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                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 10-K

                  Annual Report Pursuant to Section 13 or 15(d)
                     of The Securities Exchange Act of 1934

                   FOR THE FISCAL YEAR ENDED DECEMBER 31, 2000

                          BUTLER MANUFACTURING COMPANY

                           BMA TOWER, PENN VALLEY PARK

                                (P.O. BOX 419917)

                        KANSAS CITY, MISSOURI 64141-0917

                            TELEPHONE: (816) 968-3000

                      Incorporated in the State of Delaware

                            COMMISSION FILE NO. 0-603

                               IRS NO. 44-0188420

     The Company has no securities registered pursuant to Section 12(g) of the
Act. The only class of stock outstanding consists of Common Stock having no par
value, 6,281,453 shares of which were outstanding at February 19, 2001. The
Common Stock and related Preferred Share Purchase Rights are registered pursuant
to Section 12(b) of the Act on the New York Stock Exchange.

     The aggregate market value of the Common Stock of the Company held by
non-affiliates, based upon the last sales price of such stock on February 19,
2001 was $165,501,503.

    The Company has filed all reports required to be filed by Section 13 or
15(d) of the Securities Exchange Act of 1934 during the preceding 12 months, and
has been subject to such filing requirements for the past 90 days.

     As indicated by the following check mark, disclosure of delinquent filers
pursuant to Rule 405 of Regulation S-K is not contained herein and will not be
contained to the best of Registrant's knowledge in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K:
[x]

     The following documents are incorporated herein by reference:

(1)     Butler Manufacturing Company 2000 Annual Report, pages 14 through 32
        (the "Annual Report") incorporated into Part II.

(2)     Butler Manufacturing Company Notice of Annual Meeting of Stockholders
        and Proxy Statement, dated March 8, 2001 (the "Proxy Statement")
        incorporated into Parts I and III).

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                          BUTLER MANUFACTURING COMPANY

                                    FORM 10-K

                                   -----------

                   FOR THE FISCAL YEAR ENDED DECEMBER 31, 2000
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                                    CONTENTS

<TABLE>
<CAPTION>
PART I                                                                                 Page
                                                                                       ----
<S>                                                                                    <C>
     Item 1.  Business............................................................      3
     Item 2.  Properties..........................................................      6
     Item 3.  Legal Proceedings...................................................      7
     Item 4.  Submission of Matters to a Vote of Security Holders.................      7

PART II

     Item 5.  Market for Registrant's Common Equity
              and Related Stockholder Matters.....................................      7

     Item 6.  Selected Financial Data.............................................      7

     Item 7.  Management's Discussion and Analysis of
              Financial Condition and Results of Operations.......................      7

     Item 7A. Quantitative and Qualitative Disclosure About Market
              Risk ...............................................................      8

     Item 8.  Financial Statements and Supplementary Data.........................      8

     Item 9.  Changes in and Disagreements with Accountants
              on Accounting and Financial Disclosure..............................      8

PART III

     Item 10. Directors and Executive Officers of the Registrant..................      8

     Item 11. Executive Compensation..............................................      9

     Item 12. Security Ownership of Certain Beneficial
              Owners and Management...............................................      9

     Item 13. Certain Relationships and Related Transactions......................      9

PART IV

     Item 14. Exhibits, Financial Statement Schedules and Reports
              on Form 8-K.........................................................     10

SIGNATURES........................................................................     13

CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS.........................................     14

FINANCIAL STATEMENT SCHEDULES.....................................................    S-1
</TABLE>

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                                     PART I

Item 1. Business

(a) General Description of Business

     The Company was founded as a partnership in 1901, incorporated in Missouri
in 1902, and later reincorporated in Delaware in 1969. Its corporate
headquarters are located in Kansas City, Missouri, and the company operates
manufacturing facilities, engineering offices, and service centers throughout
the continental United States, and 15 foreign countries. Principal international
operations are conducted through Butler Europe Kft., a majority owned Hungarian
subsidiary, Butler (Shanghai) Inc., a Chinese wholly owned subsidiary, and Saudi
Building Systems Ltd. a minority owned Saudi Arabian joint venture.

     The Company is primarily engaged in the marketing, design, and production
of building systems and components for nonresidential structures. Products and
services fall into four principal business segments: (1) Building Systems,
consisting primarily of custom designed and pre-engineered steel and wood frame
building systems for commercial, community, industrial, governmental, and
agricultural uses; (2) Architectural Products, consisting primarily of curtain
wall and storefront framing systems, custom window systems, skylights, and roof
vents for low-rise, medium-rise, and high-rise nonresidential buildings; (3)
Construction Services, providing construction management services for purchasers
of large, complex, or multiple site building projects; and (4) Real Estate,
providing build-to-suit-to-lease development services for corporations who
prefer to lease rather than own their facilities.

     The Company's products are sold, installed, and serviced through over 4,000
independent dealers or contractors that serve the commercial, community,
industrial, and agricultural markets.

