LEARN MORE ABOUT
Wood Products
SCROLL TO TO LEARN MORE
Wood Products Facilities Are Located Close to Major End Markets
1 | Capacity as of December 31, 2021; Capacity represents the proven annual production capabilities of the facility under normal operating conditions and producing a normal product mix. Excludes overtime.
2 | In June 2021, a fire occurred in the sawmill’s large-log primary breakdown machine center. Reconstruction is underway and we expect to restart the large-log line in the third quarter of 2022. The sawmill’s annual capacity is estimated to be
150 MMBF after the start-up phase is completed in 2023. Actual production was averaging approximately 130 MMBF prior to the fire.
Our Wood Products Capacity is Growing with Acquisitions and Productivity Improvements
PCH Lumber Volumes are Growing
1 | Shipping during 2021 was impacted by a fire at our Ola, Arkansas sawmill in June 2021. 2021 shipments are pro forma to include an estimate of our Ola, Arkansas sawmill’s shipments had the fire not occurred in June 2021.
North American Lumber Supply
Lumber Production by Region
Canadian Share of U.S. Market
1 | Source: FEA.
Lumber Production Shifting to the U.S. South
Annual Change in Lumber Production 2018-2021
1
1 | Source: FEA.
Continuous Capital Investments that Meet Hurdle Rates, Improve Productivity, Lower Costs, and Reduce Environmental Impact
Ola Sawmill Rebuild Should Increase Production and Lower Cash Processing Costs
Key Capital Projects
1 | Large-log line: $8M in 2021 and $13-$15M in 2022. Log singulator: $1.6M in 2021 and $2.2M in 2022. Trimmer optimization: $0.6M in 2021 and $1.1M in 2022.
We are Relentlessly Focused on Continuously Improving our Environmental Performance
Wood Products Segment EBITDDA
1 | Non-GAAP measure; reconciliation to GAAP and definition can be found in the financial performance and appendix sections.
2 | Deltic included for 10 months in 2018.
3 | YTD as of March 31.