PotlatchDeltic owns nearly 1.9 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.
"We remain optimistic that lumber prices will improve in the near term once the delayed building season gets underway in earnest. Strong builder confidence, the recent drop in mortgage rates, stronger new home sales and solid growth in repair and remodel spending all underpin our confidence."
Mike Covey - Chairman and CEO