(b) Financial Information about Industry Segments

     The information required by Item 1(b) is incorporated by reference to pages
24 through 25 of the Company's Annual Report, of which pages 14 through 32 are
attached as Exhibit 13.1 to this report. See also items 6, 7, 7A, and 8 of this
report.

(c) Narrative Description of Business

Building Systems

     The Company's largest segment, Building Systems, includes the North
American and International steel building systems businesses and the wood frame
buildings business. The International building systems business includes the
U.S. export operation; a majority owned European metal building systems
subsidiary (Butler Europe Kft.) with manufacturing operations in Hungary;
marketing and engineering subsidiaries in the United Kingdom, France, Germany
and Poland; Butler (Shanghai) Inc., a wholly owned Chinese metal building
systems subsidiary; and a minority owned Saudi Arabian metal buildings joint
venture (Saudi Building Systems Ltd.).

     The Company's building systems segment activities consist primarily of the
design, engineering, fabrication, and distribution of one to five-story steel
and one to two-story wood framed buildings for commercial, community,
industrial, governmental, and agricultural uses such as office buildings,
manufacturing facilities, warehouses, schools, shopping centers, restaurants,
convenience stores, livestock, and farm buildings. Principal product components
of the systems are

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structural members and a variety of pre-engineered wall and roof components.
These are fabricated according to standard or customer specifications and
shipped to building sites for assembly primarily by independent dealers.
Building components are manufactured for North American sales and export sales
in plants located at Galesburg and Charleston, Illinois; Laurinburg, North
Carolina; Birmingham, Alabama; Visalia, California; Annville, Pennsylvania; San
Marcos, Texas; Lester Prairie, Minnesota; Selmer Tennessee; and Clear Brook,
Virginia.

     Butler (Shanghai) Inc. markets, engineers, and fabricates metal building
systems for the China Region from a plant in Shanghai, China. In 2000, the
Company completed a $5 million expansion of the Shanghai manufacturing facility
to increase its metal building production capacity.

     The U.S. export operation markets and engineers metal building systems for
the Central American, Caribbean, and select Latin American markets. Shipments
are sourced primarily from Butler's U.S. plants and local manufacturing
alliances. The Company also serves the Canadian market through a branch office
in Burlington, Ontario.

     In December 1998 the Company announced the restructuring of its
International operations leading to the sale of its United Kingdom manufacturing
operation and the closing of its Brazilian pre-engineered steel frame buildings
manufacturing plant. During 1999 Butler Europe shifted its operations to an
expanded facility located in Nyiregyhaza, Hungary. European requirements are
supplied by the Hungarian facility and a manufacturing alliance formed with a
European supplier.

     Saudi Building Systems, Ltd. manufactures pre-engineered steel frame
buildings for Middle Eastern markets at manufacturing facilities located in
Jeddah, Saudi Arabia.

     Building Systems' products are distributed throughout the world by
independent Butler dealers. The dealers provide construction services and in
many cases complete design and engineering capabilities.

     Nonresidential pre-engineered buildings compete with conventional forms of
building construction in the low-rise commercial, community, industrial, and
agricultural markets. Competition is primarily based upon cost, time of
construction, appearance, thermal efficiency, and other specific customer
requirements.

     The Company also competes with numerous pre-engineered steel frame building
manufacturers doing business within the United States, Canada, Europe, South
America, and China. The Company believes that its 2000 sales of steel frame
pre-engineered building systems within the United States exceeded those of any
other nonresidential steel frame pre-engineered building systems manufacturer,
with its next largest competitors being NCI Building Systems, Inc., V. P.
Buildings a division of the LTV Corporation, American Buildings Company, an
operating unit of Magnatrax Corporation and Ceco Building Systems and Star
Buildings Systems, operating units of Robertson-Ceco Corporation. Competition
among manufacturers of pre-engineered buildings is based primarily upon price,
service, product design and performance, and marketing capabilities.

     Lester Building Systems, the Company's wood frame buildings business, sales
its products through independent dealers, supplemented by its direct-sales
operations, and is believed to rank third in sales to Morton Buildings, Inc.,
the industry leader, and Cleary Buildings, Inc.

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Architectural Products

     This segment includes the operations of the Vistawall group which designs,
manufactures, and sells aluminum extruded curtain wall systems for mid and
high-rise office markets. They also sell entry doors, custom architectural
window systems, translucent roof and wall systems, custom and standard
skylights, and other standard storefront products for low-rise retail and
commercial markets. The Vistawall group's products are distributed on a material
supply basis to either curtain wall erection subcontractors or general
contractors, and through its distribution warehouses to glazing contractors for
storefront and entry door applications. Manufacturing and distribution
facilities are located in Warwick, Rhode Island; Newnan and Tucker, Georgia;
Modesto, Hayward, and, Rancho Cucamonga, California; Denver, Colorado; Brooklyn
Park, Minnesota; Cincinnati and Cleveland, Ohio; Greenville, Tennessee; Terrell,
Houston, and Dallas, Texas; Tampa, Florida; Chicago, Illinois; Jessup, Maryland;
St. Louis, Missouri; Seattle, Washington; and Wausau, Wisconsin. In 2000 an
additional extruding and finishing facility was under construction to increase
Vistawall's production capacity. The new facility is located in Midway,
Tennessee and will be fully operational in 2001.

