PotlatchDeltic Corp. operates as a real estate investment trust, which engages in the ownership and management of acres of timberlands. The company is headquartered in Spokane, Washington and currently employs 1,330 full-time employees. The Company’s segments include Timberlands, Wood Products, and Real Estate. Timberlands segment includes planting and harvesting trees and building and maintaining roads. Wood Products segment manufactures, and markets lumber and plywood. Real Estate segment consists primarily of the sale of rural land and real estate development and subdivision activity. The company operates approximately six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business, and a rural timberland sales program. The company owns approximately 2.2 million acres of timberland in Alabama, Arkansas, Idaho, Georgia, Louisiana, Mississippi, and South Carolina. The company also owns an industrial grade plywood mill with approximately 150 million square feet of capacity. Its products are sold to retailers or wholesalers primarily for use in home building and repair and remodeling.