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

Arauco Gets Graying PB Mill Going

Arauco Gets Graying PB Mill Going  ARAUCO held a ribbon-cutting ceremony April 16, 2019 at its new particleboard and lamination facility in Grayling, Mich. Executives from ARAUCO, ARAUCO North America, as well as customers and public officials from Chile and the...

Idaho Central Credit Union Arena To Use Engineered Wood

Idaho Central Credit Union Arena To Use Engineered Wood  The University of Idaho broke ground on its long-awaited Idaho Central Credit Union (ICCU) Arena. The 4,200-capacity engineered wood mass-timber facility is slated to open in 2021 as home court for Vandal...

Tolko’s Armstrong And Soda Creek Lumber Mills To Take Downtime

Tolko Industries announced its Armstrong and Soda Creek lumber operations would take downtime during the weeks of May 27 and June 3. “High log costs and weak market conditions continue to impact our lumber operating footprint in British Columbia,” says Vice President...

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!