2002 Year in Review -- Silver Lining Still Tarnished

The acrimonious 14-month tug of war between Willamette Industries, Portland, OR, and Weyerhaeuser, Federal Way, WA, ended civilly when the paper giants agreed to merge. Weyerhaeuser paid $6.1 billion in cash and assumed $1.7 billion of Willamette debt.

Moore Corp. broke into the transaction column by swallowing up The Nielsen Co., a $90 million printer with facilities in Cincinnati, Florence, KY, and Durham, NC. But Danner Press, Canton, OH, closed its doors on 350 employees after more than 50 years of service.