Potlatch Corp.
From Wikipedia, the free encyclopedia
Potlatch Corporation NYSE: PCH is an American diversified forest products company based in Spokane, Washington. Its products include lumber and panels, bleached pulp, paperboard and consumer tissue. It has approximately 4,100 employees.
| Financial Information | |||||
|---|---|---|---|---|---|
| 2005 | 2004 | 2003 | 2002 | 2001 | |
| Total Revenue (US$M) | 1,496.1 | 1,351.4 | 1,192.4 | 1,286.2 | 1,752.0 |
| Net Income (Loss) (US$M) | 32.9 | 271.2 | 50.7 | (234.4) | (79.4) |
In 2002, Potlatch sold its Cloquet, Minnesota pulp and printing papers facilities and associated assets to Sappi Limited for US$480 million. This sale marked its exit from the coated printing papers business.
In 2006, Potlatch restructured to form a REIT. In this restructuring all of the companies manufacturing operations are held by a wholly owned subsidiary and will allow the company to refocus on managing their large land holdings in Oregon, Idaho, Minnesota, and Georgia.
