Company plans new door shop facility in Commerce City, CO

Today the Company announced the planned addition of a door shop in Commerce City, CO, a suburb of Denver. The 127,000 sq. ft. millwork facility is scheduled to be complete in the fourth quarter of 2023 and is expected to begin production shortly after the first of the year. “We are excited that this new […]

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Boise Cascade reaches agreement to purchase Brockway-Smith Company

Today the Company announced that it has reached an agreement to purchase Brockway-Smith Company (BROSCO®), a leading wholesale distributor specializing in doors and millwork. The purchase price for BROSCO, including the acquisition of its two full-scale distribution centers, is $172 million, subject to certain closing adjustments. Boise Cascade plans to fund the transaction and closing-related […]

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Company reports second quarter 2023 results

Today Boise Cascade reported net income of $146.3 million, or $3.67 per share, on sales of $1.8 billion for the second quarter ended June 30, 2023, compared with net income of $218.1 million, or $5.49 per share, on sales of $2.3 billion for the second quarter ended June 30, 2022. “Both businesses again delivered solid […]

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Company announces 33% quarterly dividend increase

Boise Cascade’s Board of Directors has declared a quarterly dividend of $0.20 per share, an increase of $0.05 per share or 33%, to holders of its common stock. The dividend will be paid on September 15, 2023 to stockholders of record on September 1, 2023. Future dividend declarations, including amount per share, record date and […]

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Boise Cascade expands Birmingham, AL, distribution center

Boise Cascade’s Building Materials Distribution (BMD) division today announced it has finalized the purchase of a five-acre site in Birmingham, AL. The property is adjacent to the Company’s existing rail-served location, which was acquired in 2019. “Since its integration into the Boise Cascade nationwide network, the Birmingham branch has grown to serve the increasing demand […]

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Company reports first quarter 2023 results

Today Boise Cascade reported net income of $96.7 million, or $2.43 per share, on sales of $1.5 billion for the first quarter ended March 31, 2023, compared with net income of $302.6 million, or $7.61 per share, on sales of $2.3 billion for the first quarter ended March 31, 2022. “During the first quarter, the expected weaker […]

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Quarterly and special dividends announced

Boise Cascade’s Board of Directors has declared a quarterly dividend of $0.15 per share, as well as a special dividend of $3.00 per share, to holders of its common stock. The dividends will be paid on June 15, 2023 to stockholders of record on June 1, 2023. Future dividend declarations, including amount per share, record […]

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