Real estate investment trust (REIT) that owns and manages timberlands and operates wood products manufacturing facilities.
PotlatchDeltic Corporation (NASDAQ: PCH) is a prominent Real Estate Investment Trust (REIT) renowned for its extensive ownership of 1.8 million acres of timberlands spread across Alabama, Arkansas, Idaho, Louisiana, Minnesota, and Mississippi. In addition to its vast timberland holdings, the company operates several key subsidiaries including six sawmills, an industrial-grade plywood mill, and a robust residential and commercial real estate development arm. Furthermore, PotlatchDeltic manages a rural timberland sales program through its taxable REIT subsidiary.
Recognized as a leader in sustainable forest management practices, PotlatchDeltic places a strong emphasis on environmental stewardship, social responsibility, and governance excellence. The company is dedicated to preserving and enhancing the ecological health of its timberlands while ensuring the responsible utilization of natural resources.
PotlatchDeltic's commitment to sustainability extends beyond its operational practices to encompass its business ethos. The company adheres to stringent environmental standards and actively engages in community initiatives aimed at promoting conservation and biodiversity within its operating regions.
With a rich legacy spanning decades in the forestry and real estate sectors, PotlatchDeltic continues to leverage its expertise to deliver sustainable value to shareholders, uphold high standards of corporate governance, and contribute positively to the communities where it operates.