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
Weyerhaeuser Continues THRIVE Program
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Weyerhaeuser has announced a commitment to invest $1 million in Raymond, Wash., through the company’s THRIVE program, which was launched in 2023 to provide targeted assistance to five of its rural…
Two More Oregon Mills Go Down: Malheur, W. Cascade Closures
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Two more Oregon sawmill operations have announced imminent closures, extending a run of bad news that began earlier this year and the announcements now make seven mills in the state that…
NHLA Receives Second Grant From Forest Service
National Hardwood Lumber Assn. (NHLA) is proud to announce that it has beenawarded its second $500,000 matching grant from the USDA Forest Service Wood Innovations Program. “We appreciate the USDA Forest Service for recognizing the…
Canfor Announces Transition; Yurkovich Becomes CEO
John Baird, Chairman of the Canfor Corp. Board of Directors, announced today that Don Kayne, President and Chief Executive Officer, plans to retire at the end of the year. Susan Yurkovich has been announced as…
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.