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PotlatchDeltic Corporation [2] (originally Potlatch Corp) is an American diversified forest products company based in Spokane, Washington.. It manufactures and sells lumber, panels and particleboard and receives revenue from other assets such as mineral rights and the leasing of land as well as the sale of land considered expendable.
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PotlatchDeltic (PCH) is poised to gain from solid housing fundamentals and lumber demand.
For several years from 1980 until the mid-1980s, Potlatch also owned and operated 45 miles of adjoining former Milwaukee Road trackage, between St. Maries and Avery, Idaho, as a private logging railroad that connected with the St. Maries River Railroad. The federal government condemned the logging line between St. Maries and Avery in the mid ...
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The analyst also noted the company raised its full-year 2018 adjusted EBITDA guidance, citing the run-up in lumber prices. Commenting on the Deltic integration, the analyst said Potlatchdeltic ...