     The Division operates in highly competitive markets with other national
manufacturers which operate multiple plants and distribution facilities and with
regional manufacturers. Competition is primarily based on price, engineering and
installation capabilities, delivery, appearance, and other specific customer
requirements.

Construction Services

     The Company's Construction Services segment consists of Butler
Construction, a wholly-owned construction subsidiary also known as BUCON, Inc.,
which provides comprehensive design, planning, execution, and construction
management services to major purchasers of construction related services. Butler
Heavy Structures is an operating unit of Butler Construction serving markets
requiring large, complex building designs using fabricated mill steel in
combination with Butler's pre-engineered secondary structural and metal cladding
systems. Revenues of the Construction Services segment are derived primarily
from general contracting, "furnish and erect" and "material only" subcontracts
using products from several Company businesses, predominantly the Company's U.S.
metal buildings businesses.

     This business segment competes with international, national, regional, and
local general contracting firms, and whenever possible, performs projects in
conjunction with independent Butler dealers. Competition is primarily based upon
price, time necessary to complete a project, design, and product performance.

Real Estate

     This business segment consists solely of Butler Real Estate, Inc., a
wholly-owned subsidiary of the Company, which provides value-added real estate
development and leasing services to major corporations in cooperation with
Butler dealers. Butler Real Estate, Inc. functions as a development and
financing source during the lead procurement and construction process. On the
basis of commitments to lease obtained from credit worthy customers, Butler Real
Estate, Inc. acquires building sites, arranges with Butler dealers for
construction of build-to-suit projects, and sells the completed projects to
permanent investors when the facilities are occupied by lessees.

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Manufacturing and Materials

     The Company's manufacturing facilities include most conventional metal
fabricating operations, such as punching, shearing, welding, extruding, and
forming of sheet and structural steel and aluminum. Other metal manufacturing
processes include painting and anodizing. Wood frame manufacturing operations
include sawing and truss fabrication. The principal materials used in the
manufacture of products include steel, aluminum, wood, and purchased parts.
Materials are presently available in sufficient quantities to meet current
needs.

Seasonal Business

     Historically, the Company's sales and net earnings have been affected by
cycles in the general economy which influence nonresidential construction
markets (see in particular Item 7 of this report). The Company also experiences
seasonal demand for products and services. Sales for the first, second, third,
and fourth quarters of 2000 were $219 million, $244 million, $250 million, and
$247 million, respectively.

Backlog

     The Company's backlog of orders believed to be firm was $301 million at
December 31, 2000, 7% lower than a year ago.

Employees

     At December 31, 2000 the Company employed 5,079 persons, 4,180 of whom were
non-union employees, and 899 were hourly paid employees who were members of
three unions.

Item 2. Properties

     The principal plants and physical properties of the Company consist of the
manufacturing facilities described under Item 1 and the Company's executive
offices in Kansas City. Through a subsidiary, the Company also owns a land
development venture with property located on approximately an 80 acre site in
San Marcos, Texas. The property is recorded as "Assets held for sale" and
described in a footnote on page 24 in the Company's Annual Report. All other
plants and offices described under Item 1 are utilized by the Company and are
generally suitable and adequate for the business activity conducted therein. The
Company's manufacturing facilities described under Item 1, along with current
outsourcing agreements with various domestic and foreign fabricators, provide
production capabilities sufficient to meet current and foreseeable needs.

     Except for leased facilities listed below, all of the Company's principal
plants and offices are owned:

(1)  Leased space used for the Company's executive offices in Kansas City,
     Missouri (120,000 sq. ft. lease expiring in the year 2001 with an option to
     renew). The Company also leases a manufacturing facility (45,000 sq. ft.
     lease expiring in the year 2005 with three five year renewal options)
     located in Selmer, Tennessee.

     The Company has elected not to renew its executive office lease option and
     has entered into an agreement to construct a new $26 million headquarters
     building with comparable space in Kansas City, Missouri. The space should
     be occupied by the end of 2001.


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(2)  Leased space used for the Vistawall Division plant in Terrell, Texas
     (145,000 sq. ft. and 121,000 sq. ft. with leases expiring in 2009 and 2006,
     respectively, both containing options to renew), and fabrication and
     distribution facilities in Dallas and Houston, Texas; Jessep, Maryland; St.
     Louis, Missouri; Brooklyn Park, Minnesota; Chicago, Illinois; Cincinnati
     and Cleveland, Ohio; Atlanta and Newnan, Georgia; Tampa, Florida; Auburn,
     Washington; Modesto, Hayward, and Rancho Cucamonga, California; Warwick,
     Rhode Island; and Denver, Colorado (511,000 sq. ft. leased with various
     expiration dates).

