Willamette Industries

[8] In July 2000, the company was fined a then record $11.2 million by the Environmental Protection Agency (EPA) for violations of the Clean Air Act.

[9] As part of a settlement with the EPA and the Department of Justice, Willamette also was required to spend an additional $74 million on pollution abatement at 13 factories.

[16] On December 22, 2000, Weyerhaeuser announced that it had launched a proxy fight to oust four directors of Willamette Industries, in order to get the board to vote in its favor.

"[21] Willamette sought out merger talks with another forest products company, Georgia-Pacific (GP), the largest in the world to avoid the Weyerhaeuser takeover.

[23] Finally, in January 2002, Willamette Industries agreed to be bought by Weyerhaeuser for $55.50 per share, for a total cash equity value of approximately $6.08 billion.

[26] At the time of the takeover by Weyerhaeuser, Willamette was the seventh largest forest products company in world[27] with over 90 facilities across the United States.

[28] There were foreign operations in Mexico, Ireland, and France,[27] with the corporate headquarters in Portland, Oregon, in the Wells Fargo Center.

[11] Willamette Industries owned 1.7 million acres (6,900 km2) of forest land,[3] and Duane C. McDougall served as the last chief executive officer of the company.

Location of company headquarters prior to buyout