What are Potlatchdeltic's Business Segments?
PotlatchDeltic Corporation is a leading real estate investment trust (REIT) and forest products company based in the United States. The company operates in two main business segments: Resource and Wood Products.
Resource Segment: The Resource segment is responsible for managing PotlatchDeltic's growing timberland assets, which consist of approximately8 million acres of timberland in Alabama, Arkansas, Idaho, Louisiana, Minnesota, and Mississippi. The Resource segment provides a large portfolio of sustainable, high-quality, and resilient timberlands that are managed with a focus on responsible stewardship practices.
Products and Services: The Resource segment offers a wide range of forest products and related services including: - Timber harvest and land management: PotlatchDeltic's team of professional forest managers provides timber harvest services to private firms, utility companies, and government agencies. - Real estate marketing and sales: The company offers properties including commercial, residential, and recreational real estate in the United States. - Environmental services: PotlatchDeltic is committed to sustainable resource management, and provides environmental conservation and restoration services like wetland mitigation and carbon sequestration.
Wood Products Segment: The Wood Products segment involves the manufacturing and distribution of lumber, plywood, and oriented strand board (OSB). PotlatchDeltic operates six manufacturing facilities and a laminated veneer lumber plant, which are strategically located near the company's timberland assets.
Products and Services: The Wood Products segment offers a wide range of products including: - Lumber: PotlatchDeltic's mills produce quality lumber products including dimensional lumber, studs, and boards which are sold to various building material distribution companies, wholesalers, and retailers across the United States. - Plywood: The company produces a variety of high-quality plywood products used in construction applications such as decking, wall sheathing, roofing, and flooring. - OSB: PotlatchDeltic manufactures OSB used for sheathing, flooring, and roofing applications.
In conclusion, PotlatchDeltic offers a diverse portfolio of forest products and services, including timberland management, sustainable resource management, environmental services, and wood product manufacturing and sales. The company's commitment to responsible stewardship practices reflects its ethos of sustainability and transparency.
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