(3)  Leased space used for Bucon, Inc. in Kansas City, Missouri (74,000 sq. ft.
     lease expiring in the year 2007).

(4)  The Company leases various sales offices throughout the world.

Item 3. Legal Proceedings.

     There are no material legal or environmental proceedings pending as of
March 16, 2001 nor does the Company have any known material environmental
contingencies as of this date. Proceedings which are pending consist of matters
normally incident to the business conducted by the Company and taken together do
not appear to be material.

Item 4. Submissions of Matters to a Vote of Security Holders.

     No matters have been submitted to a vote of stockholders since the last
annual meeting of stockholders on April 18, 2000

                                     PART II

Item 5. Market for Registrant's Common Equity and Related Stockholder Matters.

     Incorporated by reference to the information under "Quarterly Financial
Information (Unaudited)", "Price Range of Common Stock (Unaudited)" and
"Historical Review 2000-1996" on pages 31 and 32 of the Annual Report.

     In September 2000 the Company increased its quarterly cash dividend from 16
cents to 17 cents per share to shareholders of record as of September 29, 2000.
The Company has limited restrictions on the payment of dividends based on
certain debt covenants of Note Agreements dated June 1, 1994 between the Company
and four insurance companies and the Note Agreement dated March 1, 1998 with an
insurance company (incorporated by reference to the Forms 10-Q for the quarters
ended June 30, 1994 and March 31, 1998 as indicated under Item 14). The Company
had approximately $18 million of retained earnings available for cash dividends
and share repurchases at December 31, 2000.

Item 6. Selected Financial Data.

     Incorporated by reference to the information under "Historical Review
2000-1996" on page 32 of the Annual Report.

Item 7. Management's Discussion and Analysis of Financial Condition and Results
        of Operations.

     Incorporated by reference to the information under "Management's Discussion
and Analysis of Financial Condition and Results of Operations" on pages 14
through 17 of the Annual Report.

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Item 7A. Quantitative and Qualitative Disclosure About Market Risk.

     Incorporated by reference to page 16 of the Annual Report to the
information under "Management's Discussion and Analysis of Financial Condition
and Results of Operations".

Item 8. Financial Statements and Supplementary Data.

     Incorporated by reference to the consolidated financial statements and
related notes on pages 18 through 32 of the Annual Report.

Item 9. Changes in and Disagreements with Accountants on Accounting and
        Financial Disclosure.

     None.

                                    PART III

Item 10. Directors and Executive Officers of the Registrant.

     Information as to Directors is incorporated herein by reference to pages 2
through 5 of the Proxy Statement. The Company's Executive Officers, their ages,
their positions and offices with the Company, and their principal occupations
during the past five years are shown below:

Corporate Executive Officers

Donald H. Pratt - age 63, Chairman of the Board and Chairman of the Executive
Committee; has been a director since 1979. He joined Butler in 1965, became
Executive Vice President in 1980, President of the Company in 1986, Vice
Chairman and Chairman in 1999. Mr. Pratt is also a director and Vice Chairman of
American Century Mutual Funds, a director of Atlas-Copco North America Inc., and
is a trustee of the Midwest Research Institute.

John J. Holland - age 50, President and Chief Executive Officer and member of
the Board Executive Committee. He joined Butler in 1980 and became Vice
President - Controller in 1986, Vice President-Finance in 1990, Executive Vice
President in 1998, and President and Chief Executive Officer in 1999. Mr.
Holland is a director of Commerce Fund, a mutual fund; and a director of Saint
Luke's Hospital. He is a former chairman of Heart of America Family Services.

Ronald E. Rutledge - age 59, Executive Vice President since 2000 and President
Vistawall Division since 1984, when he joined Butler.

Barbara B. Bridger - age 43, Vice President-Human Resources since 1999. She
joined Butler in 1980 and previously was Vice President- Human Resources for the
Buildings Division.

John T. Cole - age 50, Controller since 1990. He joined Butler in 1977 and
previously was Corporate Audit Manager.

John W. Huey - age 53, Vice President, General Counsel, and Secretary since
1999. He joined Butler in 1978 and became Vice President-Administration in 1993
and Assistant General Counsel and Assistant Secretary in 1987.

Lee E. Lichlyter - age 37, Vice President-Chief Information Officer since 2000,
and previously was Vice President of Information Systems Building Division since
1999.

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Paul F. Liljegren - age 46, Treasurer since 1998. He joined Butler in 1979 and
previously was Vice President and Controller of Lester Building Systems.

Larry C. Miller - age 44, Vice President-Finance since 1998. He joined Butler in
1980 and became Assistant Treasurer in 1985 and Treasurer in 1989.

