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
U.S. Lumber Lobby Threatens To Thwart Canada In Trade Deal
The powerful softwood lumber lobby in the United States is suggesting it could thwart Canada’s efforts to join a Pacific free trade zone if its neighbor refuses to address long-standing irritants. Zoltan van Heyningen, executive…
U.S. Claims B.C. Loggers Violating Softwood Lumber Deal
The American lumber lobby says the B.C. government has been under-charging coastal forest companies for timber harvested on Crown lands to the tune of $70 million a year. And that throws into question the accuracy…
Boise Kinzua Sawmill
PILOT ROCK, Ore. – When it acquired the northeast Oregon mill here three years ago, Boise Cascade LLC sought to avoid the impression of big corporate culture “taking over” the facility, says Plant Superintendent Mike…
Idaho’s Emerald Forest Products Begins Reopening Process
May 15 is the estimated startup date for the Emerald Forest Products sawmill, according to owner Dick Vinson. “There’s lots of work going on at the site,” Vinson said. This includes completing a new stack…
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.