Boise Cascade to Invest Additional $140MM to Support EWP Growth Strategy
Boise Cascade, L.L.C. (BCC)
Last boise cascade, l.l.c. earnings: 2/24 04:30 pm
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Source: Business Wire
BOISE, Idaho--(BUSINESS WIRE)--Boise Cascade Company (“Boise Cascade” or the “Company”) (NYSE: BCC) today announced new investments in Alabama and Louisiana in support of its engineered wood products (EWP) growth strategy.In Alabama, the Company is adding I-joist production capabilities to its Thorsby EWP mill and converting a plywood layup line to a parallel laminated veneer line at the Chapman plywood facility. The Chapman investment adds to its important integration into the Company’s EWP growth plans. In addition, the Chapman plywood facility extended employment opportunities to approximately 50 of the 80 associates affected by the recently announced Chapman lumber operations curtailment. At its Oakdale, Louisiana facility, major projects planned include the upgrade and redesign of the log utilization center, a new veneer dryer and press, and modification of an existing veneer dryer. These investments are expected to take place over a two-year period.“We are looking forward to
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News
- Boise Cascade Company First Quarter 2024 Earnings Webcast and Conference CallBusiness Wire
- Boise Cascade (NYSE: BCC) had its price target raised by analysts at Truist Financial Co. from $156.00 to $175.00. They now have a "buy" rating on the stock.MarketBeat
- Boise Cascade Co Director Sue Taylor Sells 1,503 Shares [Yahoo! Finance]Yahoo! Finance
- Boise Cascade (NYSE: BCC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Boise Cascade Company (NYSE:BCC) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
BCC
Earnings
- 2/20/24 - Miss
BCC
Sec Filings
- 4/8/24 - Form 4
- 3/21/24 - Form ARS
- 3/21/24 - Form DEFA14A
- BCC's page on the SEC website