Division Executive Officers

Moufid (Mike) Alossi - age 58, President, Butler (Shanghai) Inc., since 1997. He
joined Butler in 1968 and was previously President of Butler World Trade and
Vice President-International Sales and Marketing.

Hans G. Berger - age 53, Managing Director, Butler Europe since 1995. He
previously was Managing Director, Butler Bausysteme GmbH from 1993 to 1995 and
Vice President-Engineering, Butler Canada from 1986 to 1992.

John R. Hill - age 43, President, Lester Building Systems since 2000. He joined
Butler in 1980. He was previously Senior Vice President of Sales of Lester
Building Systems.

Thomas J. Hall - age 55, President, Butler Real Estate, Inc. since 1991. He
joined Butler in 1969, and was named Vice President and General Manager of
Butler Real Estate, Inc. in 1987.

William L. Johnsmeyer - age 53, President, Bucon, Inc. since 1990. He joined
Butler in 1982 and became President, Walker Division in 1984.

Clyde E. Wills, Jr. - age 55, President, Buildings Division since 1999. He first
joined Butler in 1972. He was previously Senior Vice President of Operations,
Building Division from 1992 to 1997 and was President of the International
Division in 1998.

Item 11. Executive Compensation.

     Incorporated by reference to the information under "Report of the
Compensation and Benefits Committee on Executive Compensation," "Summary
Compensation Table," "Aggregated Option Exercises and Fiscal Year-End Option
Value Table," "Pension Plan Table," and "Restricted Stock Bonus Program" on
pages 9 through 14 of the Proxy Statement.

Item 12. Security Ownership of Certain Beneficial Owners and Management.

     Incorporated by reference to the information under "Beneficial Ownership
Table" on pages 6 through 7 of the Proxy Statement.

Item 13. Certain Relationships and Related Transactions.

     Incorporated by reference to the information under "Election of Class C
Directors" and "Report of the Compensation and Benefits Committee on Executive
Compensation" in the Proxy Statement on pages 1 through 9.

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                                     PART IV

Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K.

(a)  The following documents are filed as part of this report:

     (1)  Financial Statements:

        - "Report of Independent Public Accountants" for the three-year period
          ended December 31, 2000.
        - Consolidated Balance Sheets as of December 31, 2000 and 1999.
        - Consolidated Statements of Earnings and Retained Earnings for years
          Ended December 31, 2000, 1999, and 1998.
        - Consolidated Statements of Comprehensive Income for years ended
          December 31, 2000, 1999, and 1998.
        - Consolidated Statements of Cash Flows for years ended December 31,
          2000, 1999, and 1998.

        - Notes to Consolidated Financial Statements.

        The foregoing have been incorporated by reference to the Annual Report
        as indicated under Item 8.

     (2)  Financial Statement Schedules:

        Auditors' Reports on Financial Statement and Schedule II, Valuation
        and Qualifying Accounts.

        All other schedules are omitted because they are not applicable or the
        information is contained in the consolidated financial statements or
        notes thereto.

     (2)  Exhibits:


          3.1   Restated Certificate of Incorporation (incorporated by
                reference to Exhibit 3.1 to Company's form 10-Q for the
                quarter ended, March 31, 1996).

          3.2   Bylaws of Butler Manufacturing Company as amended effective
                January 19, 1999 (incorporated by reference to Exhibit 3.2 to
                the Company's form 10-K for the year ended December 31, 1998).

          3.11  Certificate of Designation of SERIES A, CLASS, 1 PREFERRED
                STOCK of BUTLER MANUFACTURING COMPANY (Pursuant to Section 151
                of the Delaware General Corporation Law), filed September 23,
                1999, pursuant to Rights Agreement appended as Exhibit 4.3.

          4.1   Note Agreement between the Company and four Insurance
                Companies dated as of June 1, 1994 (incorporated by reference
                to Exhibit 4 of the Company's Form 10-Q for the quarter ended
                June 30, 1994).

          4.2   Note Agreement between the Company and an Insurance Company
                dated as of March 1, 1998 (incorporated by reference to
                Exhibit 4 of the Company's Form 10-Q for the quarter ended
                March 31, 1998).


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          4.3   Rights Agreement dated September 16, 1998, between Butler
                Manufacturing Company and UMB Bank, N.A. which includes the
                form of Rights as Exhibit C (incorporated by reference to
                Exhibit 1.1 to the Company's Form 8-A filed September 23,
                1999.

          10.1  Butler Manufacturing Company Executive Deferred Compensation
                Plan as amended (incorporated by reference to Exhibit 4 in the
                Company's Registration statement on Form S-8 filed December
                20, 2000 (File No. 333-52338).

          10.2  Butler Manufacturing Company Stock Incentive Plan for 1987, as
                amended (incorporated by reference to Exhibit 10.1 to the
                Company's Form 10-K for the year ended December 31, 1990).

