 50 Cents Per Share Including Unusual Items in Fourth Quarter|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Dec. 11, 2002--Weyerhaeuser
Company (NYSE:WY) today provided updated information on the projected
performance of its segments for the fourth quarter and said it expects
to report earnings for the quarter of approximately 50 cents per share
including unusual items.
As previously reported, these after-tax unusual items are expected
to include:
A one-time estimated gain of $97 million on the sale of
timberlands in we... |
| | | 11/20/02 | Weyerhaeuser Offers Solution to Bring Down Lumber Trade Wall Between U.S. and Canada|
NEW YORK--(BUSINESS WIRE)--Nov. 20, 2002--The leader of
Weyerhaeuser (NYSE:WY), the world's largest producer of softwood
lumber, said today that the current duties against Canadian lumber are
not working as intended and offered his own company's solution to the
decades-old dispute.
"As a company with operations on both sides of the border, we're
concerned that a wall is being built between the U.S. and Canada. And
it's being built of 2x4s, 2x6s and 2x8s," said Steven... |
| | | 10/22/02 | Weyerhaeuser Reports Third Quarter Net Earnings of $13 Million, Or 6 Cents Per Share, On Net Sales of $4.9 Billion| FEDERAL WAY, Wash., Oct 22, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today reported net earnings for the third quarter of $13 million, or 6
cents per share, that includes unusual after-tax items of $31 million, or 14
cents per share.
This compares with net earnings of $91 million, or 41 cents per share, for the
same period last year. Last year's net earnings included unusual after-tax items
of $9 million, or 4 cents per share, for the net effect of machine closure
costs, ... |
| | | 10/22/02 | Weyerhaeuser Announces Sale of 115,000 Acres of Timberland; Plans to Close Enumclaw and Snoqualmie Mills| FEDERAL WAY, Wash., Oct 22, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today announced it has agreed to sell approximately 115,000 acres of
timberlands in western Washington to Hancock Timber Resource Group, an
international timber investment and management organization based in Boston, for
approximately $211 million.
Weyerhaeuser will use net proceeds from the sale, expected to close in the
fourth quarter, to help pay down the debt associated with the acquisition of
Willam... |
| | | 10/09/02 | Weyerhaeuser Company Limited Declares Dividend| FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 9, 2002--The board of directors of Weyerhaeuser Company Limited (TSX:WYL) on October 9, 2002, declared a dividend of U.S.$0.40 per share on the exchangeable shares of the corporation payable December 2, 2002, to shareholders of record at the close of business November 1, 2002.
The dividend shall be paid in the Canadian dollar equivalent at the noon spot exchange rate on October 9, 2002, of 1.5931. The Canadian dollar equivalent amount is CDN$0.64.
... |
| | | 10/09/02 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Oct 9, 2002 (BUSINESS WIRE) -- The board of directors of
Weyerhaeuser Company (NYSE:WY) on October 9, 2002, declared a dividend of $0.40
per share on the common stock of the corporation payable December 2, 2002, to
shareholders of record at the close of business November 1, 2002.
CONTACT: Weyerhaeuser Company
Claire S. Grace, 253/924-5273
URL: http://www.businesswire.com
Copyright (C) 2002 Business Wire. All rights r... |
| | | 10/08/02 | Weyerhaeuser Completes Exchange Offers; 5.50 Percent Notes Due 2005; 6.125 Percent Notes Due 2007; 6.75 Percent Notes Due 2012; 7.375 Percent Debentures Due 2032| FEDERAL WAY, Wash., Oct 8, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today announced that it has accepted all of its unregistered 5.50
percent Notes due 2005, 6.125 percent Notes due 2007, 6.75 percent Notes due
2012 and 7.375 percent Debentures due 2032 that have been tendered by holders
pursuant to the company's exchange offers for these series of debt securities.
The company originally issued the tendered debt securities on March 12, 2002 in
private placements.
