PotlatchDeltic Announces Project At Waldo Sawmill
PotlatchDeltic Corp. is investing $131 million to expand and modernize its sawmill located in Waldo, Ark. The project will increase the mill’s annual production capacity from 190MMBF of southern yellow pine dimension lumber to 275MMBF. The company states that the investment will reduce the mill’s operating costs significantly.
“The Waldo investment is an exciting strategic growth opportunity and it will position the mill among the lowest cost producers in the U.S. South,” comments Eric Cremers, President and CEO. “The project reflects our belief that housing fundamentals will remain strong.”
The Waldo investment includes upgrades to the log yard and planer, a new saw line and a new continuous dry kiln.
PotlatchDeltic has contracted with BID Group to design, build and equip the expansion and modernization, including BID’s equipment, software, automation systems, Artificial intelligence-enabled optimization, and OPER8, a purpose-built IIoT solution for the wood processing industry. BID’s Integrated Solutions Team will provide the design, engineering, planning, fabrication and installation services for the turnkey project.
“We are excited to partner with the BID team to execute on our growth and operational excellence plan to deliver increased value for our customers, shareholders, and communities,” says Ashlee Cribb, PotlatchDeltic Vice President, Wood Products. “Working with an industry leader like BID provides the confidence that this major project will be done right and delivered on time.”
The existing mill will continue to operate during the project. Work on site will begin in the third quarter of 2023 and is expected to be completed by the end of 2024.
PotlatchDeltic owns three sawmills and nearly 950,000 acres of timberland in Arkansas.
Latest News
NAHB CEO: Lumber Price Woes Will Persist
Headaches over the supply and price of North American lumber likely will persist for several years, the CEO of the National Association of Home Builders told lumberyard executives today, adding that one solution he's working on is to promote imports from Chile and...
Rebounding Lumber Market Meets Workforce Challenge
For years Pyramid Mountain Lumber Inc. thought the availability of logs was going to be their limiting factor for profitability and capital improvements. This winter they are up six million board feet in their log yard compared to a year ago. The future is looking...
Global Softwood Lumber Trade Has Increased 66 Percent In Seven Years
Global softwood lumber trade increased 12 percent year-over-year to reach a new record high of 121 million m3 in 2016, per estimates by WRI. Since the global financial recession in 2009, there has been a steady climb in international trade of lumber, with shipments...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.