Articles from PotlatchDeltic Corporation

PotlatchDeltic Corporation (the “Company”) (Nasdaq: PCH) today announced that it has entered into a mineral lease agreement (the “Lease”) with TETRA Brine Leaseco LLC. (“TETRA”). The Company has granted TETRA exclusive rights to conduct brine exploration and production on approximately 900 surface acres in Lafayette County, Arkansas, within a higher-grade area in the Smackover Formation rich in lithium reserves. The lease anticipates an initial five-year term for planning, engineering, and construction before potential production begins. In addition to lease payments for the duration of the lease, the lease provides for: (1) future production payments for bromine; and (2) royalty payments for the profitable extraction of lithium, with reference to the rate to be set by the Arkansas Oil and Gas Commission.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $5.2 million, or $0.07 per diluted share, on revenues of $258.1 million for the quarter ended December 31, 2024. Net loss was $0.1 million, or $0.00 per diluted share, on revenues of $254.5 million for the quarter ended December 31, 2023.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for its dividend distributions made in 2024 on the company’s Common Stock (CUSIP# 737630103).

PotlatchDeltic Corporation (Nasdaq: PCH) will release fourth quarter earnings on Monday, January 27, after the market closes. The company will hold a live conference call and webcast on Tuesday, January 28 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable December 31, 2024 to stockholders of record on December 16, 2024.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $3.3 million, or $0.04 per diluted share, on revenues of $255.1 million for the quarter ended September 30, 2024. Net income was $23.7 million, or $0.29 per diluted share, on revenues of $265.5 million for the quarter ended September 30, 2023. Excluding an after-tax gain on insurance recoveries, adjusted net income was $11.4 million, or $0.14 per diluted share for the third quarter of 2023.

PotlatchDeltic Corporation (Nasdaq: PCH) will release third quarter earnings on Monday, October 28, after the market closes. The company will hold a live conference call and webcast on Tuesday, October 29 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) PotlatchDeltic has completed the planned downtime at the Waldo, Arkansas sawmill to tie-in equipment for the modernization and expansion project. The modernization project construction has been completed and the facility is beginning its ramp-up phase, and it is anticipated that it will take 6 to 12 months to reach the mill’s new dimensional lumber capacity of 275 million board feet per year. The Waldo modernization and expansion project is a $131 million strategic investment that is expected to increase the mill’s annual capacity by 85 million board feet, improve recovery by 6%, and reduce cash processing costs by approximately 30%. Once the ramp-up phase is completed, the mill is expected to generate approximately $25 million incremental Adjusted EBITDDA annually under a mid-cycle sales environment and an internal rate of return of approximately 22% in our base case.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable September 30, 2024 to stockholders of record on September 13, 2024.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $13.7 million, or $0.17 per diluted share, on revenues of $320.7 million for the quarter ended June 30, 2024. Net income was $22.3 million, or $0.28 per diluted share, on revenues of $246.1 million for the quarter ended June 30, 2023. Excluding after-tax special items consisting of gain on insurance recoveries and CatchMark merger-related expenses, adjusted net income was $5.2 million, or $0.06 per diluted share, for the second quarter of 2023.

PotlatchDeltic Corporation (Nasdaq: PCH) will release second quarter earnings on Monday, July 29, after the market closes. The company will hold a live conference call and webcast on Tuesday, July 30 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) today released its 2023 Corporate Responsibility Report. The Report highlights PotlatchDeltic’s 2023 corporate responsibility accomplishments, linking them with the United Nations Sustainable Development Goals.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today Eric J. Cremers, president and chief executive officer, and Wayne Wasechek, vice president and chief financial officer, will provide a company overview to investors at the REITweek Conference in New York, June 4, 2024 at approximately 4:30 pm Eastern Time.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable June 28, 2024 to stockholders of record on June 7, 2024.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported a net loss of $0.3 million, or $0.00 per diluted share, on revenues of $228.1 million for the quarter ended March 31, 2024. Net income was $16.3 million, or $0.20 per diluted share, on revenues of $258.0 million for the quarter ended March 31, 2023. Excluding CatchMark merger-related expenses, adjusted net income was $18.5 million, or $0.23 per diluted share, for the first quarter of 2023.