Pursu... |
| | | 10/02/02 | Weyerhaeuser Company Announces Extension of Exchange Offers| Weyerhaeuser Company Announces Extension of Exchange Offers for its 5.50 Percent Notes Due 2005, 6.125 Percent Notes Due 2007, 6.75 Percent Notes Due 2012 and 7.375 Percent Debentures Due 2032 to Oct. 7, 2002 FEDERAL WAY, Wash., Oct 2, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) announced today that it will extend its exchange offers for its
outstanding unregistered 5.50 percent Notes due 2005, 6.125 percent Notes due
2007, 6.75 percent Notes due 2012 and 7.375 percent Debentures... |
| | | 09/27/02 | Company Announces Extension of Exchange Offers for Its 5.50% Notes Due 2005, 6.125% Notes Due 2007, 6.75% Notes Due 2012 and 7.375% Debentures Due 2032 to October 1, 2002| FEDERAL WAY, Wash., Sep 27, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:
WY) announced today that it will extend its exchange offers for its outstanding
unregistered 5.50% Notes due 2005, 6.125% Notes due 2007, 6.75% Notes due 2012
and 7.375% Debentures due 2032 to allow the remaining holders of these
unregistered debt securities to participate in the exchange offers.
Weyerhaeuser Company is offering to exchange its 5.50% Notes due 2005, 6.125%
Notes due 2007, 6.75% Notes due 201... |
| | | 09/25/02 | Weyerhaeuser Announces Extension of Exchange Offers; Completion of Exchange Offer for Floating Rate Notes Due 2003| FEDERAL WAY, Wash., Sep 25, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today made two announcements regarding its exchange offers for five
series of its debt securities.
Weyerhaeuser Company is conducting a separate exchange offer for each of these
five series of debt securities.
Specifically, Weyerhaeuser Company is offering to exchange its Floating Rate
Notes due 2003, 5.50 percent Notes due 2005, 6.125 percent Notes due 2007, 6.75
percent Notes due 2012 and 7.375 perc... |
| | | 09/24/02 | Weyerhaeuser Expects Third Quarter Earnings To Be Between 5 and 10 Cents Per Share| FEDERAL WAY, Wash., Sep 24, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today said that it expects third quarter earnings to be between five
and 10 cents per share.
The company said it based its estimate on a likely loss in the Wood Products
business due to the decline in prices and the effects of the countervailing duty
on Canadian softwood lumber the company imports into the United States; the cost
of business disruptions at the Plymouth, N.C., paper facility; and costs
as... |
| | | 09/13/02 | Weyerhaeuser to Release Third Quarter Earnings on Oct. 22| FEDERAL WAY, Wash., Sep 13, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) will release results for third quarter 2002 on Oct. 22 before the
market opens.
The company will hold a live conference call at 8 a.m. PDT (11 a.m. EDT) on Oct.
22 to discuss the third quarter results.
To access the conference call, listeners calling from within North America
should dial 877/888-3855 at least 15 minutes prior to the start of the
conference call. Those wishing to access the call from o... |
| | | 08/12/02 | Weyerhaeuser Company Submits Financial Certification with SEC| FEDERAL WAY, Wash., Aug 12, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today sent its written Certification of Financial Statements to the
U.S. Securities and Exchange Commission (SEC).
Steven R. Rogel, chairman, president and chief executive officer, and William C.
Stivers, executive vice president and chief financial officer, executed the
certification.
The certification affirms the accuracy of Weyerhaeuser's Form 10-K report for
2001; Form 10-Q report for the first qu... |
| | | 07/23/02 | Weyerhaeuser Reports Second Quarter Net Earnings of $72 Million| FEDERAL WAY, Wash., Jul 23, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today reported second quarter net earnings of $72 million, or 32 cents
per share, on net sales of $4.9 billion.
This compares with $171 million, or 78 cents per share, on sales of $3.8 billion
for the second quarter of 2001.
