Potlatchdeltic Corp at Bank of America Agriculture and Materials Conference (Virtual) Transcript

Mar 03, 2022 / 01:10PM GMT
John Plimpton Babcock - BofA Securities, Research Division - VP

Good morning, everyone. Today, we have PotlatchDeltic here. Eric Cremers is the President and CEO; and also Jerry Richards, the CFO. And Eric, I think, we'll start with some quick remarks about the company, and then we'll move on to Q&A.

Eric J. Cremers - PotlatchDeltic Corporation - President, CEO & Director

Yes. Thanks, John, and good morning, everyone. So like said, I'm Eric Cremers, I'm with PotlatchDeltic, I'm the CEO. Jerry Richards is the CFO. PotlatchDeltic is the third largest timber REIT in the United States. We have 3 business segments that we operate in.

The first one is our Timberlands segment, with 1.8 million acres of timberland, about 600,000 acres up in Idaho and 1.2 million acres down in the U.S. Southeast, Arkansas, Mississippi and Alabama. We harvest about 6 million tons of logs per year on a sustainable basis, and we replant 22 million seedlings per year.

Our Wood Products segment consists of 7 mills around the country, 6 sawmills producing lumber and

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