Boise Cascade Selling Two Sawmills, P’Board Operations In Oregon To Woodgrain

by | Sep 14, 2018 | News

Boise Cascade Company has entered into an agreement with Woodgrain Millwork to sell its northeast Oregon lumber mills in Pilot Rock and La Grande and the particleboard operations in Island City. The planned transaction does not include Boise Cascade’s plywood mill or the powerhouse and log utilization center, based in Elgin, OR.

Woodgrain is a manufacturer and supplier with a diverse product offering including moulding, door shop products, and window parts, headquartered in Idaho. “The sale to Woodgrain allows us to further focus on our veneer-based engineered wood products and plywood businesses,” said Mike Brown, senior vice president of operations, Boise Cascade Wood Products division. “Woodgrain is a family-owned company with a solid reputation in the industry. The products manufactured at these northeast Oregon facilities are a good fit with their business strategy.”

“Being a fully integrated company in each step of our supply chain has become one of our core strengths as a company,” said Kelly Dame, Woodgrain CEO. “Being able to grow the Woodgrain Lumber division is a key step in growing as a company. We are excited about the opportunity it offers.”

The details of the agreement were not disclosed and the transaction is contingent upon the results of the due diligence process, which is expected to take approximately 60 days.

Longtime Boise Cascade Manager Steve Stoler Retires

by | Jul 27, 2018 | News

Steve Stoler will retire from his position as particleboard sales and marketing manager at Boise Cascade this August, marking the end of a 39-year career with the company.

From the beginning of his career at Boise Cascade Company, Stoler has been a trailblazer. He started with Boise Cascade in 1979 when he was contacted to handle claims on rough sawn mahogany siding. He continued to advance through the company, and was promoted to manage the siding claims office in Minneapolis in 1986.

Thirteen years later, Stoler relocated to the corporate office to handle large claims. Stoler is known for his focus on the facts. Morgan Olson, particleboard plant manager for Boise Cascade in La Grande, Ore., noted the impact Stoler’s close analysis of the mill’s production process data had on developing a cost model.

“Steve has had a very large impact on helping the mills stay profitable or increase profits by having that cost model in place,” he said.

Stoler’s exceptional leadership skills extend beyond the Boise Cascade office. Beginning in 2004, he served as Boise Cascade’s representative on the board of directors of the Composite Panel Association. In 2016, Stoler became Chairman of the Composite Panel Association, the first and only Boise Cascadian to have served in that role. In addition to his emphasis on the importance of knowing and understanding the facts, Stoler’s strong communication skills have been essential in his career. His peers noted the impact his influence has had on their own professional growth.

Read more on this from Woodworking Network at https://www.woodworkingnetwork.com/wood/panel-supply/steve-stoler-retires-boise-cascade-after-39-years?ss=news,news,woodworking_industry_news,news,almanac_market_data,news,canadian_news.

Boise Cascade Acquires Tennessee Distributor

by | Mar 14, 2018 | News

Boise Cascade Acquires Tennessee Distributor

 

Boise Cascade Company is acquiring Lumberman`s Wholesale Distributors, a Nashville, Tenn.-based distributor of engineered wood products, commodity lumber items, and specialty building materials. The acquisition is expected to be complete in the coming weeks. Terms of the deal were not disclosed.

“We are very pleased to welcome the Lumberman`s associates to Boise Cascade. They have been an excellent distributor for nearly 50 years,” said Nick Stokes, executive VP of Boise Cascade Building Materials Division. “This location will allow us to strengthen our nationwide presence and satisfy a growing demand for our products and services in the Tennessee Valley and Central Kentucky markets.”

Founded in 1969, Lumberman’s supplies pro dealers, millwork houses, and manufacturers. “We are excited to join Boise Cascade,” said Garey Keltner, president, Lumberman`s Wholesale. “We believe there is a strong cultural and strategic fit that will allow us to grow and continue to serve our customers.”

Last month Boise Cascade reported fourth quarter 2017 net sales of just over $1 billion, up 19% from fourth quarter 2016 net sales of $919 million. For the full year, the engineered wood products and building products supplier reported sales of $4.43 billion, a 13% increase from sales of $3.91 billion in 2016.

The Boise, Idaho-based company also recently reported a fourth quarter net income of $19.1 million, soaring well above a fourth quarter 2016 net income of $4 million. For the full year Boise Cascade reported a net income of $83 million, increasing 117% from a net income of $38.3 million in 2016.

From HBS Dealer: hbsdealer.com

 

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Boise Cascade Expanding South Carolina Plywood Operations

by | Dec 11, 2015 | News

Boise Cascade Company, one of the largest producers of plywood and engineered wood products in North America and a leading U.S. wholesale distributor of building products, is expanding its existing operations in Chester County. The company is investing $23.5 million in the facility, creating 52 new jobs in Chester, S.C.

In 2013, Boise Cascade acquired Chester Wood Products, effectively establishing the company’s first Palmetto State operations. Operating today as Chester Plywood, Boise Cascade has decided to expand its Chester County operations in an effort to better serve its growing customer base. With respect to its investment in the facility, which is located at 1445 Lancaster Highway in Chester, Boise Cascade has already begun installing new equipment and expanding the warehouse.

With a heritage dating back to 1957, and headquartered in Boise, Idaho, Boise Cascade manufactures engineered wood products, plywood, lumber and particleboard.  As a national distributor, the company operates more than 30 distribution centers across the U.S.

Hiring for the new positions began in the third quarter of 2015, and will continue through the first quarter of 2016.

The Coordinating Council for Economic Development has approved a $100,000 Rural Infrastructure Fund grant to Chester County to assist with the costs of real property improvements.

From the S.C. Department Of Commerce: https://sccommerce.com/news/press-releases/boise-cascade-company-expanding-chester-county-operations