-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IrXfj9nYqgESf27pgZARrSrENPuJ4/drHmjG8nDt8jDso28z4uhvnmT/JLGUXasX hhSvczD+erhrbLu3UudJVg== 0000106535-95-000027.txt : 19951130 0000106535-95-000027.hdr.sgml : 19951130 ACCESSION NUMBER: 0000106535-95-000027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19951128 ITEM INFORMATION: Other events FILED AS OF DATE: 19951128 SROS: CSX SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: WEYERHAEUSER CO CENTRAL INDEX KEY: 0000106535 STANDARD INDUSTRIAL CLASSIFICATION: LUMBER & WOOD PRODUCTS (NO FURNITURE) [2400] IRS NUMBER: 910470860 STATE OF INCORPORATION: WA FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04825 FILM NUMBER: 95596585 BUSINESS ADDRESS: STREET 1: CORPORATE CONTROLLERS DEPARTMENT STREET 2: CH 2C26 CITY: TACOMA STATE: WA ZIP: 98477 BUSINESS PHONE: 2069242345 MAIL ADDRESS: STREET 1: CORPORATE CONTROLLERS DEPARTMENT STREET 2: CH 2C26 CITY: TACOMA STATE: WA ZIP: 98477 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------------------ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 November 28, 1995 ------------------------------------------------ (Date of earliest event report) WEYERHAEUSER COMPANY ----------------------------------------------- (Exact name of registrant as specified in charter) Washington 1-4825 91-0470860 ---------- ------ ---------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation or Number) organization) Tacoma, Washington 98477 ---------------------------------------------- (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: (206) 924-2345 1 Item 5. Other Events On November 28, 1995, Weyerhaeuser Company issued the following press release announcing that it had signed a letter of intent to sell its operations and timberland in Klamath Falls, Oregon: Weyerhaeuser announced today it has signed a letter of intent to sell all of its Klamath Falls holdings, including three manufacturing operations and 600,000 acres of timberland, to Roseburg Forest Products Company for $303 million. "This sale is a good strategic fit for both companies," said company President and CEO Jack Creighton. Creighton said Weyerhaeuser will sell its hardboard, particleboard and plywood manufacturing plants; 600,000 acres of predominantly pine forestland; and its nursery and seed orchard facilities. Weyerhaeuser employs 680 people in Klamath Falls. "Roseburg will receive timberlands and manufacturing operations that are well-managed, profitable and a good fit geopraphically," said Creighton. "The operations have experienced employees who are among the best in the industry. Weyerhaeuser in turn will concentrate on our Douglas-fir growing regions of Oregon and Washington. We remain strongly committed to our timberlands and wood products businesses." According to Creighton, the transaction is expected to close in stages. The sale will have a favorable effect on Weyerhaeuser's results of operations in the period or periods in which the closings occur, but the precise effect cannot be quantified at this time. Creighton emphasized that Weyerhaeuser will ensure a smooth transition for its particleboard, hardboard and plywood customers. Roseburg Forest Products, a privately-held company with 3,100 employees, headquartered in Roseburg, Ore., is considered the third largest forest products company in Oregon. "Purchase of Weyerhaeuser's Klamath Falls holdings fits well with our company's long-term objectives," said Allyn Ford, executive vice president of Roseburg Forest Products. "Many of our operations are concentrated in southern Oregon and northern California. This acquisition strengthens our market position, particularly in panel products, and will allow us to serve our customers even better in the future." Roseburg is an integrated family company with timberlands in Oregon and California supporting lumber, plywood and particleboard manufacturing operations. The company began operations in 1936. Weyerhaeuser first acquired forestland in Klamath Falls in 1905 and began building manufacturing facilities in the 1920s. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WEYERHAEUSER COMPANY By /s/ Sandy D. McDade ----------------------- Its: Secretary Date: November 28, 1995 2 -----END PRIVACY-ENHANCED MESSAGE-----