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
Canada, U.S. At Loggerheads Again Over Softwood Lumber
With less than a year to go until the Canada-U.S. Softwood Lumber Agreement expires, lines are being drawn on both sides of the border over the future of lumber trade between the two countries. Canadian…
New Technology Transforms Sawmill Wood Waste Into High-Value Hardwood
Sawmills will soon be able to turn wood waste into high-value hardwood products, helping them increase profits at a difficult time. Company 3RT has partnered with Flinders University to develop a machine that cuts wood…
Universal Forest Products Acquires Texas Lumber Firm
A subsidiary of Grand Rapids-based Universal Forest Products Inc. (UFPI) has acquired certain assets of Dallas-based Bigs Packaging and Lumber LLC, the company announced today. Founded in 2011, Bigs Packaging is a manufacturer of industrial…
Demand For New Hampshire Timber Is Global
Loaded logging trucks: We see them all the time on New Hampshire roads and highways. Have you ever wondered where all those logs are headed? When we explored this question at the Forest Society, the…
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.