PCH
- PotlatchDeltic Corporation
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Overview
Company Summary
PotlatchDeltic Corporation is a timberland real estate investment trust (REIT) that primarily operates in the United States. The company engages in activities related to the ownership and management of timberland properties, as well as the production and sale of timber products.
One of the core activities of PotlatchDeltic is the ownership, acquisition, and management of timberland. The company owns vast amounts of land, particularly in the southern and western regions of the United States. The land is primarily used for growing and harvesting trees, which are then utilized for various purposes.
PotlatchDeltic manages its timberland resources sustainably, meaning that they carefully balance the harvesting of trees with reforestation efforts and environmental protection. This allows the company to ensure the continuation of a renewable and economically viable source of timber.
In addition to managing its timberland assets, PotlatchDeltic operates several manufacturing facilities where it processes harvested timber into a variety of value-added wood products. These products include lumber, plywood, and medium-density fiberboard (MDF), among others. The company then sells these products to a wide range of customers, including contractors, retailers, wholesalers, and distributors.
Furthermore, PotlatchDeltic also engages in real estate development activities. The company leverages its extensive land holdings to identify and develop residential and commercial real estate projects. This business segment focuses on creating value by selling or leasing developed properties.
In summary, PotlatchDeltic Corporation operates as a timberland REIT, primarily involved in the ownership, management, and sustainable harvesting of timberland. The company also manufactures and sells wood products derived from its timber resources and engages in real estate development activities by leveraging its land holdings.