North America

Rayonier and PotlatchDeltic Announce $8.2 Billion Merger to Create Timber Industry Leader

Two timber industry giants are joining forces in a landmark merger that reshapes North American forestry. The combined company will control massive timberland assets and manufacturing capacity amid volatile lumber markets.

The timber industry is witnessing a historic consolidation as Rayonier and PotlatchDeltic announced their merger in an $8.2 billion all-stock deal. This strategic combination creates one of the largest publicly traded timber and wood products companies in North America, positioning the new entity to better navigate the volatile lumber markets while achieving significant operational synergies.

Transaction Details and Shareholder Value

by Ortega RafaelOctober 15, 2025

International Business and Trade Policy

USMCA Renewal Critical for North American Trade Partnership

The United States-Mexico-Canada Agreement faces renewal negotiations amid increasing trade tensions. With $2 trillion in regional trade at stake, business leaders emphasize the deep economic integration that makes separation from key trading partners both painful and nearly impossible.

As the United States-Mexico-Canada Agreement approaches its scheduled review next year, business leaders and policymakers face critical decisions about the future of North American trade. The agreement, which succeeded NAFTA and represents one of the Trump Administration’s signature achievements, now faces renewal talks amid global economic uncertainty and increasing tariff pressures on Canada and Mexico. According to recent analysis of the USMCA framework, the trilateral partnership supports nearly $2 trillion in annual trade, making its continuation vital for American economic interests.