Net sales for the third quarter were $3.7 billion, compared with $3.1 billion for the same quarter last year.
For the first nine months, Weyerhaeuser reported net earnings before nonrecurring charges of $728 million, compared with $502 million for the first nine months of 1999. Including nonrecurring charges incurred earlier this year, net earnings increased to $646 million, from $353 million last year.
Net sales for the first nine months were $11.5 billion, compared with $8.8 billion during the same period last year.
"The weak markets for wood products hurt our third quarter results, but we benefited from the strong performance of our Pulp, Paper and Packaging sector and the contribution of the MacMillan Bloedel and Trus Joist acquisitions," said Steven Rogel, chairman, president and CEO. "The strength of the pulp and containerboard markets helped that sector achieve its strongest quarter since 1995. As we move forward, we continue to focus on further improvements in our operations and achieving additional acquisition synergies."
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