Greetings and welcome to the Weyerhaeuser Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions]
It is now my pleasure to introduce your host, Beth Baum Vice President of Investor Relations and Enterprise Planning. Thank you, Ms. Baum. You may begin.
Beth Baum
Vice President, Investor Relations
Thank you, Rob. Good morning, everyone. Thank you for joining us today to discuss Weyerhaeuser s fourth quarter 2020 earnings. This call is being webcast at www.weyerhaeuser.com. Our earnings release and presentation materials can also be found on our website. Please review the warning statements in our press release and on the presentation slides concerning the risks associated with forward-looking statements, as forward-looking statements will be made during this conference call. We will discuss non-GAAP financial measures, and a reconciliation of GAAP can be found in the earnings materials on our website. On the call this morning are Devin Stockfish, Chief Executive Of
Major companies in the wood products market include Georgia-Pacific Corporation; Weyerhaeuser Company; West Fraser Timber Co Ltd; Andersen Corporation and Celulosa Arauco y Constitución. The global wood products market is expected to grow from $624.New York, Jan. 21, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report "Wood Products Global Market Report 2021: COVID 19 Impact and Recovery to 2030" - https://www.reportlinker.com/p06009750/?utm source=GNW 22 billion in 2020 to $666.43 billion in 2021 at a compound annual growth rate (CAGR) of 6.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $866.23 billion in 2025 at a CAGR of 7%.The wood products market consists of sa
Employees Ryan Aanes and Todd Pietila have purchased the company, which has tripled in size since its founding in 1992. Aanes and Pietila have worked at Wood Products as craftsmen since 2004 and 2000, respectively.
We’ve always been 100 percent custom,” said Pietila . Everything we do is all custom and by hand. We start every project from scratch. From the design to the cutting to assembly to the finishing, all the way to the installation. An actual experienced craftsman handles your cabinets every step of the way. We’re not going to change that.
Wood Products says it plans to retain its current status quo for the near future, but has long-term adjustments planned. The company specializes in custom residential cabinetry.