PotlatchDeltic Redoing Waldo
PotlatchDeltic Corp. is investing $131 million to expand and modernize its sawmill located in Waldo, Ark. The project will increase the mill’s annual production capacity from 190MMBF of southern yellow pine dimension lumber to 275MMBF. The company states that the investment will reduce the mill’s operating costs significantly.
“The Waldo investment is an exciting strategic growth opportunity and it will position the mill among the lowest cost producers in the U.S. South,” comments Eric Cremers, President and CEO. “The project reflects our belief that housing fundamentals will remain strong.”
The existing mill will continue to operate during the project. Work on site will begin in the third quarter of 2023 and is expected to be completed by the end of 2024.
PotlatchDeltic owns three sawmills and nearly 950,000 acres of timberland in Arkansas.
Latest News
Florida’s Klausner Lumber Temporarily Lays Off Employees, Idles Sawmill
On Friday, Klausner Lumber One announced that it would temporarily layoff some of its employees and idle the sawmill. Employees will continue to receive benefits during the temporary layoff, which is expected to last one month or less, according to a release written...
Have A Question?
Send Us A Message