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
Proposed California Pellet Mills Refocusing
Numerous environmental groups are gleefully self-praising over the announcement that Golden State Natural Resources (GSNR) is backing away from building two large industrial wood pellet mills in California—a mill in the central Sierras in Tuolumne…
Rayonier Fights City Of Fernandina Beach Over Bioethanol Production
Rayonier Performance Fibers, LLC (also known as RYAM or Rayonier Advanced Materials) has filed lawsuits against the city of Fernandina Beach, Fla. and the board of City Commissioners for what Rayonier says was an illegal…
Western Forest Products Columbia Vista Mill Sustains Major Fire Damage
Longtime lumber producer Columbia Vista in Vancouver, Wa. sustained major damage in a July 6 fire that has left the mill completely inoperable. According to firefighter reports, a fire started in the maintenance building that…
Forisk Promotes Amanda Lang To President & COO
Forisk Consulting, a leading provider of forestry industry analytics and research, has announced further growth and updates to its leadership team. Amanda Lang has been promoted to President & Chief Operating Officer, with oversight of…
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.