PotlatchDeltic owns nearly 1.8 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.
"Our businesses performed well in the first quarter, taking advantage of the robust market conditions that existed prior to the impact of COVID-19. Our priorities are maintaining the safety of our employees and continuing to operate at a level that maximizes cash flows. Our strong balance sheet and liquidity provide flexibility as we navigate through these challenging times."
Mike Covey - Chairman and CEO