Boise Cascade Acquires Tennessee Distributor

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

 

Latest News

Weyco Expects Strong Growth

Weyco Expects Strong Growth Weyerhaeuser Co. hosted an Investor Day in December and outlined the company's strategic growth plan and financial...

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

Timber Construction Has Mill Machinery Rolling

Timber construction is opening a new market that has been keeping lumber and milling machinery busy at a growing number of wood products companies, including Montreal’s Nordic Structures, Sauter Timber in Rockwood, Tennessee, SmartLam, in Columbia Falls, Montana, and D.R. Johnson, in Portland, Oregon.

Oregon-based D.R. Johnson Wood Innovations, a subsidiary of D.R. Johnson, specializes in the manufacture of cross-laminated timber, or CLT, and glue-laminated beams from Douglas fir and Alaskan yellow cedar. D.R. Johnson Wood was the first U.S. company to receive APA/ANSI certification to manufacture structural CLT panels – and CEO Valerie Johnson plans to help grow the U.S. market.

D.R. Johnson has received the first U.S. certification to manufacture cross-laminated timbers (CLT) under a new standard approved last year by the American National Standards Institute. D.R. Johnson is one of only three North American companies certified by the Engineered Wood Association to construct CLT for use in buildings.

Johnson’s company employs 125 at a traditional sawmill and laminating plant, which was recently expanded by 13,000 square feet for increased CLT production. They’re currently fielding calls from hopeful builders, and manufacturing samples to be tested for fire safety and structural quality. One recent new wood construction project is a 14-story wooden apartment tower being built in Portland, Oregon.

From Woodworking Network: https://www.woodworkingnetwork.com/wood/pricing-supply/timber-construction-has-lumber-milling-machinery-rolling

Brian Luoma Picked To Lead Alabama’s Westervelt Company

Brian Luoma Picked To Lead Alabama’s Westervelt Company

 

The Westervelt Company named Brian Luoma as President and CEO, succeeding Mike Case, who announced his retirement after more than 32 years with the company. Luoma will oversee Westervelt Lumber, Westervelt Renewable Energy, Westervelt Forest Resources, Westervelt Communities, Westervelt Ecological Services and Westervelt New Zealand.

Luoma most recently served as executive vice president and general manager, Siding, with Louisiana-Pacific Corp.

Jon Warner, Chairman of the Board at The Westervelt Co., based in Tuscaloosa, Alabama, comments, “Brian’s proven leadership and vision will be essential in leading our company.”

“I am thrilled to join the Westervelt team,” Luoma says. “The company’s commitment to excellence and focus on sustainability are the driving forces behind 133 years of success.”

Since 1987, Luoma held roles of increasing responsibility with LP. Luoma graduated in Forestry from Humboldt State University in Arcata, California. He worked for LP while attending college, first as an assistant log scaler at the LP stud mill in Fort Bragg, California and then in the woods as a forestry technician. After graduating he worked for Simpson Timber in Korbel for a year before rejoining LP as timberlands manager in northern California. He then became wood procurement manager for LP’s Western Region. He later led LP’s Northern operations OSB group in Hayward, Wisconsin before moving to LP headquarters as head of forestry, wood procurement and logistics.

He advanced to LP’s vice president of Engineered Wood Products before becoming executive vice president and GM over LP Siding, based at headquarters in Nashville, Tennnessee.

Westervelt operates a high production, modernized southern yellow pine sawmill at Moundville, Alabama, a large industrial wood pellet plant in Aliceville, Alabama, and owns/manages 500,000 acres of timberland.

For more information on The Westervelt Company visit westervelt.com.

 

Latest News

Weyco Expects Strong Growth

Weyco Expects Strong Growth Weyerhaeuser Co. hosted an Investor Day in December and outlined the company's strategic growth plan and financial...

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

D.R. Johnson Ready To Serve New Wood Building Market

If the vast potential of timber construction isn’t obvious, a new exhibit at Washington D.C.’s National Building Museum aims to clear things up. Running through May 2017, the USDA-sponsored Timber City is drawing attention to the recent boom in a worldwide movement toward timber construction.

It’s opening up a new market that has been turning the mills at a growing number of wood products companies, including Montreal’s Nordic Structures, Sauter Timber in Rockwood, Tennessee, and D.R. Johnson.

Oregon-based D.R. Johnson Wood Innovations, a subsidiary of D.R. Johnson, specializes in the manufacture of cross-laminated timber (CLT) and glue-laminated beams from Douglas fir and Alaskan yellow cedar. They’re the first U.S. company to receive APA/ANSI certification to manufacture structural CLT panels – and they hope to help grow the U.S. market.

D.R. Johnson is one of only three North American companies certified by the Engineered Wood Association to construct CLT for use in buildings. The company employs 125 at a traditional sawmill and laminating plant, which was recently expanded by 13,000 square feet for increased CLT production. They’re currently fielding calls from hopeful builders, and manufacturing samples to be tested for fire safety and structural quality.

D.R. Johnson says the system for constructing CLT involves assembling prefabricated parts, speeding construction, and paring labor costs. The company partnered with wood processor manufacturer USNR to build a custom panel press for CLT.

From Woodworking Network: https://www.woodworkingnetwork.com/events-contests/event-coverage/timber-construction-exhibition-shines-light-industry