Weyerhaeuser Gets Hostile With Willamette

A marriage of the companies may address some of the industry concerns related to excess capacity. Willamette offered an unpleasant surprise to rivals in early 2000 when it announced plans to build a machine that would add capacity.

"We all know we need to reduce this industry's capacity," Mark Connelly, analyst at CS First Boston, told Reuters. "Getting rid of companies like Willamette will start to eliminate that problem."