Second quarter net earnings for 2002 include a charge of 8 cents per share for
costs associated with the closure, or impending closure, of four facilities; a
charge of 8 cents per... |
| | | 07/09/02 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Jul 9, 2002 (BUSINESS WIRE) -- The Executive Committee of
the Board of Directors of Weyerhaeuser Company (NYSE:WY) on July 9, 2002,
declared a dividend of $0.40 per share on the common stock of the corporation
payable September 3, 2002, to shareholders of record at the close of business
August 2, 2002.
CONTACT: Weyerhaeuser Company
Claire S. Grace, 253/924-5273
URL: http://www.businesswire.com
Copyright (C) 2002 Busi... |
| | | 07/01/02 | Weyerhaeuser to Release Second Quarter Earnings on July 23| FEDERAL WAY, Wash., Jul 1, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) will release results for second quarter 2002 on July 23 before the
market opens.
The company will hold a live conference call at 8:30 a.m. PDT (11:30 a.m. EDT)
on July 23 to discuss the second quarter results.
To access the conference call, listeners calling from within North America
should dial 877/888-3490 at least 15 minutes prior to the start of the
conference call. Those wishing to access the call... |
| | | 06/06/02 | Nicole W. Piasecki Elected to Weyerhaeuser Board of Directors| FEDERAL WAY, Wash., Jun 6, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today announced that Nicole W. Piasecki, 39, has been appointed to the
company's board of directors.
Piasecki currently serves as vice president, business strategy and marketing for
Boeing Commercial Airplanes.
Prior to joining Boeing in 1992, Piasecki had served as a business analyst for
special projects, reporting to the president, for Weyerhaeuser Japan Ltd. in
Tokyo. In that role, she developed and... |
| | | 05/08/02 | Weyerhaeuser Closes North Carolina Containerboard Machine| FEDERAL WAY, Wash., May 8, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today announced that it is permanently closing its medium
containerboard machine at Plymouth, North Carolina effective immediately.
The machine, idle since June due to market conditions, has the capacity to
produce 215,000 tons per year.
The closure affects 146 positions, 109 of which have already been eliminated
through attrition. The company plans to reassign most, if not all of the
remaining 37 impa... |
| | | 05/07/02 | Weyerhaeuser to Complete Willamette Acquisition on June 30| FEDERAL WAY, Wash., May 7, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today announced that it intends to complete the acquisition process of
Willamette Industries on June 30 with the merger of Willamette into
Weyerhaeuser.
Since acquiring control of Willamette on Feb. 11, Weyerhaeuser has operated
Willamette as a wholly-owned subsidiary. Following the merger, Willamette will
cease to be a separate legal entity.
The merger will align Weyerhaeuser's legal structure with or... |
| | | 05/06/02 | Weyerhaeuser Announces Completion of Exchange Offer for Debt Securities| FEDERAL WAY, Wash., May 6, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) announced today that it has accepted $750,000,000 aggregate principal
amount of its outstanding unregistered 5.95 percent notes due in 2008 which have
been tendered by holders pursuant to the company's exchange offer.
The tendered notes were originally issued by Weyerhaeuser on October 22, 2001,
in a private placement. Pursuant to the terms of the exchange offer,
Weyerhaeuser will issue $750,000,000 aggreg... |
| | | 05/02/02 | Weyerhaeuser Announces Extension of Offer to Exchange 5.95 Percent Notes Due in 2008 to May 6, 2002|
FEDERAL WAY, Wash., May 2, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) announced today that it will extend its exchange offer for its
outstanding, unregistered 5.95 percent notes due in 2008 to allow the remaining
holders of the notes to participate in the exchange offer.
Weyerhaeuser is offering to exchange its 5.95 percent notes due in 2008, which
have been registered under the Securities Act of 1933, for a like principal
amount of its outstanding unregistered 5.95 percen... |
| | | 04/24/02 | Weyerhaeuser Reports Net Earnings of 14 Cents Per Share After An Extraordinary Charge On $4 Billion in Net Sales for First Quarter|
FEDERAL WAY, Wash., Apr 24, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today reported first quarter net earnings of $30 million, or 14 cents
per share, that includes an after-tax extraordinary charge of $23 million, or 10
cents per share, for the deferred costs associated with the bridge financing of
the acquisition of Willamette Industries.
