Weyco Expects Strong Growth

Weyerhaeuser Co. hosted an Investor Day in December and outlined the company’s strategic growth plan and financial targets through 2030.

“Weyerhaeuser stands alone in the timberlands, wood products and land solutions space as the only large cap, integrated investment opportunity poised for accelerated growth,” says Devin Stockfish, President and CEO. “Over the next five years, we intend to catalyze growth initiatives across the entirety of our integrated portfolio to significantly grow the value and cash generation capabilities of our company and further strengthen our competitive position.”

The growth plan is expected to deliver $1.5 billion of incremental Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) by 2030, measured against a 2024 baseline, and includes $1 billion of Adjusted EBITDA uplift from identified growth initiatives. The remaining $500 million of uplift reflects a modest improvement in product pricing during the period, which the company views as a conservative estimate. Identified growth initiatives span the entirety of Weyerhaeuser’s portfolio and include the following expected contributions above the 2024 baseline: • $440 million from Wood Products • $230 million from Strategic Land Solutions, including $170 million of uplift from Climate Solutions business • $180 million from enterprise initiatives • $150 million from Timberlands

Latest News

PELICE Draws Powerful Speakers In Atlanta

PELICE Draws Powerful Speakers In Atlanta  Eighty equipment exhibitors and 34 speakers were on site at the seventh Panel & Engineered Lumber International Conference & Expo held March 12-13 at the Omni Hotel at CNN Center in Atlanta, Georgia. Total...

Xylexpo 2020 Shows Promise

Xylexpo 2020 Shows PromiseThe biennial Xylexpo show returns in 2020 to FieraMilano-Rho, May 26-29, in Milan, Italy, with what promises to be an exciting event!  The 2018 edition closed with 37,000 visits by 17,781 industry operators, 2.1% more than in 2016. Among...

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!