Editing PotlatchDeltic (section)

=== Modern Day ===
The Potlatch mill operated until mid-August 1981,<ref name=hdtmahd>{{cite news |url=https://news.google.com/newspapers?id=as5eAAAAIBAJ&sjid=xTIMAAAAIBAJ&pg=5112%2C5071702 |work=Lewiston Morning Tribune |last=Johnson |first=David |title=Hard times ahead |date=August 13, 1981 |page=1A}}</ref><ref name=tmldy>{{cite news |url=https://news.google.com/newspapers?nid=BtfE7wd9KvMC&dat=19810815&printsec=frontpage&hl=en |work=Lewiston Morning Tribune |last=Johnson |first=David |title=The mill's last day |date=August 15, 1981 |page=1A}}</ref> and the company announced that mill closure would be permanent in 1983.<ref>{{cite web|url=https://www.intermountainhistories.org/items/show/112|title=Potlatch Lumber Mill and the Company Town|publisher=Intermountain Histories|access-date=March 10, 2023}}</ref> In&nbsp;1985, Canadian businessman [[Samuel Belzberg]]'s First City Financial Corporation attempted a takeover of the company. Potlatch eventually bought back the corporation's 1.1 million shares, paying $8.1 million and ending the takeover bid. With the buyback, the stock returned to the control of the Weyerhaeuser family, the descendants of the original founder.<ref>{{cite web|url=https://www.nytimes.com/1985/11/13/business/potlatch-buys-out-belzbergs.html|title=POTLATCH BUYS OUT BELZBERGS|author=LAWRENCE M. FISHER|work=The New York Times|access-date=May 14, 2018|date=November 13, 1985}}</ref>

The Rutledge mill in Coeur d'Alene operated through October 1987;<ref name=swmlcp>{{cite news |url=https://news.google.com/newspapers?id=ayNZAAAAIBAJ&pg=7126%2C814176 |newspaper=Spokesman-Review |location=(Spokane, Washington) |last=Bond |first=David |title=Sawmill cleanup studied |date=September 17, 1987 |page=A6 }}</ref><ref name=bmlolk>{{cite news |url=https://news.google.com/newspapers?id=80JYAAAAIBAJ&pg=2671%2C1336876 |newspaper=Spokane Chronicle |location=(Washington)|title=Hagadone buying up more land on Lake Coeur d'Alene |last=Oliveria |first=D.F. |date=May 25, 1988  |page=A3 }}</ref><ref name=plchclscda>{{cite news|url=https://news.google.com/newspapers?id=81xYAAAAIBAJ&pg=3647,756728|newspaper=Spokane Chronicle|location=(Washington)|title=Potlatch will close Coeur d'Alene mill|last=Bond|first=David|date=January 21, 1987|page=A3}}</ref><ref name=lastlg>{{cite news|url=https://news.google.com/newspapers?id=lG5fAAAAIBAJ&pg=5763,114181|newspaper=Lewiston Sunday Tribune|location=(Idaho)|agency=Associated Press|title=Historic Rutledge Mill saws its final log|date=November 1, 1987|page=6B}}</ref><ref name=rutmildn>{{cite news|url=https://news.google.com/newspapers?id=qVpWAAAAIBAJ&pg=1971%2C9450751 |newspaper=Spokesman-Review|location=(Spokane, Washington)|title=Last log sawn at Rutlege mill in wee hours of morning|last=Bond|first=David|date=October 31, 1987|page=A6}}</ref><ref name=reuauc>{{cite news |url=https://news.google.com/newspapers?id=FL5YAAAAIBAJ&pg=3654%2C184278 |work=Spokesman-Review |location=(Spokane, Washington) |last=Trevison |first=Catherine |title=Rutledge auction wasn't run-of-the-mill |date=December 16, 1987 |page=B1}}</ref> the site was acquired by [[Duane Hagadone]] the following year in a three-way land swap,<ref name=rmsspos>{{cite news|url=https://news.google.com/newspapers?id=TKgpAAAAIBAJ&pg=5969,1985844|newspaper=Spokesman-Review|location=(Spokane, Washington)|title=Rutledge mill site sold, Potlatch official says|date=March 3, 1988|page=B2}}</ref><ref name=lndswp89>{{cite news|url=https://news.google.com/newspapers?id=o1lWAAAAIBAJ&pg=6632,8214179|newspaper=Spokesman-Review|location=(Spokane, Washington)|last=Jones|first=Grayden|title=Hagadone swapped land for resort site|date=April 12, 1989|page=A6}}</ref> and became the golf course (1991) of the [[Coeur d'Alene Resort]].<ref name=apropg>{{cite news |url=https://news.google.com/newspapers?id=rNRYAAAAIBAJ&pg=4278%2C3877582|newspaper=Spokesman-Review |location=(Spokane, Washington) |agency=staff and wire reports |title=April opening set for golf course |date=August 15, 1990 |page=B2 }}</ref><ref name=bbflgrinid>{{cite news |url=https://news.google.com/newspapers?id=oUZTAAAAIBAJ&pg=4618%2C3017892 |newspaper=Bend Bulletin |location=(Oregon)|agency=Associated Press |title=Floating green confronts players on Idaho course |date=June 13, 1991|page=E-8}}</ref><ref name=toppsed>{{cite news |url=https://news.google.com/newspapers?id=JVtWAAAAIBAJ&pg=3721%2C6106093 |newspaper=Spokesman-Review |location=(Spokane, Washington)|title=Tee-off pier proposed for floating green |date=September 20, 1991 |page=B1 }}</ref> Its&nbsp;buildings were allowed to be burned in June 1988; local fire departments used it as a training exercise.<ref name=ffwgpwm>{{cite news|url=https://news.google.com/newspapers?id=1r5YAAAAIBAJ&pg=6777,5665557|newspaper=Spokesman-Review|location=(Spokane, Washington)|last=Bender|first=David|title=Firefighters will get practice when mill is set ablaze in June|date=May 25, 1988|page=A9}}</ref><ref name=jsoktb>{{cite news|url=https://news.google.com/newspapers?id=rb5YAAAAIBAJ&pg=5034%2C4745147|newspaper=Spokesman-Review|location=(Spokane, Washington)|title=Judge says its OK to burn buildings at Potlatch mill|last=Goffredo|first=Theresa|date=June 8, 1988|page=A1}}</ref>

