Today Boise Cascade announced new investments in Alabama and Louisiana in support of its engineered wood products (EWP) growth strategy. In Alabama, we are adding I-joist production capabilities to our Thorsby EWP mill and converting a plywood layup line to a parallel laminated veneer line at the Chapman plywood facility. The Chapman investment adds important […]
Today we announced the retirement of Tom Hoffmann, BMD Senior Vice President, effective March 1, 2024. Tom joined Boise Cascade in 1981. He served in many key roles and leadership positions over the years, including Division Operations Manager, Pacific Region Manager, and Denver Branch Manager. Tom holds a bachelor’s degree in business with a dual […]
Today Boise Cascade announced an indefinite curtailment of its lumber production in Chapman, AL. The curtailment will affect approximately 80 positions. The plywood operations at the Chapman location are not part of the curtailment. The Worker Adjustment and Retraining Notification (WARN) Act notification was provided to impacted employees and specifies that operations will cease on […]
Today, our Building Materials Distribution (BMD) division announced that it has completed the purchase of a 20-acre property in Modesto, CA. The Company’s current operations in Lathrop, CA, will relocate to this new facility, which includes office space and 190,000 sq. ft. enclosed warehouse served by rail. “We are very excited to join the Modesto […]
Today Boise Cascade reported net income of $143.1 million, or $3.58 per share, on sales of $1.8 billion for the third quarter ended September 30, 2023, compared with net income of $219.6 million, or $5.52 per share, on sales of $2.2 billion for the third quarter ended September 30, 2022. “After another solid quarter of […]
Boise Cascade’s Board of Directors has declared a quarterly dividend of $0.20 per share, as well as a special dividend of $5.00 per share, to holders of its common stock. The dividends will be paid on December 15, 2023 to stockholders of record on December 1, 2023. Future dividend declarations, including amount per share, record […]
Today our board of directors approved promotions for four senior leaders: Troy Little has been promoted to Senior Vice President, Finance and Commodity Sales, Wood Products. Little joined the division in 1990 as an internal auditor. He has served in a broad range of financial and operational leadership roles at several of the Company’s manufacturing […]
Our Building Materials Distribution (BMD) division announced today that it has completed the purchase of a new 120,000 sq. ft. warehouse and distribution facility in West Palm Beach, FL. The total property is 9.7 acres and will provide additional storage and service capacity for the Pompano Beach branch. “We are excited for the opportunity to […]