SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
January 31, 2006
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(Date of earliest event report)
WEYERHAEUSER COMPANY
(Exact name of registrant as specified in charter)
Washington 1-4825 91-0470860
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation or Number)
organization)
Federal Way, Washington 98063-9777
(Address of principal executive offices)
(zip code)
Registrant's telephone number, including area code:
(253) 924-2345
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
----- Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
----- Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
----- Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act(17 CFR 240.14d-2(b))
----- Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act(17 CFR 240.13e-4(c))
TABLE OF CONTENTS
Item 7.01. Regulation FD Disclosure
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C., 20549
ITEM 7.01. REGULATION FD DISCLOSURE
On January 31, 2006, Weyerhaeuser Company issued a press release stating the
Following:
Weyerhaeuser Real Estate Company to Acquire Maracay Homes
FEDERAL WAY, Wash., Jan. 31, 2006 - 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.
"The transaction we're announcing today is part of WRECO's planned growth
strategy," said Dan Fulton, WRECO president. "While our legacy operations have
been growing organically in their existing and adjacent markets over the past
few years, we are diversifying into a new market with the acquisition of a
premier homebuilder."
Price and terms of the transaction have not been disclosed. The transaction is
subject to customary closing conditions and is expected to close in February.
Deutsche Bank Securities acted as exclusive financial advisor to Weyerhaeuser in
connection with this transaction.
"Maracay is a sophisticated homebuilder with a strong land position - it
controls more than 8,000 lots in the Phoenix market," Fulton said. "With
closings of approximately 650 homes last year, the company is a significant
builder in the Phoenix market with near term expansion plans into the Tucson
market."
"We are fortunate to retain the entire Maracay management team with their proven
track record," Fulton said. "Their performance culture, competitive edge and
market-tested strategies will assimilate easily into the WRECO family."
Maracay Homes has been known for its innovative home designs and attention to
detail since its inception in 1991. The company targets move-up buyers,
offering its customers a high level of design and construction choices in
customizing their homes. In 1997 it introduced "Flex Design... it's all about
choices" because "no two families are alike."
"Homebuyers were asking for more choices in their homes," said David Bessey,
president and chief executive officer of Maracay Homes. "They didn't want a
home that was identical to the home next door."
Bessey said Flex Design was an immediate success with homebuyers. It allows
buyers to choose from pre-engineered and pre-priced options that can
significantly change the home. Home buyers can create larger bedrooms, guest
casitas, add basements, game rooms over garages, wine rooms, carriage houses,
gourmet kitchens and second floors over single level home plans. Buyers can
design on line at Maracay's website and take a photo tour of Maracay's model
homes at http://www.maracayhomes.com. Since originally launching Flex Design,
Maracay Homes has received the Central Arizona Grand MAME award, an award given
for excellence in home building, for three consecutive years.
Weyerhaeuser Company, 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 operations in 19 countries, with customers worldwide. Weyerhaeuser is
principally engaged in the growing and harvesting of timber; the manufacture,
distribution and sale of forest products; and real estate construction,
development and related activities. Additional information about Weyerhaeuser's
businesses, products and practices is available at http://www.weyerhaeuser.com.
For more information contact:
Media - Bruce Amundson 253-924-3047
Analysts - Kathy McAuley 253-924-2058
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/ Jeanne Hillman
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Its: Vice President and
Corporate Controller
Date: January 31, 2006