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PotlatchDeltic Corporation [2] (originally Potlatch Corp) is an American diversified forest products company based in Spokane, Washington . It manufactures and sells lumber, panels and particleboard and receives revenue from other assets such as mineral rights and the leasing of land as well as the sale of land considered expendable.
Central National-Gottesman Inc. ( CNG) is one of the world's largest distributors of pulp, paper, packaging, nonwovens & fibers, tissue, metals and wood products. The company employs over 3,000 staff in more than 150 locations in 48 cities across North America and in 29 countries around the world, including 43 warehouses and 46 retail stores.
Also in the forestry products industry, Clearwater Paper, is a spin-off of Potlatch Corp that makes tissue and paperboard products. With an annual revenue of $1.9 billion, the company claims to be the biggest supplier of private or store-label tissue products to grocery outlets in the US.
Clearwater Paper (CLW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Clearwater Paper's (CLW) plant closure will impact approximately 290 employees, while eliminating a paper production capacity of around 54,000 tons.
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