          10.3  Butler Manufacturing Company Stock Incentive Plan of 1979, as
                amended (incorporated by reference to Exhibit 10.2 to the
                Company's Form 10-K for the year ended December 31, 1990).

          10.4  Form of Change of Control Employment Agreements, as amended,
                between the Company and each of six executive officers
                (incorporated by reference to Exhibit 10.3 to the Company's
                Form 10-K for the year ended December 31, 1990).

          10.5  Copy of Butler Manufacturing Company Supplemental Benefit Plan
                as amended and restated (incorporated by reference to Exhibit
                10.5 to the Company's Form 10-K for the year ended December
                31, 1994).

          10.6  Form of Butler Manufacturing Company Split Dollar Life
                Insurance Agreement (Collateral Assignment Method; Bonus
                Arrangement) entered into between the Company and certain
                executive officers (incorporated by reference to Exhibit 10.6
                to the Company's Form 10-K for the year ended December 31,
                1994).

          10.7  Form of Butler Manufacturing Company Split Dollar Life
                Insurance Agreement (Collateral Assignment Method; Roll Out
                Arrangement) entered into between the Company and certain
                executive officers (incorporated by reference to Exhibit 10.7
                to the Company's Form 10-K for the year ended December 31,
                1994).

          10.8  Butler Manufacturing Company Stock Incentive Plan of 1996
                (incorporated by reference to Exhibit 4(a) to the Company's
                Registration Statement Number 333-02557 on S-8 filed April 17,
                1996).

          10.9  Butler Manufacturing Company Director Stock Compensation
                Program, as amended June 20, 2000.

          10.10 Butler Manufacturing Company Restricted Stock Compensation
                Program of 1996 (incorporated. by reference to the December
                31, 1997 Form 10-K).

          10.11 Form of Butler Manufacturing Company Split Dollar Life
                Insurance Agreement (Collateral Assignment Agreement; Roll Out
                Arrangement) entered into between the Company and certain
                executive officers for the year ended December 31, 2000.

                                       11
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          10.12 Butler Manufacturing Company Director Deferred Fee Plan Dated
                July 1, 2000.

          13.1  Butler Manufacturing Company 2000 Annual Report Pages 14
                through 32 only (the information expressly incorporated herein
                by reference).

          22.1  Set forth below is a list as of February 19, 2001 of
                subsidiaries of the Company and their respective jurisdictions
                of incorporation. Subsidiaries not listed, when considered in
                the aggregate as a single subsidiary, do not constitute a
                significant subsidiary.

                                                                Jurisdiction of
                Subsidiary                                       Incorporation
                ----------                                       -------------
                Butler Export, Inc.                              Barbados
                Butler Europe GmbH                               Germany
                Butler Europe Kft.                               Hungary
                Butler Systemes de Construction SARL             France
                BMC Real Estate, Inc.                            Delaware
                BUCON, Inc.                                      Delaware
                Butler Pacific, Inc.                             Delaware
                Butler Real Estate, Inc.                         Delaware
                Butler, S.A. de C.V.                             Mexico
                Butler (Shanghai) Inc.                           China
                Butler Holdings, Inc.                            Delaware
                Comercial Butler Limitada                        Chile
                Lester's of Minnesota, Inc.                      Minnesota
                Lester Holdings, Inc.                            Delaware
                Liberty Building Systems, Inc.                   Delaware
                Moduline Windows, Inc.                           Wisconsin

          23.1  Consent of Arthur Andersen LLP (incorporated by reference to
                page 14 of this report).

          24.1  Power of Attorney to sign this and other SEC Reports by each
                director.


(a)   The Company has not filed any reports on Form 8-K for or during the
      quarter ended December 31, 2000.

                                   * * * * * *

     The calculation of the aggregate market value the Company's Common Stock
held by non-affiliates shown on the front of the cover page assumes that
directors are affiliates. Such assumption does not reflect a belief by the
Company or any director that any director is an affiliate of the Company.

                                       12
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                                   SIGNATURES

     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized on this 14th day of
March, 2001.

                                                 BUTLER MANUFACTURING COMPANY

                                                 BY  /S/ John J. Holland
                                                   ---------------------------
                                                         John J. Holland
                                                          President-CEO

     Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant in the capacities indicated on the dates indicated.

