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Deltic Timber history
Deltic Timber company history timeline
Late in 1996, Deltic had implemented a timberland acquisition program designed to allow the company to increase its timber harvest and its inventory.
In June 1997, the company announced plans for developing two new residential communities, one just outside Little Rock and the other just outside Hot Springs.
San Francisco was, at the time, a key financial center and more centrally located for international travel. (Potlatch relocated its headquarters to Spokane, WA in 1997).
1997 and Beyond: Deltic Timber Goes Public and Expands
In 1998, although that division's $16 million in net sales only represented about 15 percent of Deltic's total revenue of $107 million, its operating income was $5 million, or 27 percent of Deltic's overall operating income of $18.3 million.
It was also in 1998 that the Del-Tin MDF plant finally began operations.
In the following year, 1999, the company announced plans to sell or exchange some of its agricultural land in Louisiana in order to acquire additional southern pine timberland.
By 2001, land in the same area was selling for an average of $6,400 an acre for undeveloped land and an average of $85,000 an acre for land within Deltic's Chenal Valley development.
The Company also exited the hardwood lumber business permanently with the 2002 sale of one mill in Arkansas.
In 2002, the Company announced a new tissue manufacturing and converting facility at Las Vegas designed to produce premium quality towels comparable to the best available and added a Midwest converting operation at Chicago
In 2002, the company joined with the Trust for Public Lands in a precedent-setting conservation easement project on Potlatch’s Idaho timberlands.Conservation easements permanently protect land from development and protect fish and wildlife habitat.
Potlatch invested in its lumber operations in Idaho and Arkansas and by 2003 increased overall softwood lumber production by 16 percent.
The machine started up in early January 2004, making an ultra-towel that consumers consider equal to the major brands.
Potlatch converts from a “C” corporation to a Real Estate Investment Trust (REIT) on January 1, 2006 to better position the Company for forestland acquisitions and to offer greater overall value to its shareholders.
In 2013, Deltic purchases the remaining 50% interest in Del-Tin Fiber (MDF).
▶ Enviva Partners LP (EVA) has paid 14 dividends since May 2017.
Washington: The Institute; 33cm X 33cm plastic film box; (Viewable online: https://texasarchive.org/2017_03226).
In 2018 Potlatch merged with Arkansas-based Deltic Timber, the combined company changing its name to PotlatchDeltic Corporation.
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Deltic Timber competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| APT Advanced Polymer Technology Corp | 1994 | $44.1M | 3 | 7 |
| Revere Copper Products | 1801 | $70.0M | 600 | 19 |
| Triangle Brick Company | 1959 | $46.3M | 200 | - |
| Jupiter Aluminum | 1992 | $41.0M | 200 | 8 |
| Keystone Steel & Wire | 1889 | $38.0M | 192 | - |
| Washington Mills | 1868 | $140.0M | 600 | 12 |
| Southern Minnesota Beet Sugar Cooperative | 1972 | $230.0M | 610 | - |
| Rosboro | 1940 | $50.8M | 400 | 4 |
| Priefert | 1964 | $200.0M | 500 | 10 |
| Wieland Copper Products, LLC | 2002 | $140.0M | 540 | - |
Deltic Timber history FAQs
Zippia gives an in-depth look into the details of Deltic Timber, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Deltic Timber. The employee data is based on information from people who have self-reported their past or current employments at Deltic Timber. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Deltic Timber. The data presented on this page does not represent the view of Deltic Timber and its employees or that of Zippia.
Deltic Timber may also be known as or be related to DELTIC TIMBER CORP, Deltic Timber and Deltic Timber Corporation.