-----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, BavXI6T12x6o8fS8OZUz6xtOh6LgWx7IeDiMpiw11qb8CCvNFfw76+B/OR6G8lDr Ew3d+YhdFkBfuO8xWIsSVA== 0000106535-97-000015.txt : 19970620 0000106535-97-000015.hdr.sgml : 19970620 ACCESSION NUMBER: 0000106535-97-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970619 ITEM INFORMATION: Other events FILED AS OF DATE: 19970619 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: 97626396 BUSINESS ADDRESS: STREET 1: 33663 WEYERHAEUSER WAY SOUTH CITY: FEDERAL WAY STATE: WA ZIP: 98003 BUSINESS PHONE: 2069242345 MAIL ADDRESS: STREET 1: 33663 WEYERHAEUSER WAY SOUTH CITY: FEDERAL WAY STATE: WA ZIP: 98003 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 June 19, 1997 --------------------------------- (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: (253) 924-2345 Item 5. Other Events On June 18, 1997, Weyerhaeuser Company issued the following press release: "PLYMOUTH, N.C. - Weyerhaeuser Company today announced it will close its Plymouth Plywood facility as part of the company's long- term strategy to align its wood product manufacturing facilities with changing future sources of raw material. The company will book charges associated with the closure during the second quarter. The charges, which will be material to second quarter earnings, will be more than offset by the positive effect in the same period of the previously announced sale of the Weyerhaeuser Mortgage Company. The company is closing the facility rather than modernizing it due to current market conditions and high raw material values. In addition, Plymouth Plywood lacks an independent energy source, a problem also requiring a substantial investment. Consistent with Weyerhaeuser's strategy of continually upgrading the assets in its core businesses, the company is examining opportunities to modernize existing North Carolina lumber operations to match the planned change in raw material. Weyerhaeuser owns and manages more than 550,000 acres of timberland across 26 eastern North Carolina counties. The company has been practicing High Yield Forestry for 30 years and expects to benefit from dramatic increases in its timber harvest over the next 20 years. Weyerhaeuser currently operates 18 units or facilities in North Carolina. In addition to timberlands, these facilities include wood products manufacturing; pulp and paper manufacturing and real estate development. Weyerhaeuser Company is one of the largest integrated forest products companies in the world. Its principal businesses are Timberlands and Wood Products; Pulp, Paper and Packaging; and Real Estate. It is the world's largest private owner of merchantable softwood timber and producer of softwood lumber and market pulp. It also is one of North America's largest producers of forest products and recyclers of office wastepaper, newspaper and corrugated boxes." 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/ K. J. Stancato ----------------------- Its: Vice President and Controller Date: June 19, 1997 -----END PRIVACY-ENHANCED MESSAGE-----