Earnings for the quarter also include nonrecurring after-tax charges of $17
million associated with the closure of three facilities a... |
| | | 04/23/02 | Weyerhaeuser to Host Analyst Meeting May 8 in New York|
FEDERAL WAY, Wash., Apr 23, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) will hold an analyst meeting from 9:30 a.m. to noon on May 8 in the Le
Grand Paris Ballroom on the second floor of The Sofitel, 45 W. 44th St. in New
York.
Those interested in attending should contact April Meier at
april.meier@weyerhaeuser.com by 5 p.m. PDT on May 3.
Weyerhaeuser Company, one of the world's largest integrated forest products
companies, was incorporated in 1900. In 2001, sales were ... |
| | | 04/16/02 | Weyerhaeuser Company Limited Announces Dividend Declaration|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 16, 2002--The board of
directors of Weyerhaeuser Company Limited (NYSE:WY)(TSE:WYL) on April
16, 2002, declared a dividend of U.S. $0.40 per share on the
exchangeable shares of the corporation payable June 3, 2002, to
shareholders of record at the close of business May 3, 2002.
The dividend shall be paid in the Canadian Dollar Equivalent at
the noon spot exchange rate on April 16, 2002, of 1.5798. The Canadian
dollar equivalent am... |
| | | 04/16/02 | Weyerhaeuser Company Declares Dividend|
FEDERAL WAY, Wash., Apr 16, 2002 (BUSINESS WIRE) -- The board of directors of
Weyerhaeuser Company (NYSE:WY) on April 16, 2002, declared a dividend of $0.40
per share on the common stock of the corporation payable June 3, 2002, to
shareholders of record at the close of business May 3, 2002.
CONTACT: Weyerhaeuser Company
Claire S. Grace, 253/924-5273
http://www.businesswire.com/cnn/wy.shtml
URL: http://www.businesswire.c... |
| | | 04/16/02 | Weyerhaeuser Names KPMG LLP Independent Public Accountant|
FEDERAL WAY, Wash. – The Weyerhaeuser Company (NYSE: WY; TSE: WYL) board of directors today appointed KPMG LLP to replace Arthur Andersen LLP as the company's independent public accountant effective immediately.
The decision was made following a process conducted by management and the Audit Committee of the board of directors to review proposals from a number of public accounting firms.
Weyerhaeuser said the decision to change auditors was not the result of any disagreement betwe... |
| | | 03/27/02 | Weyerhaeuser to Release First Quarter Earnings on April 24|
FEDERAL WAY, Wash., Mar 27, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) will release results for first quarter 2002 on April 24 before the
market opens.
The company will hold a live conference call at 8 a.m. PDT (11 a.m. EDT) on
April 24 to discuss the first quarter results.
To access the conference call, listeners calling from within North America
should dial 877/461-2814 at least 15 minutes prior to the start of the
conference call. Those wishing to access the call fr... |
| | | 03/15/02 | Weyerhaeuser Company Completes Acquisition of Willamette Industries| FEDERAL WAY, Wash., Mar 15, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today announced that it has completed its acquisition of Willamette
Industries (NYSE:WLL) following the filing of articles of merger with the
Secretary of State of the State of Oregon and the Secretary of State of the
State of Washington.
As of the close of business on March 14, Willamette Industries became a wholly
owned subsidiary of Weyerhaeuser and shares of Willamette common stock not held
by Weyerh... |
| | | 02/14/02 | Weyerhaeuser Announces Expiration Of Willamette Subsequent Offering Period|
FEDERAL WAY, Wash., Feb 14, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:
WY) today announced that the subsequent offering period in connection with the
tender offer by its wholly owned subsidiary, Company Holdings, Inc. ("CHI"), to
purchase all of the outstanding shares of common stock of Willamette Industries,
Inc. (NYSE: WLL) expired on Wednesday, February 13, 2002 at 12:00 midnight, New
York City time.
