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
Comact Brings Cutting Expertise Under One Brand Portfolio
Comact, a global leader in high-performance OEM wood processing technologies, has announced the launch of Comact Cutting Solutions, bringing together Smith Sawmill Service, Oleson Saw Technology, Checkmate Precision Cutting Tools, and the proprietary BLADE brand…
Minda Builds French Manufacturer Arbonis Fully Automated Glulam Line
Minda and one of France’s leading timber construction companies are currently carrying out an extraordinary project: For Arbonis, a VINCI Group company, a fully automated production line is being built in Chemillé-en-Anjou to manufacture straight…
Forest Service Tackles Roadless Rule
Secretary of Agriculture Brooke Rollins announced the U.S. Forest Service has filed a proposed rule to rescind in its entirety the national 2001 Roadless Area Conservation Rule, a one-size-fits-all restriction that has frustrated land managers…
Hancock Lumber Promotes Matt Duprey To Chief White Pine Officer
Matt Duprey has been promoted to Chief White Pine Officer of Hancock Lumber, effective immediately, according to an announcement by the mill company. This new role reflects both his remarkable career journey and his continued…
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.