Company Strategy & Fundamentals - PotlatchDeltic has the highest direct leverage to lumber prices among timber REITs[4] - The company's strategy leverages favorable fundamentals in US housing, including housing starts, building permits, and existing home sales[4] - Timberlands provide stability, capturing incremental land value and offering working forest benefits[4] Timberlands Segment - PotlatchDeltic owns 1.9 million acres of high-quality timberlands[6,7] - The company plants approximately 25 million seedlings every year, managing timberlands on a long-term sustainable basis[7] - The company has 86 million tons of merchantable timber inventory, with 64% being sawlogs[11,12] - In Idaho, sawlogs represent 90% of the harvest volume, and about 70% of sawlog prices are indexed to lumber prices[16] Wood Products Segment - PotlatchDeltic ranks as a top-10 lumber producer in the U S with 1 2 billion board feet of capacity[6,20] - Lumber shipments have increased by 60% in six years due to high-return capital projects and acquisitions[20] Real Estate Segment - The company has identified approximately 210,000 rural acres for sale at a premium to timberland value[23] - The company owns a 4,800-acre master-plan community in Little Rock, Arkansas, with approximately 65% of residential lots sold and 54% of commercial acres sold[23] Capital Allocation - Returning cash to shareholders through a sustainable and growing dividend is a key capital allocation strategy[25] - The company repurchased $25 million of shares in the first half of 2019 at $37 per share[28] - The dividend per share has increased by 29% since 2012, reaching $1.60 in 2019[27]

Financial Highlights - Total Adjusted EBITDDA reached $1354 million, reflecting historic lumber prices and record quarterly harvest volume[13] - Cash Available for Distribution (CAD) was $174 million for the trailing twelve months ended September 30, 2020[7] - $96 million was returned to shareholders YTD 2020[9] - Liquidity stood at $528 million as of September 30, 2020[12] Segment Performance - Timberlands Adjusted EBITDDA was $597 million, driven by 17 million tons harvested[11] - Wood Products Adjusted EBITDDA was $817 million, with 291 MMBF lumber shipped[11] - Real Estate Adjusted EBITDDA was $134 million, including the sale of 11K rural acres and 26 residential lots[11] Timberlands - Northern Region - Northern Timberlands Adjusted EBITDDA increased to $428 million in Q3 2020[25] - Northern sawlog harvest volume increased to 555 thousand tons[23, 26] - Northern sawlog price increased to $131 per ton[23, 26] Timberlands - Southern Region - Southern sawlog harvest volume increased to 578 thousand tons[30, 35] - Southern pulpwood harvest volume increased to 463 thousand tons[34, 35] - Southern sawlog price increased to $44 per ton[30, 35] Wood Products - Average lumber price was $637 per MBF in Q3 2020, a 55% increase from Q2 2020[40] - Lumber shipments increased 17% to 291 MMBF in Q3 2020[40, 42] Real Estate - 11,048 rural acres were sold at an average price of $1,202 per acre[16, 51, 53] - 26 residential lots were sold at an average price of $83,000 per lot[16, 51, 58]

DELSON, Quebec, July 10, 2025 (GLOBE NEWSWIRE) -- Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced today its financial results for the second quarter ended May 31, 2025. For the three months ended May 31, 2025, the Company reported net earnings of $2.5 million or $0.29 per share compared to net earnings of $5.3 million or $0.62 per share a year ago. Consolidated sales were $152.9 million compared to $140.3 million last year. For the six months ended May 31, 2025, the Company reported net ...

Core Viewpoint - Goodfellow Inc. has appointed Suzanne Blanchet to its Board of Directors, which is expected to enhance the company's strategic initiatives and support management in maintaining its industry leadership [1][2]. Company Overview - Goodfellow Inc. is a diversified manufacturer of value-added lumber products and a wholesale distributor of building materials and floor coverings, serving both commercial and residential sectors across Canada and the Northeastern U.S. [4]. Board Appointment Details - Suzanne Blanchet brings extensive management and board experience, having served on multiple boards, including GDI Integrated Facility Services Inc. and Velan Inc., where she chaired the Audit Committee [3]. - Blanchet has a notable history at Cascades Inc., where she was President of Cascades Tissue Group from 1997 to 2014, leading it to become the fourth-largest tissue paper manufacturer in North America [3]. - She has received several accolades, including the Golden Stevie Award for Executive of the Year in Canada in 2013, and an honorary doctorate from the Université du Québec en Outaouais in 2015 for her contributions to sustainable development [3].

