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

LP Opens New HQ

LP Building Solutions (LP) celebrated a landmark day in company history on Aug. 19, 2022 with the grand opening of its new global headquarters in Nashville, Tennessee. The new headquarters, which spans the top two floors—all 60,000 sq. ft.—of the Creative Office Building in Midtown’s Broadwest development, allows LP to further expand its corporate hybrid workplace model while upgrading its office environment…

PELICE 2022 Brought Everything From Taguchi To Board Quality Control

PART THREE: This is the third of a four-part series summarizing the presentations delivered during the Panel & Engineered Lumber International Conference & Expo (PELICE) held this spring and hosted by Panel World in Atlanta March 31 to April 1. The first two parts appeared in the May and July issues of Panel World, and the fourth and final selection will be in the upcoming November issue…

Find Us On Social

Newsletter

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

Subscribe Now
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.

Complete the form
Advertise

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

Contact Us