Weyerhaeuser's preliminary calculations indicate that during the subseque... |
| | | 02/13/02 | Weyerhaeuser Announces Senior Management Changes| FEDERAL WAY, Wash., Feb 13, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY):
-- Richard C. Gozon Announces March 31 Retirement;
-- Marvin D. Cooper, Michael R. Onustock, former Willamette
executives, join Weyerhaeuser;
-- Richard E. Hanson, James R. Keller Promoted
Weyerhaeuser Company (NYSE:WY), today announced changes to its Senior Management
Team resulting from the long-planned retirement of Richard C. Gozon and the
recent acquisition of Will... |
| | | 02/11/02 | Weyerhaeuser Announces Revised Expiration Time for Willamette Subsequent Offering Period|
FEDERAL WAY, Wash., Feb 11, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:
WY) today announced that the subsequent offering period in connection with the
tender offer by its wholly owned subsidiary, Company Holdings, Inc. ("CHI"), to
purchase all of the outstanding shares of common stock of Willamette Industries,
Inc. (NYSE: WLL) will expire on Wednesday, February 13, 2002 at 12:00 midnight,
New York City time.
The subsequent offering period is intended to permit Willamette shar... |
| | | 02/11/02 | Weyerhaeuser Announces Acceptance for Payment of Shares in Willamette Tender Offer; Subsequent Offering Period Commenced|
FEDERAL WAY, Wash., Feb 11, 2002 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:
WY) today announced that the initial offering period of the tender offer by its
wholly owned subsidiary, Company Holdings, Inc. ("CHI"), to purchase all of the
outstanding shares of common stock of Willamette Industries, Inc. (NYSE: WLL)
expired at 12:00 midnight, New York City time, on Friday, February 8, 2002.
Weyerhaeuser's preliminary calculations indicate that as of the expiration date,
Willamette sh... |
| | | 01/23/02 | Weyerhaeuser Reports Fourth Quarter Loss of $15 Million On Net Sales of $3.4 Billion|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 23, 2002--Weyerhaeuser
Company (NYSE:WY) today announced a fourth-quarter loss of $15
million, or a loss of 7 cents per share.
This compares with earnings of $194 million, or 88 cents per
share, for the same period last year.
The 2001 fourth quarter results include a previously announced
nonrecurring $20 million after-tax charge, or 9 cents per share,
associated with the closure of three wood products facilities.
... |
| | | 01/09/02 | Weyerhaeuser to Release Fourth Quarter Earnings on Jan. 23| FEDERAL WAY, Wash., Jan 9, 2001 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) will release its results for fourth quarter 2001 on Jan. 23 before the
market opens.
The company will hold a live conference call on Jan. 23 to discuss results of
the fourth quarter at 8 a.m. PST (11 a.m. EST).
To access the conference call, listeners calling from within North America
should dial 1-877-888-4210 at least 15 minutes prior to the start of the
conference call. Those wishing to access the c... |
| | | 01/08/02 | Weyerhaeuser Company Limited Declares Dividend| FEDERAL WAY, Wash., Jan 8. 2002 (BUSINESS WIRE) -- The board of directors of
Weyerhaeuser Company Limited on January 8, 2002, declared a dividend of
U.S.$0.40 per share on the exchangeable shares of the corporation payable March
4, 2002, to shareholders of record at the close of business February 1, 2002.
The dividend shall be paid in the Canadian dollar equivalent at the noon spot
exchange rate on January 8, 2002, of 1.5950. The Canadian dollar equivalent
amount is CDN$0.64.
CO... |
| | | 01/08/02 | Weyerhaeuser Company Declares Dividend| FEDERAL WAY, Wash., Jan 8, 2002 (BUSINESS WIRE) -- The executive committee of
the board of directors of Weyerhaeuser Company (NYSE:WY) on Jan. 8, 2002,
declared a dividend of $0.40 per share on the common stock of the corporation
payable March 4, 2002, to shareholders of record at the close of business Feb.
1, 2002.