PotlatchDeltic Corporation (Nasdaq: PCH) will release first quarter earnings on Monday, April 29, after the market closes. The company will hold a live conference call and webcast on Tuesday, April 30 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today Eric J. Cremers, president and chief executive officer and Wayne Wasechek, vice president and chief financial officer, will provide a company overview to investors at two upcoming Investor Conferences.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable March 29, 2024 to stockholders of record on March 8, 2024.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported a net loss of $0.1 million, or $0.00 per diluted share, on revenues of $254.5 million for the quarter ended December 31, 2023. Net income was $3.8 million, or $0.05 per diluted share, on revenues of $253.1 million for the quarter ended December 31, 2022. Excluding after tax special items consisting of CatchMark merger-related expenses and an environmental charge, adjusted net income was $9.3 million, or $0.12 per diluted share, for the fourth quarter of 2022.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for its dividend distributions made in 2023 on the company’s Common Stock. The dividend distributions of $1.80 per share are classified for income tax purposes as follows: $1.3124 (72.9%) of Capital Gain Distributions (long-term 20% rate) and $0.4876 (27.1%) as a Non-dividend Distribution (return of capital).

PotlatchDeltic Corporation (Nasdaq: PCH) will release fourth quarter earnings on Monday, January 29, after the market closes. The company will hold a live conference call and webcast on Tuesday, January 30 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $23.7 million, or $0.29 per diluted share, on revenues of $265.5 million for the quarter ended September 30, 2023. Excluding an after-tax gain on insurance recoveries, adjusted net income was $11.4 million, or $0.14 per diluted share for the third quarter of 2023. Net income was $46.0 million, or $0.64 per diluted share, on revenues of $306.7 million for the quarter ended September 30, 2022. Excluding an after-tax gain on insurance recoveries and CatchMark merger-related expenses, adjusted net income was $53.2 million, or $0.74 per diluted share, for the third quarter of 2022.

PotlatchDeltic Corporation (Nasdaq: PCH) today issued its second Carbon and Climate Report. The report quantifies the estimated carbon removals, storage, and greenhouse gas emissions associated with our operations in 2022. In addition, the report evaluates the potential physical impacts of temperature and precipitation changes under various climate change scenarios on our Southeast timberlands and the timberlands in our procurement regions for our Bemidji, Minnesota and Gwinn, Michigan sawmills.

PotlatchDeltic Corporation (Nasdaq: PCH) will release third quarter earnings on Monday, October 30, after the market closes. The company will hold a live conference call and webcast on Tuesday, October 31 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable September 29, 2023 to stockholders of record on September 15, 2023.

PotlatchDeltic Corporation (Nasdaq: PCH) today announced the appointment of Wayne Wasechek as Vice President, Chief Financial Officer, effective immediately. Wasechek has served as Interim Vice President, Chief Financial Officer and Chief Accounting Officer, since April 19, 2023.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $22.3 million, or $0.28 per diluted share, on revenues of $246.1 million for the quarter ended June 30, 2023. Excluding after-tax special items consisting of gain on insurance recoveries and CatchMark merger-related expenses, adjusted net income was $5.2 million, or $0.06 per diluted share for the second quarter of 2023. Net income was $120.2 million, or $1.72 per diluted share, on revenues of $359.6 million for the quarter ended June 30, 2022. Excluding an after-tax gain on insurance recoveries, adjusted net income was $112.9 million, or $1.61 per diluted share for the second quarter of 2022.

PotlatchDeltic Corporation (Nasdaq: PCH) will release second quarter earnings on Monday, July 31, after the market closes. The company will hold a live conference call and webcast on Tuesday, August 1 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) today released its 2022 Environmental, Social, and Governance (ESG) Report. The Report highlights PotlatchDeltic’s ESG strategy and 2022 ESG accomplishments, linking them with the United Nations Sustainable Development Goals.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable June 30, 2023 to stockholders of record on June 2, 2023.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $16.3 million, or $0.20 per diluted share, on revenues of $258.0 million for the quarter ended March 31, 2023. Excluding CatchMark merger-related expenses, adjusted net income was $18.5 million, or $0.23 per diluted share for the first quarter of 2023. Net income was $163.9 million, or $2.35 per diluted share, on revenues of $411.4 million for the quarter ended March 31, 2022. Excluding after tax special items consisting of a non-cash pension settlement charge and a loss on fire damage, adjusted net income was $174.6 million, or $2.50 per diluted share for the first quarter of 2022.

