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

APA Honors Tony Vuksich

APA—The Engineered Wood Assn. presented Tony Vuksich the 2022 Bronson J. Lewis award during the APA Annual Meeting held October 15-18 at the J.W. Marriott Turnberry Resort in Aventura, Fla. The award is named in honor of the late Bronson Lewis, who served for 24 years as secretary and then executive vice president of the association. The award recognizes individuals for their leadership and outstanding contributions to the engineered wood industry…

SmartLam Announces Alabama Glulam Facility

SmartLam North America announced several major projects that will have a significant impact to the mass timber industry. SmartLam North America, which is the first U.S. manufacturer and is reportedly the largest manufacturer in North America of cross laminated timber (CLT), announced it will build a $50 million glulam…

The Show(s) Must Go On!

Article by Rich Donnell, Editor-In-Chief, Panel World September 2022 – If you think the pandemic caused the death of live trade shows, think again. Just take one quick browse through the Panel World September 2022 issue. In fact, trade shows almost snowballed us over this month…

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!