CONTACT: Weyerhaeuser Company
Claire S. Grace, 253/924-5273
... |
| | | 12/20/01 | Weyerhaeuser Expects Near Break-Even Fourth Quarter Results| FEDERAL WAY, Wash. – Weyerhaeuser Company (NYSE: WY) today said it expects fourth quarter results to be near break-even.
The company adjusted its fourth quarter earnings outlook due to continued weakness in wood products prices, the imposition of a countervailing duty and anti-dumping penalty on Canadian wood products exported to the United States, and significant downtime in most product lines because of the continued weakness in the global economy.
The company will hold a live conference ca... |
| | | 10/23/01 | Weyerhaeuser Reports Third Quarter Earnings of $91 Million, Or 41 Cents Per Share, On Net Sales of $3.7 Billion|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 23, 2001--Weyerhaeuser
Company (NYSE:WY) today reported third-quarter net earnings of $91
million, or 41 cents per share, that include nonrecurring after-tax
items of $6 million.
This compares with net earnings of $199 million, or 90 cents per
share, for the same period last year.
The nonrecurring after-tax items include a $20 million charge, or
9 cents per share, associated with the announcement that Weyerhaeuser
will p... |
| | | 10/17/01 | Weyerhaeuser Names Taggart Vice President-Finance; Nitta, McAuley Promoted to Vice Presidents|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Oct. 17, 2001--Weyerhaeuser
Company (NYSE:WY) today announced that Richard J. Taggart, Jeffery W.
Nitta and Kathryn F. McAuley have assumed new positions effective
immediately.
Taggart, vice president and treasurer, is promoted to vice
president-Finance. In addition to his continuing financial
duties, Taggart assumes additional internal responsibilities.
He continues reporting to William C. Stivers, executive vice
president and chi... |
| | | 10/11/01 | Weyerhaeuser Company Limited Declares Dividend| FEDERAL WAY, Wash., Oct 11, 2001 (BUSINESS WIRE) -- The board of directors of
Weyerhaeuser Company Limited on Oct. 11, 2001, declared a dividend of U.S.$0.40
per share on the exchangeable shares of the corporation payable Dec. 3, 2001, to
shareholders of record at the close of business Nov. 2, 2001.
The dividend shall be paid in the Canadian dollar equivalent at the Noon Spot
Exchange Rate on Oct. 11, 2001, of 1.5684. The Canadian dollar equivalent amount
is CDN$0.63.
CONTACT: ... |
| | | 10/04/01 | Weyerhaeuser to Release Third Quarter Earnings on Oct. 23| FEDERAL WAY, Wash., Oct 4, 2001 (BUSINESS WIRE) -- Weyerhaeuser Company (NYSE:WY) will release its results for third quarter 2001 on Oct. 23 before the market opens.
The company will hold a live conference call on Oct. 23 to discuss results of the third quarter at 10 a.m. PDT (1 p.m. EDT).
To access the conference call, listeners calling from within North America should dial 877/888-4210 at least 15 minutes prior to the start of the conference call. Those wishing to access the call from ... |
| | | 07/24/01 | Weyerhaeuser Reports Second Quarter Earnings of 78 Cents Per Share on Net Sales of $3.9 Billion| FEDERAL WAY, Wash., Jul 24, 2001 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today reported second quarter net earnings of $171 million, or 78
cents per share, on net sales of $3.9 billion. This compares with $203 million,
or 89 cents per share, on sales of $4.2 billion for the second quarter of 2000.
Net earnings for second quarter 2001 include a gain of 7 cents per share for a
one-time reduction in deferred taxes due to a lower Canadian corporate tax rate
and 3 cents per share c... |
| | | 06/26/01 | Weyerhaeuser Expects Second Quarter Earnings To Be Between 70 and 75 Cents Per Share| FEDERAL WAY, Wash., Jun 26, 2001 (BUSINESS WIRE) -- Weyerhaeuser Company
(NYSE:WY) today said that it expects second quarter earnings to be between 70 to
75 cents per share.