PotlatchDeltic Corporation (Nasdaq: PCH) today announced that Jerry Richards will relocate to accept an opportunity with another company. Mr. Richards has resigned as the Company’s Vice President and Chief Financial Officer, effective April 19, 2023 and he will be focused on ensuring a smooth transition through his final day on May 12, 2023. Mr. Richards joined the Company in 2013.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today Eric J. Cremers, president and chief executive officer and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at two upcoming Investor Conferences.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable March 31, 2023 to stockholders of record on March 3, 2023.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $3.8 million, or $0.05 per diluted share, on revenues of $253.1 million for the quarter ended December 31, 2022. Excluding after tax special items consisting of CatchMark merger related expenses and an environmental charge, adjusted net income was $9.3 million, or $0.12 per diluted share for the fourth quarter of 2022. Net income was $39.2 million, or $0.58 per diluted share, on revenues of $248.4 million for the quarter ended December 31, 2021. Excluding a net loss on fire damage, adjusted net income was $39.9 million, or $0.59 per diluted share for the fourth quarter of 2021.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for CatchMark Timber Trust, Inc.’s (NYSECTT) dividend distributions made in 2022 on CatchMark’s Common Stock (CUSIP# 14912Y202). In 2022, CatchMark paid a total of $0.15 per share in cash dividends prior to completing its merger with PotlatchDeltic Corporation on September 14, 2022.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for its dividend distributions made in 2022 on the company’s Common Stock (CUSIP# 737630103).

PotlatchDeltic Corporation (Nasdaq: PCH) will release fourth quarter earnings on Monday, January 30, after the market closes. The company will hold a live conference call and webcast on Tuesday, January 31 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) today announced it has established a 2030 greenhouse gas (GHG) emissions reduction target for Scope 1 and Scope 2 emissions of 42 percent and a Scope 3 value chain GHG emissions reduction target of 25 percent from a 2021 baseline. The targets are in accordance with the non-FLAG Science Based Targets Initiative (SBTi) to keep global temperature increases to less than 1.5°C compared to pre-industrial levels and a commitment letter will be submitted to SBTi for validation in 2023. Key components of the initiative include increased utilization of wood residuals, electrification of mobile equipment, energy efficiency efforts, the purchase of green power from electricity suppliers, and working with our value chain. The Company also committed to a goal to achieve net-zero GHG emissions by 2050, including the development of non-FLAG SBTi 2050 GHG reduction targets.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a Special Dividend on the Company's common stock. The distribution of $0.95 per share is payable December 30, 2022 to stockholders of record on December 21, 2022.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $46.0 million, or $0.64 per diluted share, on revenues of $306.7 million for the quarter ended September 30, 2022. Excluding after tax special items consisting of a gain on insurance recoveries and CatchMark merger related expenses, adjusted net income was $53.2 million, or $0.74 per diluted share for the third quarter of 2022. Net income was $65.7 million, or $0.97 per diluted share, on revenues of $287.3 million for the quarter ended September 30, 2021. Excluding an after-tax gain on insurance recoveries, adjusted net income was $62.4 million, or $0.92 per diluted share for the third quarter of 2021.

PotlatchDeltic Corporation (Nasdaq: PCH) will release third quarter earnings on Monday, October 24, after the market closes. The company will hold a live conference call and webcast on Tuesday, October 25 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) today issued its inaugural Carbon and Climate Report. The report quantifies the carbon removals, storage, and greenhouse gas emissions associated with our operations in 2021. Overall, PotlatchDeltic is significantly carbon negative as 2021 net carbon removals and storage exceed our scope 1, 2, and 3 greenhouse gas emissions. In addition, the report evaluates the potential physical impacts of temperature and precipitation changes on our Idaho and Gulf South timberlands under various climate change scenarios.

PotlatchDeltic Corporation (Nasdaq: PCH) (“PotlatchDeltic”) announced today the successful completion of the previously announced merger of CatchMark Timber Trust, Inc. (“CatchMark”) with PotlatchDeltic in an all-stock transaction, creating a leading integrated timber REIT. All closing conditions have been met.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today that its Board of Directors approved a new $200 million share repurchase program. This program replaces the existing $100 million share repurchase program authorized in August 2018.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.44 per share is payable September 30, 2022 to stockholders of record on September 20, 2022.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $120.2 million, or $1.72 per diluted share, on revenues of $359.6 million for the quarter ended June 30, 2022. Excluding an after-tax gain on insurance recoveries, adjusted net income was $112.9 million, or $1.61 per diluted share for the second quarter of 2022. Net income was $187.9 million, or $2.77 per diluted share, on revenues of $447.5 million for the quarter ended June 30, 2021.