/S/ Donald H. Pratt             Chairman of the Board            March 16, 2001
--------------------------
    Donald H. Pratt

/S/ John J. Holland             President-CEO                    March 14, 2001
--------------------------
    John J. Holland             (Principal Executive Officer)

/S/ Ronald E. Rutledge          Executive Vice Presid.           March 16, 2001
---------------------------
    Ronald E. Rutledge

/S/ Larry C. Miller             Vice President-Finance           March 14, 2001
---------------------------
    Larry C. Miller             (Principal Financial Officer)

/S/ John T. Cole                Controller                       March 14, 2001
---------------------------
    John T. Cole                (Principal Accounting Officer)

/S/ K. Dane Brooksher           Director                         March 9, 2001
---------------------------
    K. Dane Brooksher

/S/ Gary M. Christensen         Director                         March 9, 2001
---------------------------
    Gary M. Christensen

/S/ Susan F. Davis              Director                         March 12, 2001
---------------------------
    Susan F. Davis

/S/ C.L. William Haw            Director                         March 12, 2001
---------------------------
    C.L. William Haw

/S/ Robert J. Novello           Director                         March 12, 2001
---------------------------
    Robert J. Novello

/S/ Robert J. Reintjes, Sr.     Director                         March 9, 2001
---------------------------
    Robert J. Reintjes, Sr.

/S/ Gary L. Tapella             Director                         March 12, 2001
---------------------------
    Gary L. Tapella

/S/ William D. Zollars          Director                         March 9, 2001
---------------------------
    William D. Zollars


                                       13
<PAGE>   15
                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

As independent public accountants, we hereby consent to the incorporation of our
reports dated January 23, 2001, included in or incorporated by reference in this
Form 10-K, into the Company's previously filed Registration Statement File
Numbers 33-14464, 2-63830, 2-55753, 333-02285, 333-02557, and 333-52338.

/S/ ARTHUR ANDERSEN LLP
-----------------------
    ARTHUR ANDERSEN LLP

Kansas City, Missouri,
March 16, 2001



                                       14
<PAGE>   16
                  BUTLER MANUFACTURING COMPANY AND SUBSIDIARIES
                              KANSAS CITY, MISSOURI

                   Consolidated Financial Statement Schedules
                                   (Form 10-K)

                        December 31, 2000, 1999, and 1998

                        (With Auditors' Reports Thereon)


                                      S-1
<PAGE>   17
                    REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS

To the Shareholders of Butler Manufacturing Company:

We have audited in accordance with auditing standards generally accepted in the
United States, the consolidated financial statements included in Butler
Manufacturing Company's 2000 Annual Report to Shareholders, incorporated by
reference in this Form 10-K, and have issued our report thereon dated January
23, 2001. Our audit was made for the purpose of forming an opinion on those
statements taken as a whole. The Financial Statement Schedule listed in item 14
is the responsibility of the Company's management and is presented for the
purpose of complying with the Securities and Exchange Commission's rules and is
not part of the basic financial statements. This schedule has been subjected to
the auditing procedures applied in the audit of the basic consolidated financial
statements, and in our opinion, fairly states in all material respects the
financial data required to be set forth therein in relation to the basic
consolidated financial statements taken as a whole.

/S/ ARTHUR ANDERSEN LLP
-----------------------
    ARTHUR ANDERSEN LLP

Kansas City, Missouri,
January 23, 2001




                                      S-2
<PAGE>   18
                                   SCHEDULE II

                  BUTLER MANUFACTURING COMPANY AND SUBSIDIARIES

                        Valuation and Qualifying Accounts

                             (Thousands of Dollars)


<TABLE>
<CAPTION>
                                    Balance at    Charged                                  Balance
                                    beginning       to                       Less:         at end
Description                          of year      earnings      Other      Deductions      of year
-----------                          -------      --------      -----      ----------      -------
                                                                              (A)
<S>                                 <C>           <C>           <C>        <C>             <C>
Allowance for Losses
  on Accounts Receivable:

2000                                  $4,674      $1,620         $ 178       $1,342         $5,130

1999                                  $3,791      $2,876         $(191)      $1,802         $4,674

1998                                  $2,473      $2,772            --       $1,454         $3,791


Restructuring Reserve:

2000                                  $  885      $   --         $(620)      $  265         $   --

1999                                  $2,277      $1,514(B)      $(447)      $2,459(C)      $  885

1998                                      --      $2,409            --       $  132         $2,277
</TABLE>


(A)  Includes transfers and/or recoveries of reserve balances.
(B)  Represents $1.5 million Brazilian foreign currency devaluation reserve
     established and utilized in the first quarter of 1999.
(C)  Includes charges against the reserve in 1999 of $1.1 million, plus $1.5
     million write-down of Brazilian assets due to currency devaluation, net $.2
     million 1999 recoveries shown in the Other column.


                                      S-3
<PAGE>   19
                                  EXHIBIT INDEX

EXHIBITS      DESCRIPTION
--------      -----------

3.1         Restated Certificate of Incorporation (incorporated by reference to
            Exhibit to Company's form 10-Q for the quarter ended, March 31,
            1996).

3.2         Bylaws of Butler Manufacturing Company as amended effective January
            19, 1999 (incorporated by reference to Exhibit 3.2 to the Company's
            form 10-K for the year ended December 31, 1998).