Stronger than expected wood products prices and a one-time adjustment due to
changes in the Canadian corporate tax rate were the primary reasons the company
adjusted its second quarter earnings outlook. These positive effects will be
somewhat offset by costs associated with the strike of four West Coast
operations ... |
| | | 04/17/01 | Weyerhaeuser Co. Ltd. Declares Dividend| FEDERAL WAY, Wash., April 17, 2001 — (BUSINESS WIRE)—The board of directors of Weyerhaeuser Co. Ltd. (TSE:WYL) on April 17, 2001, declared a dividend of U.S. $0.40 per share on the exchangeable shares of the corporation payable June 4, 2001, to shareholders of record at the close of business May 4, 2001.
The dividend shall be paid in the Canadian dollar equivalent at the noon spot exchange rate on April 17, 2001, of 1.5579; the Canadian dollar equivalent amount is CDN $0.62.
... |
| | | 04/17/01 | Weyerhaeuser Company Declares Dividend|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 17, 2001--The Board of
Directors of Weyerhaeuser Company (NYSE:WY) on April 17, 2001 declared
a dividend of $0.40 per share on the common stock of the Corporation
payable June 4, 2001 to shareholders of record at the close of
business May 4, 2001.
CONTACT:
Weyerhaeuser Company
Claire S. Grace, (253) 924-5273
... |
| | | 04/17/01 | Weyerhaeuser Reports First Quarter Earnings of 61 Cents Per Share Before A Special Charge on Net Sales of $3.6 Billion|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--April 17, 2001--Weyerhaeuser
Company (NYSE:WY) today reported first quarter net earnings of $107
million, or 49 cents per share, that include a nonrecurring after-tax
charge of $26 million associated with the decision to outsource
certain information technology services as part of the company's
program to streamline support services. Excluding the charge, first
quarter 2001 earnings were $133 million, or 61 cents per common share.
This compares w... |
| | | 03/28/01 | Weyerhaeuser to Release First Quarter Earnings on April 17| FEDERAL WAY , Wash.—
Weyerhaeuser Company (NYSE:WY) will release its results for first quarter
2001 on April 17 before the market opens.
The company will hold a live conference call on April 17 to
discuss
results of the first quarter at 6:30 a.m. PDT (9:30 a.m. EDT). William
C. Stivers, executive vice president and chief financial officer,
will participate on the call. To
access the conference call, ... |
| | | 01/24/01 | Weyerhaeuser Reports Fourth Quarter Earnings of $194 Million On Net Sales of $4 Billion|
FEDERAL WAY, Wash.--(BUSINESS WIRE)--Jan. 24, 2001--Weyerhaeuser
Company (NYSE:WY) today announced fourth-quarter earnings of $194
million, or 88 cents per share.
This compares with $174 million, or 79 cents per share, for the
same period last year.
Net sales for the fourth quarter were $4 billion compared with
$3.6 billion last year.
For the year, Weyerhaeuser reported earnings of $840 million, or
$3.72 per share, compared with $527 million, or $2.56... |
| | | 01/19/01 | Weyerhaeuser Company Declares Dividend| Seattle,
Wash. — The executive committee of
the board of directors of Weyerhaeuser Company (NYSE:WY) on Jan. 9,
2001, declared a dividend of $0.40 per share on the common stock of
the corporation payable March 5, 2001, to shareholders of record at
the close of business Feb. 2, 2001.
USE OF THIS SITE INDICATES YOUR AGREEMENT TO THE
... |
| | | 07/18/00 | Weyerhaeuser Second Quarter Net Earnings Increase 24 Percent From Last Year to $203 Million on Net Sales of $4.2 Billion| FEDERAL WAY, Wash. — Weyerhaeuser Company (NYSE: WY) today reported that net earnings for the second quarter of 2000 increased 24 percent to $203 million, or 89 cents per share, from $164 million, or 82 cents per share, for the same period last year.