PotlatchDeltic Corporation (Nasdaq: PCH) will release second quarter earnings on Monday, July 25, after the market closes. The company will hold a live conference call and webcast on Tuesday, July 26 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) today announced that it is investing $131 million to expand and modernize its Waldo sawmill located in Columbia County, Arkansas. The project will increase the mill’s annual capacity from 190 million board feet of dimensional lumber to approximately 275 million board feet. The investment will also reduce the mill’s operating costs significantly.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today Eric J. Cremers, president and chief executive officer and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at the REITweek Conference in New York, June 8, 2022 at approximately 12:30 pm Eastern Time.

PotlatchDeltic Corporation (Nasdaq: PCH) (“PotlatchDeltic”) and CatchMark Timber Trust, Inc. (NYSECTT) (“CatchMark”) today announced that they have entered into a definitive agreement to combine in an all-stock transaction. The acquisition by PotlatchDeltic will strengthen and diversify a leading integrated timber REIT and continue to enhance shareholder value.

PotlatchDeltic Corporation (Nasdaq: PCH) today released its 2021 Environmental, Social, and Governance (ESG) Report. The Report reflects PotlatchDeltic’s commitment to environmental stewardship, the human experience, supporting its communities, and creating sustainable value.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.44 per share is payable June 30, 2022 to stockholders of record on June 3, 2022.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $163.9 million, or $2.35 per diluted share, on revenues of $411.4 million for the quarter ended March 31, 2022. Excluding after tax special items consisting of a non-cash pension settlement charge and a net loss on fire damage, adjusted net income was $174.6 million, or $2.50 per diluted share for the first quarter of 2022. Net income was $131.1 million, or $1.94 per diluted share, on revenues of $354.2 million for the quarter ended March 31, 2021.

PotlatchDeltic Corporation (Nasdaq: PCH) will release first quarter earnings on Monday, April 25, after the market closes. The company will hold a live conference call and webcast on Tuesday, April 26 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today that Eric J. Cremers, president and chief executive officer, and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at three upcoming Investor Conferences.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $39.2 million, or $0.58 per diluted share, on revenues of $248.4 million for the quarter ended December 31, 2021. Excluding a net loss on fire damage, adjusted net income was $39.9 million, or $0.59 per diluted share for the fourth quarter of 2021. Net income was $100.0 million, or $1.48 per diluted share, on revenues of $337.4 million for the quarter ended December 31, 2020.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for its dividend distributions made in 2021 on the company’s Common Stock (CUSIP# 737630103).

PotlatchDeltic Corporation (Nasdaq: PCH) will release fourth quarter earnings on Monday, January 31, after the market closes. The company will hold a live conference call and webcast on Tuesday, February 1 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today a merger with Loutre Land and Timber Company (“Loutre”). PotlatchDeltic issued 1.96 million shares of common stock and assumed debt of $6.6 million in exchange for Loutre’s 51,340 acres of high-quality, well-stocked timberlands in southern Arkansas and northern Louisiana.

PotlatchDeltic Corporation (Nasdaq: PCH) today announced that it has been recognized as one of “America’s Most Responsible Companies 2022” by Newsweek. This prestigious award recognizes the top 500 most responsible companies in the United States across 14 industry categories. PotlatchDeltic was ranked 209 on the overall list.

The board of directors of PotlatchDeltic Corporation (NASDAQPCH) declared a Special Dividend on the Company's common stock. The distribution of $4.00 per share is payable December 31, 2021 to stockholders of record on December 22, 2021.

PotlatchDeltic Corporation (Nasdaq: PCH) today announced the election of Anne L. Alonzo to PotlatchDeltic’s Board of Directors, effective today.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $65.7 million, or $0.97 per diluted share, on revenues of $287.3 million for the quarter ended September 30, 2021. Excluding a net gain on insurance recoveries, Adjusted Net Income was $62.4 million, or $0.92 per diluted share for the third quarter of 2021. Net income was $81.0 million, or $1.20 per diluted share, on revenues of $313.0 million for the quarter ended September 30, 2020.

PotlatchDeltic Corporation (Nasdaq: PCH) will release third quarter earnings on Monday, October 25, after the market closes. The company will hold a live conference call and webcast on Tuesday, October 26 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq: PCH) today announced changes to public access to its Idaho timberlands. Due to recent rainfall and lower temperatures in the region, fire risk has declined. As a result, the temporary motorized vehicle ban announced on July 22 has been lifted effective Monday, September 20. Motorized recreational vehicle use on Idaho property is permitted, except for a temporary restriction in cooperation with Idaho Department of Lands on the Bingo Creek Road. Campfires are permitted at leased campsites, however, campfires in other locations remain banned until the open burning season starts on October 20th per our regular policy. PotlatchDeltic urges all visitors to Idaho’s forests to exercise extreme caution in regards to fire while recreating. Additional information can be found on our Idaho recreation website.