After 32 years in [[San Francisco]], [[California]], corporate headquarters of Potlatch were moved from [[One Maritime Plaza]] to [[Downtown Spokane|downtown]] Spokane in&nbsp;1997;<ref name=pksr>{{cite news |url=https://news.google.com/newspapers?id=r7QpAAAAIBAJ&sjid=jPEDAAAAIBAJ&pg=4807%2C8505872 |work=Spokesman-Review |location=(Spokane, Washington) |last=Jones |first=Grayden |title=Potlatch picks Spokane for corporate HQ |date=May 20, 1997 |page=A1}}</ref><ref name=lmtspo>{{cite news |url=https://news.google.com/newspapers?id=waRfAAAAIBAJ&sjid=OjIMAAAAIBAJ&pg=6164%2C1398440 |work=Lewiston Morning Tribune |location=(Idaho) |last=Nelson |first=Lorraine |title=Potlatch to move its HQ to Spokane |date=May 20, 1997 |page=1A}}</ref><ref name=sfcmvo>{{cite news |url=https://www.sfgate.com/business/article/potlatch-moving-out-of-s-f-new-headquarters-2840229.php |work=San Francisco Chronicle |last=Kouis |first=Arthur M. |title=Potlatch moving out of S.F. / New headquarters will be in Spokane |date=May 20, 1997 |access-date=September 4, 2023}}</ref> from 1931 to 1965, the company was based in Idaho at&nbsp;Lewiston.<ref name=sjbntsv>{{cite news |url=https://www.spokanejournal.com/local-news/a-look-inside-potlatch-corp/ |work=Spokane Journal of Business |location=(Washington) |title= A look inside Potlatch Corp.: new arrival is Spokane's biggest company |last=Read |first=Paul |date=December 4, 1997 |access-date=September 4, 2023}}</ref><ref name=chagn>{{cite news |url=https://news.google.com/newspapers?id=ALxeAAAAIBAJ&sjid=7DAMAAAAIBAJ&pg=5530%2C504960 |work=Lewiston Morning Tribune |location=(Idaho) |last=Harrell |first=Sylvia |title=If choosing again, PFI would still move its offices from Lewiston – Cancell |date=May 3, 1971 |page=3}}</ref>

In March 2002, Potlatch sold its [[Cloquet, Minnesota]], pulp and printing papers facilities and associated assets to [[Sappi]] Limited for [[United States dollar|$]]480 million. This sale marked its exit from the coated printing papers business. Sappi closed the facilities and moved the production to its own plants in [[Maine]] at [[Skowhegan, Maine|Skowhegan]] and [[Westbrook, Maine|Westbrook]].<ref>{{cite web|url=https://www.nytimes.com/2002/03/19/business/company-news-sappi-to-acquire-potlatch-fine-paper-business.html|title=COMPANY NEWS; SAPPI TO ACQUIRE POTLATCH FINE PAPER BUSINESS|agency=Associated Press|access-date=May 14, 2018|work=The New York Times|date=March 19, 2002}}</ref>

In 2006, Potlatch [[Corporate restructuring|restructured]] to form a [[real estate investment trust]] (REIT).  In this restructuring all of the company's manufacturing operations are held by a [[wholly owned subsidiary]], allowing the company to refocus on managing their large land holdings in [[Oregon]], [[Idaho]], [[Minnesota]], and [[Arkansas]].

In February 2018, Potlatch acquired Deltic Timber Corp., a smaller [[Arkansas]]-based timber company. Following the merger, the company was renamed PotlatchDeltic Corporation. The merged companies owned 2 million acres of timber in total.<ref name="Reuters staff"/><ref name="Arkansas Democrat-Gazette Staff"/>