The company is a real estate investment trust (REIT) company which owns and manages timberland in the United States, producing various wood-based products.
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The recent desaster in Japan along with other world desasters will put a large demand on timber products. This will be a boon to PCL in the short term followed in the long term by a gradual increase in domestic construction and land development. PCL is the largest owner of undevelpted land in the US