|Exchange:||NASDAQ national market|
|Industry:||REIT - Industrial|
|Potlatch Corp. was incorporated in September 2005. The Company is a real estate investment trust. The Company, through its wholly owned taxable subsidiary, Potlatch TRS, operates real estate sales and development business and six wood products manufacturing facilities that produce lumber, plywood and particleboard. Its businesses are organized into three reportable operating segments: Resource; Real Estate; and Wood Products. Resource segment manages its timberlands to optimize revenue producing opportunities while at the same time adhering to the strict stewardship standards. Management activities include planting and harvesting trees and building and maintaining roads, as well as deriving ancillary revenues from hunting and recreation leases, biomass production, mineral rights and various leasing opportunities. The Company also explores other potential sources of revenue such as carbon sequestration. Resource segment manages approximately 1.6 million acres of timberlands that the Company owns in two regions of the United States: the Northern region, consisting of Idaho, Minnesota and Wisconsin timberlands; and the Southern region, consisting of Arkansas timberlands. The activities of Real Estate segment consist mainly of the sale of selected non-core timberland real estate. The segment also plays an active role in negotiations for all timberland acquisitions, and engages in real estate subdivision and development activities through Potlatch TRS. The Company's Wood Products segment manufactures and markets lumber, plywood and particleboard at six mills located in Arkansas, Idaho, Michigan and Minnesota. The Resource segment sells a portion of its logs at market prices to its wood products manufacturing facilities. The segment also sells sawlogs and pulpwood to a variety of forest products companies located near its timberlands. The markets for its timber and wood products are highly competitive, and companies compete with the Company, which have greater financial resources. The Company is subject to extensive federal and state environmental regulation of its wood products manufacturing facilities and timberlands, particularly with respect to air emissions, wastewater discharges, solid and hazardous waste management, site remediation, forestry operations, and threatened and endangered species.|
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