Summary of Weyerhaeuser Company (WY) 2025 Conference Call Company Overview - Weyerhaeuser is the largest private owner of timberlands in North America, with approximately 10.5 million acres of high-quality timberlands across the Pacific Northwest, U.S. South, and Northeast [3] - The company is also one of the largest manufacturers of wood products, including lumber and engineered wood products [3][4] Key Business Segments - The company operates in timberland, wood products manufacturing, and real estate, energy, and natural resources [4] - Weyerhaeuser aims to maximize value from its timberlands through various initiatives, including its Natural Climate Solutions business [4] Financial Performance and Targets - Weyerhaeuser has achieved $1.1 billion in timberland acquisitions since 2021, surpassing its $1 billion target [5] - The company aims to grow its Natural Climate Solutions business to $100 million in annual EBITDA by the end of 2025, having delivered $84 million last year [5][6] - The company has returned approximately $5.7 billion in cash to shareholders through dividends and share repurchases [7] Recent Acquisitions - Weyerhaeuser announced a significant acquisition of 115,000 acres in North Carolina and Virginia for $375 million, expected to close in Q3 [11] - The acquired timberlands are projected to yield over 7 tons per acre and a cash flow yield of over 5%, enhancing the quality of Weyerhaeuser's portfolio [11][12] Market Dynamics - The timberland market remains strong, particularly for high-quality timberlands, with over $2 billion in transactions expected this year [14] - The company is actively divesting lower-quality timberlands to fund acquisitions and improve portfolio quality [12][17] Housing Market Insights - The housing market has been weaker than expected, primarily due to high mortgage rates and uncertainty around tariffs [22][23] - Single-family housing demand has been below expectations, while multifamily housing has shown signs of improvement [24][25] - Repair and remodel markets have remained steady, with potential for growth in the latter half of the year [26] Tariffs and Regulatory Environment - The U.S. administration is supportive of the timber industry, with upcoming duties on Canadian lumber expected to rise from 14% to 34% [32][33] - The increase in duties is anticipated to impact lumber prices, potentially benefiting Weyerhaeuser [34][39] OSB Market - The OSB market has faced challenges due to supply-demand imbalances and new capacity coming online [40] - Prices are expected to fluctuate based on demand and supply dynamics in the latter half of the year [41] New Projects - Weyerhaeuser is investing $500 million in a new Timber Strand facility in Arkansas, projected to generate $100 million in EBITDA [46][51] - The facility will utilize lower-cost pulp logs and is expected to enhance the company's market share in engineered wood products [44][49] Conclusion - Weyerhaeuser is strategically positioning itself for growth through acquisitions, new projects, and a focus on high-quality timberlands while navigating a challenging housing market and regulatory landscape [2][6][22]

Summary of Hudson Global and STAR Equity Holdings Merger Announcement Conference Call Industry and Companies Involved - **Companies**: Hudson Global and STAR Equity Holdings - **Industry**: Staffing and Recruitment Services Core Points and Arguments 1. **Merger Announcement**: Hudson and STAR signed a definitive merger agreement to form a new company, NewCo, through a stock-for-stock transaction where STAR shareholders will receive 0.23 shares of Hudson for each STAR share held [4][5] 2. **Ownership Structure**: Post-merger, Hudson shareholders will own approximately 79% of NewCo, while STAR shareholders will own about 21% [5] 3. **Financial Projections**: NewCo is expected to have pro forma annualized revenue exceeding $200 million and aims for annualized cost savings of at least $2 million within 12 months of the merger [6] 4. **Growth Goals**: NewCo targets reaching $40 million in adjusted EBITDA by February 2030, based solely on organic growth [7] 5. **Operational Segments**: NewCo will consist of four reporting segments: Building Solutions, Business Services, Energy Services, and Investments [7] 6. **Market Capitalization Benefits**: The merger is expected to improve stock trading liquidity and market capitalization, facilitating a potential addition to the Russell 2000 Index [6] 7. **NOL Utilization**: NewCo will better utilize Hudson's substantial federal net operating losses (NOL) compared to Hudson operating independently [7][17] Additional Important Content 1. **Cost Savings**: The merger is anticipated to eliminate duplicative costs associated with being a public company, potentially leading to greater cost savings than initially projected [14][15] 2. **Acquisition Strategy**: STAR's strategy focuses on acquiring businesses to complement existing platforms and establish new growth avenues, with a history of successful acquisitions [9][38] 3. **Operational Continuity**: Hudson RPO will maintain its day-to-day operations without disruption, focusing on customer service and growth orientation [11][20] 4. **Shareholder Approval**: A majority vote from both companies' shareholders is required for the merger to proceed, with a timeline expected in Q3 2025 [22][28] 5. **Dividends**: STAR's preferred stock will continue to pay dividends post-merger, with no changes expected for preferred shareholders [59][60] 6. **Market Dynamics**: The merger aims to address the challenges of being a microcap company, which often leads to illiquidity and undervaluation in the market [55] This summary encapsulates the key points discussed during the conference call, highlighting the strategic rationale behind the merger, financial expectations, and operational plans for the newly formed entity.

