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

Gary Raemhild Dies At 67

Gary Raemhild Dies At 67  Gary Allen Raemhild, a major figure in the development and implementation of air emissions control technology for the panel industry, died March 21 in Seattle, Wash. He was 67. Raemhild led Geoenergy International to the forefront of...

Power Of Pelice Is In The Exchange

Story by Dan Shell, Managing Editor Let’s say you operate a plywood plant and think it’s time to upgrade or replace a veneer dryer. To help in making the decision, you decide to attend the 2014 Panel & Engineered Lumber International Conference & Expo (PELICE)...

Martco Tows Dryer Into Place

Martco Tows Dryer Into PlaceIn December 2013, RoyOMartin towed into place its second fully erect 6-deck jet dryer. Just a year prior, Martco pioneered the concept of fully erecting a million pound dryer and pulling it into place as the most effective means to minimize...

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!