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
North American Timber Harvests Up For Fourth Consecutive Year
Timber harvests in North America were up for the fourth consecutive year in 2013, reaching 510 million m3, based on analysis by WRI (Wood Resource International). Despite an annual increase of three percent each of…
U.S. Lumber Prices Soften In Seasonal Slowdown
U.S. lumber prices softened in mid-September on a seasonal lull in construction industry orders during another year in which hopes for strong gains in housing starts were disappointed, industry experts said. The framing lumber composite…
Washington’s Simpson Lumber Company Explores Possible Sale
Privately owned Simpson Lumber Co. with mills in Tacoma, Longview and Shelton and the Southeast, is on the sale block. The Tacoma-based company has hired a financial adviser to explore the possibility of selling the…
New Arizona Sawmill Brings Jobs, Helps Thin Forests
A new Arizona sawmill opened Monday west of Flagstaff after two years of planning. Newpac Fibre, LLC opened its sawmill in Williams at the location of a former sawmill site that closed in 1995. 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.