Summary of Hudson Global and STAR Equity Holdings Merger Announcement Conference Call Industry and Companies Involved - **Companies**: Hudson Global (HSON) and STAR Equity Holdings (STRR) - **Industry**: Mergers and Acquisitions, Staffing and Recruitment Services Core Points and Arguments 1. **Merger Announcement**: Hudson and STAR signed a definitive merger agreement, marking a significant milestone for both companies [4] 2. **Transaction Structure**: STAR will merge into a wholly owned subsidiary of Hudson, with STAR shareholders receiving 0.23 shares of HSON for each STAR share held [5] 3. **Ownership Post-Merger**: Upon completion, Hudson shareholders will own approximately 79% of the new company (NewCo), while STAR shareholders will own about 21% [5] 4. **Financial Projections**: The merger is expected to create a larger holding company with pro forma annualized revenue exceeding $200 million and anticipated annualized cost savings of at least $2 million within 12 months [6] 5. **Growth Goals**: NewCo aims to reach $40 million in adjusted EBITDA by February 2030, based solely on organic growth [7] 6. **Operational Segments**: NewCo will consist of four reporting segments: Building Solutions, Business Services, Energy Services, and Investments [7] 7. **Strategic Advantages**: The merger is expected to enhance stock trading liquidity, market capitalization, and provide better financing terms for acquisitions [6][9] 8. **Management Structure**: The management team from both companies will lead NewCo, maintaining a decentralized operating model and a value-oriented acquisition strategy [10] Additional Important Information 1. **Regulatory Approval**: The merger is pending regulatory and shareholder approvals, anticipated to close in the second half of 2025 [6] 2. **Cost Savings Details**: Identified cost savings will come from eliminating duplicative functions, such as audits and public company costs [14][15] 3. **NOL Utilization**: NewCo will benefit from Hudson's substantial net operating losses (NOL), which will be utilized to offset taxable income [17] 4. **Market Positioning**: The merger aims to break out of "microcap purgatory," enhancing the visibility and liquidity of both companies in the market [55] 5. **Shareholder Vote**: A majority vote from both companies' shareholders is required for the merger to proceed [22][28] 6. **Dividends**: STAR's preferred stock will continue to pay dividends post-merger, with no changes to the terms [60] 7. **Future Growth Strategy**: Both companies plan to pursue organic growth and bolt-on acquisitions to enhance their market positions [37][39] This summary encapsulates the key points discussed during the conference call regarding the merger between Hudson Global and STAR Equity Holdings, highlighting the strategic rationale, expected benefits, and operational plans for the newly formed entity.

Core Points - Weyerhaeuser Company has agreed to sell its lumber mill in Princeton, British Columbia, to the Gorman Group for approximately $120 million CAD, which includes the manufacturing facility, timber licenses, and working capital [1][3] - The transaction is expected to be completed in the third quarter of 2025, subject to customary closing conditions and regulatory review [3][7] - Weyerhaeuser anticipates recognizing a gain from the sale and incurring a tax liability of about $15 million CAD [3] Company Overview - Weyerhaeuser is one of the largest private owners of timberlands, controlling approximately 10.4 million acres in the U.S. and additional public timberlands in Canada [4] - The company generated $7.1 billion in net sales in 2024 and employs around 9,400 people [4] - Weyerhaeuser operates as a real estate investment trust and is recognized for its commitment to sustainability in timberland management [4] Gorman Group Overview - The Gorman Group is a family-owned company with over 75 years of experience in the wood products industry, operating multiple facilities in Southern British Columbia and Northern Washington [5] - The company employs approximately 900 people and focuses on high-value lumber products for home finishing and renovation markets [5] - Gorman Bros. Lumber, a division of the Gorman Group, is the largest customer of the Princeton mill, indicating a strong existing relationship [2][5]

Core Points - Goodfellow Inc. announced that all resolutions presented at its Annual Meeting of Shareholders were passed, with 5,926,983 shares represented, accounting for 70.38% of the outstanding shares [1] Group 1: Election of Directors - Six nominees for directors were elected, with the following voting results: - Alain Côté received 4,929,525 votes (83.32% for) - David A. Goodfellow received 3,787,060 votes (64.01% for) - G. Douglas Goodfellow received 3,787,060 votes (64.01% for) - Robert Hall received 4,928,800 votes (83.31% for) - Marie-Hélène Nolet received 5,895,584 votes (99.65% for) - Sarah Prichard received 3,879,637 votes (65.57% for) [2] Group 2: Appointment of Auditor - KPMG LLP was reappointed as the Company's auditor, with 5,912,734 votes (99.76% in favor) and 14,249 votes (0.24% withheld) [3] Group 3: Company Overview - Goodfellow is a diversified manufacturer of value-added lumber products and a wholesale distributor of building materials and floor coverings, serving both commercial and residential sectors across Canada and the Northeastern U.S. [4]

GREEN COVE SPRINGS, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- MDWerks, Inc. (“MDWerks” or the “Company”) (OTCQB: MDWK), a forward-thinking company leading the charge in the world of sustainable technology, today issued the following shareholder update from its Chief Executive Officer, Steven Laker. Dear Fellow Shareholders, With our first quarter results of 2025 now behind us, we look forward to seeing our hard work from the prior fifteen months come to fruition in the near future. We believe we have taken th ...