As previously announced, Weyerhaeuser took an after-tax charge of $82 million during the quarter to cover estimated costs of a nationwide class action settlement and claims related to hardboard siding. Excluding the after-tax charge... |
| | | 06/12/00 | Weyerhaeuser Completes Stock Repurchase of 12 Million Shares; Board Authorizes Repurchasing an Additional 10 Million Shares| FEDERAL WAY, Wash. —Weyerhaeuser
Company today announced that it has completed the previously announced plan to repurchase
12 million shares of common stock and that its board of directors has authorized the
repurchase of an additional 10 million shares. The company expects to complete the
repurchase program within a year.
"Given the performance of the company, we continue to feel that our stock is
undervalued," said Steven R... |
| | | 04/18/00 | Weyerhaeuser Reports Significant Increase in First Quarter Results; Net Earnings for Quarter Reach $244 Million on Sales of $3.9 Billion| FEDERAL WAY, Wash .—Weyerhaeuser Company today reported net
earnings of $244 million, or $1.04 per share, for the first quarter of 2000 on strong
results from all lines of business. This compares with a first quarter loss of $48
million, or 24 cents per share, for the same period last year.
The first quarter loss in 1999 included nonrecurring after-tax charges of $149 million
against earnings resulting from the implementation of a new accountin... |
| | | 01/19/00 | Weyerhaeuser Reports Earnings of $527 Million for 1999; Strong Markets Contribute to Record Net Sales of $12.3 Billion| FEDERAL WAY, Wash. —Weyerhaeuser
Company today announced unaudited earnings of $527 million, or $2.56 per share, for 1999.
This compares with $294 million, or $1.48 per share, in 1998.
The 1999 earnings include charges for the cumulative effect of a change in accounting
principle and other nonrecurring items related to the acquisition of MacMillan Bloedel
Limited, facility dispositions and closures. Earnings before these charges were $681
... |
| | | 11/23/99 | Weyerhaeuser to Acquire TJ International for $720 Million| FEDERAL WAY, Wash.
- Weyerhaeuser Company (NYSE: WY), one of North America’s largest forest products
companies, today announced an agreement with TJ International (NASDAQ: TJCO) that will
make Weyerhaeuser the leading provider of "value added" engineered wood
products.
Under the definitive agreement, Weyerhaeuser will pay $720 million in cash, or $42 per
share, to acquire all outstanding shares of TJ International, a 51 perc... |
| | | 10/12/99 | Weyerhaeuser Third Quarter Earnings Increase 115 Percent; Company Announces New Initiative to Streamline Support Services| FEDERAL WAY ,
Wash. – Weyerhaeuser Company (NYSE: WY) today reported third-quarter net earnings of
$237 million, or $1.18 per common share. This is an increase of 115 percent from $110
million, or 56 cents per common share, for the same period last year.
Net sales for third quarter 1999 were $3.1 billion, compared with $2.7 billion for the
same quarter last year.
Results for all business segments improved significantly in the third ... |
| | | 07/14/99 | Weyerhaeuser Second Quarter Net Earnings Increase 138 Percent From Last Year to $164 Million on Net Sales of $3 Billion| FEDERAL WAY, Wash.—Weyerhaeuser Company (NYSE: WY) today reported second
quarter net earnings of $164 million, or 82 cents per common share, a 138 percent increase
from $69 million, or 34 cents per common share, for the same period last year.
Net sales for the second quarter were $3 billion, up 14 percent from $2.7 billion last
year.
Results for the first six months of 1999—excluding after-tax charges taken for a
nonrecurring it... |
| | | 04/27/99 | Chairman, CEO and President Steve Rogel's remarks to Analysts in New York City - April 27, 1999| "Rogel Speaks
to New York Investment Analysts"
Remarks by CEO and President Steve Rogel
April 26, 27, 1999
Good Morning. It’s hard to believe that it’s been a year since I first
visited with you as Weyerhaeuser’s new president and CEO. When I was here last
year, I was just learning about the company and its strengths and weaknesses. To do
that, I said I was going to spend my first s... |
| | | 04/20/99 | Chairman, CEO and President Steve Rogel's remarks at Weyerhaeuser's 1999 Annual Meeting in Federal Way, Wash. |
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