3.11        Certificate of Designation of SERIES A, CLASS, 1 PREFERRED STOCK of
            BUTLER MANUFACTURING COMPANY (Pursuant to Section 151 of the
            Delaware General Corporation Law), filed September 23, 1999,
            pursuant to Rights Agreement appended as Exhibit 4.3.

4.1         Note Agreement between the Company and four Insurance Companies
            dated as of June 1, 1994 (incorporated by reference to Exhibit 4 of
            the Company's Form 10-Q for the quarter ended June 30, 1994).

            Note Agreement between the Company and an Insurance Company dated as
            of March 1, 1998 (incorporated by reference to Exhibit 4 of the
            Company's Form 10-Q for the quarter ended March 31, 1998).

4.3         Rights Agreement dated September 16, 1998, between Butler
            Manufacturing Company and UMB Bank, N.A. which includes the form of
            Rights as Exhibit C (incorporated by reference to Exhibit 1.1 to the
            Company's Form 8-A filed September 23, 1999.

10.1        Butler Manufacturing Company Executive Deferred Compensation Plan as
            amended (incorporated by reference to Exhibit 4 to the Company's
            Registration Statement on Form S-8 filed December 20, 2000 (File No
            333-52338).

10.2        Butler Manufacturing Company Stock Incentive Plan for 1987, as
            amended (incorporated by reference to Exhibit 10.1 to the Company's
            Form 10-K for the year ended December 31, 1990).

10.3        Butler Manufacturing Company Stock Incentive Plan of 1979, as
            amended (incorporated by reference to Exhibit 10.2 to the Company's
            Form 10-K for the year ended December 31, 1990).

10.4        Form of Change of Control Employment Agreements, as amended, between
            the Company and each of six executive officers (incorporated by
            reference to Exhibit 10.3 to the Company's Form 10-K for the year
            ended December 31, 1990).

10.5        Copy of Butler Manufacturing Company Supplemental Benefit Plan as
            amended and restated (incorporated by reference to Exhibit 10.5 to
            the Company's Form 10-K for the year ended December 31, 1994).
<PAGE>   20
10.6        Form of Butler Manufacturing Company Split Dollar Life Insurance
            Agreement (Collateral Assignment Method; Bonus Arrangement) entered
            into between the Company and certain executive officers
            (incorporated by reference to Exhibit 10.6 to the Company's Form
            10-K for the year ended December 31, 1994).

10.7        Form of Butler Manufacturing Company Split Dollar Life Insurance
            Agreement (Collateral Assignment Method; Roll Out Arrangement)
            entered into between the Company and certain executive officers
            (incorporated by reference to Exhibit 10.7 to the Company's Form
            10-K for the year ended December 31,1994).

10.8        Butler Manufacturing Company Stock Incentive Plan of 1996
            (incorporated by reference to Exhibit 4(a) to the Company's
            Registration Statement Number 333-02557 on S-8 filed April 17,
            1996).

10.9        Butler Manufacturing Company Director Stock Compensation Program as
            amended June 20, 2000.

10.10       Butler Manufacturing Company Restricted Stock Compensation Program
            of 1996(incorporated by reference to Exhibit 10.10 to the Company's
            December 31, 1997 Form 10-K).

10.11       Form of Butler Manufacturing Company Split Dollar Life Insurance
            Agreement (Collateral Assignment Agreement; Roll Out Arrangement)
            entered into between the Company and certain executive officers for
            the year ended December 31, 2000.

10.12       Butler Manufacturing Company Director Deferred Fee Plan Dated July
            1, 2000.

13.1        Butler Manufacturing Company 2000 Annual Report Pages 14 through 32
            only (the information expressly incorporated herein by reference).

22.1        Set forth below is a list as of February 19, 2001 of subsidiaries of
            the Company and their respective jurisdictions of incorporation.
            Subsidiaries not listed, when considered in the aggregate as a
            single subsidiary, do not constitute a significant subsidiary.
            Jurisdiction of

              Subsidiary                                   Incorporation
              ----------                                   -------------
              Butler Export, Inc.                          Barbados
              Butler Europe GmbH                           Germany
              Butler Europe Kft.                           Hungary
              Butler Systemes de Construction SARL         France
              BMC Real Estate, Inc.                        Delaware
              BUCON, Inc.                                  Delaware
              Butler Pacific, Inc.                         Delaware
              Butler Real Estate, Inc.                     Delaware
              Butler, S.A. de C.V.                         Mexico
              Butler (Shanghai) Inc.                       China
              Butler Holdings, Inc.                        Delaware
              Comercial Butler Limitada                    Chile
              Lester's of Minnesota, Inc.                  Minnesota
              Lester Holdings, Inc.                        Delaware
              Liberty Building Systems, Inc.               Delaware
              Moduline Windows, Inc.                       Wisconsin
<PAGE>   21
23.1        Consent of Arthur Andersen LLP (incorporated by reference to page 16
            of this report).

24.1        Power of Attorney to sign this and other SEC Reports by each
            director.