PORTLAND, Ore., Aug. 3 /PRNewswire/ -- Willamette Industries' (NYSE: WLL)
Board of Directors today announced a dividend of $.21 per share payable on
September 14, 2000 to shareholders of record on August 28, 2000.
In other business, the Board elected Duane C. McDougall, Willamette's
president and chief executive officer, to the board to replace Paul McCracken,
chairman and chief executive officer of Tumac Lumber, who is retiring after
14 years on Willamette's Board.
Willamette Industries is an integrated forest products company with
107 plants, located in the U.S., France, Ireland and Mexico. The company owns
1.7 million acres of forestland in the U.S. and manages it sustainably to
produce building materials, composite wood panels, pulp, fine paper, office
paper products, corrugated packaging and grocery bags.
SOURCE Willamette Industries, Inc.
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http://www.wii.com
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http://www.prnewswire.com/comp/971763.html or fax,
800-758-5804, ext. 971763
CONTACT:
Cathy Dunn of Willamette Industries, Inc.,
503-273-5642
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