About PCH

PotlatchDeltic owns nearly 2.2 million acres of timberland and operates seven manufacturing facilities that produce lumber and plywood. We unlock value in lands that have a higher and better use than timberland and continue to grow our timber base. Through sustainable stewardship of our resources and efficient production at our facilities, we strive to provide economic benefit to the communities in which we operate and superior returns to our shareholders.

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“Our business segments delivered solid operational performance in the first quarter despite various market and weather-related challenges,” said Eric Cremers, President and Chief Executive Officer. “Additionally, during the quarter we capitalized on market opportunities to enhance shareholder value by acquiring high-quality mature timberland and agreeing to divest young-aged timberland at a sales price that is at a significant premium to our timberland value. Our strong balance sheet and liquidity provide flexibility as we navigate through the current economic environment and we remain committed to our disciplined capital allocation strategy to drive value for our shareholders over the long term,” stated Mr. Cremers.

Eric Cremers - President and CEO

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