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.41 per share is payable September 30, 2021 to stockholders of record on September 15, 2021.

PotlatchDeltic Corporation (Nasdaq: PCH) today announced changes to public access to its Idaho timberlands. Due to recent rainfall and lower temperatures in the region, fire risk has declined. As a result, the temporary public access ban announced on July 22 will be lifted effective Friday, August 27. PotlatchDeltic timberlands will be open for recreational activities, including camping, hunting and fishing, in accordance with company recreation policies. Campfires remain banned and motorized recreational vehicle use on Idaho property will be restricted to open, ungated roads only. No motorized recreational vehicles, including ATVs and motorcycles, are allowed behind gates. PotlatchDeltic urges all visitors to Idaho’s forests to exercise extreme caution in regards to fire while recreating. Additional information can be found on our Idaho recreation website.

PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $187.9 million, or $2.77 per diluted share, on revenues of $447.5 million for the quarter ended June 30, 2021. Net income was $2.6 million, or $0.04 per diluted share, on revenues of $181.6 million for the quarter ended June 30, 2020.

PotlatchDeltic Corporation (Nasdaq: PCH) today announced changes to public access to its Idaho timberlands. Due to severe fire danger in the region, effective immediately and until further notice, all public use of PotlatchDeltic privately-owned timberlands for recreation is suspended. The extreme fire season and continued dry conditions in Idaho are stressing available firefighting resources and risking public safety, property, and impacting wildlife. As a result, PotlatchDeltic has taken the unusual step of closing public access to its ownership areas, including the use of PotlatchDeltic roads and walk-in access. Leased campsites must be vacated before August 1, 2021. The temporary closure is permitted under the access terms in the Idaho Department of Fish and Game’s Large Tracts Program. Several other area landowners who participate in the Program have also recently suspended access due to the excessive fire danger. PotlatchDeltic continues to believe that managing our lands and allowing others to enjoy them are not mutually exclusive and that the majority of our lands should be available to the public for a wide range of uses. We look forward to removing the Idaho closure once fire conditions have abated. PotlatchDeltic urges all visitors to Idaho’s forests to exercise extreme caution in regards to fire while recreating this summer. Additional information can be found on our Idaho recreation website.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today the appointment of Ashlee Cribb as Vice President, Wood Products effective July 28. Ashlee succeeds Tom Temple, who will be retiring later this year.

PotlatchDeltic Corporation today announced several changes to its Idaho Recreation Program. Due to severe fire danger in the region, effective immediately and until further notice, all motorized recreational vehicle use on its property in the State of Idaho is restricted to open, ungated roads only. No motorized recreational vehicles, including ATVs and motorcycles, are allowed behind gates. Additional changes due to the fire risk include the temporary curtailment of ORV and 14-day camping permit sales. Campfires and open burning are currently banned. PotlatchDeltic urges all visitors to Idaho’s forests to exercise extreme caution in regards to fire while recreating this summer.

PotlatchDeltic Corporation (Nasdaq: PCH) will release second quarter earnings on Monday, July 26, after the market closes. The company will hold a live conference call and webcast on Tuesday, July 27 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.

PotlatchDeltic Corporation (Nasdaq:PCH) today confirmed that a fire occurred at its Ola, Arkansas sawmill on the morning of Sunday June 13. The Ola and Galla Rock Fire Departments responded quickly and brought the fire under control. There were no injuries reported from the fire or environmental issues. The damage was principally to the primary log breakdown area of the mill. The planer mill, kiln, and shipping department were not affected. Processing of existing rough lumber inventories will be completed as soon as possible. A determination regarding downtime and costs to repair the Ola mill will be made as the extent of damage is fully assessed. We are preparing an insurance claim, including business interruption. PotlatchDeltic log deliveries will be diverted to other mills in the area as much as possible, however harvesting operations may be impacted.

PotlatchDeltic Corporation (Nasdaq:PCH) announced today that Eric J. Cremers, president and chief executive officer, and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at Nareit’s REITweek: 2021 Virtual Investors Conference, June 9, 2021, at approximately 4:00 pm Eastern Time. In order to view the presentation live or on-demand, you must register for the conference on the REITweek website.