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
Mississippi State University Furniture Academy Aims To Increase Skilled Labor
A new Furniture Academy at Mississippi State University (MSU) will show aspiring workers how to make furniture. Nearby community colleges and economic development groups are working with furniture makers to create the 28-hour program, which…
Wood Markets: Impact Of Duties On Canadian Lumber Exports To U.S.
The topic of export duties on Canadian lumber exports to the U.S. is now revving up, given the announcement by the US ITC this week. On January 9, 2017, the US International Trade Commission (US…
Competition Drives Oregon Mill Investments
To be competitive in the wood products industry, companies must stay on the cutting edge. But to get to the forefront, wood products companies must invest in their production facilities to increase automation and efficiency,…
B.C. Forest Firms Brace For U.S. Lumber Battle
If it’s true that business hates uncertainty, then the B.C. forest industry is in for some ill feeling in 2017. Finding opportunity in the face of that uncertainty is the challenge for the coming year.…
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.