Content about Boise Cascade Co.

July 31, 2014

Kris Matula and Mack Hogans are the newest addition to Boise Cascade's board of directors, the company announced Wednesday. The two join the board as longtime member Samuel Mencoff resigns.

Matula is the retired president and CEO of cellulose-based product manufacturer Buckeye Technologies, which Georgia-Pacific acquired in 2013. Before his time at the head of the company, Matula served as Buckeye’s CFO. He’ll serve on Boise Cascade’s compensation committee.

May 9, 2014

Boise Cascade Company has put Tom Corrick in charge of its Wood Products segment.

Officially taking the title of EVP, Corrick will assume leadership immediately, replacing Tom Lovlien, who is retiring on June 30.

"Tom has done an outstanding job growing our engineered wood products business and introducing our Boise Improvement Cycle for process improvement throughout Wood Products," said CEO Tom Carlile. "He also played a key role in our recent successful IPO process."

April 23, 2014

Boise Cascade Company enjoyed a boost of 3% to its sales in the first quarter, but took a hit in terms of net income.

The company's bottom line was $5.57 million in the three-month period ended March 31 -- down from $80.8 million in the same period last year. The company attributed last year's high income to a $68.7 million income tax benefit associated with recording net deferred tax assets after Boise Cascade converted from a limited liability corporation to a corporation.

January 10, 2014

Boise Cascade Company has appointed Karen Gowland to its board of directors, effective immediately. 

"I am delighted that Karen is joining our board. She brings a unique mix of skills given her knowledge of our company and experience in the industry, and understanding of securities laws and corporate governance," said chairman Duane McDougall.

October 21, 2013

Boise, Idaho-based Boise Cascade Co. reported third-quarter sales of $878.0 million, up 15% from the same quarter a year ago. 

Net income was $15.9 million, down from $23.5 million in the same quarter last year.

CEO Tom Carlile described solid operating performances in both of the company’s businesses – distribution and wood products. 

September 30, 2013

Boise Cascade Company has purchased Wood Resources LLC's Southeast Operations for $102 million.

The acquisition deal includes Chester, S.C.-based Chester Wood Products LLC, a producer of softwood plywood panels and veneer, as well as Moncure Plywood LLC, a flexible specialty plywood mill in Moncure, N.C.

Wood Resources had previously acquired the two entities in 2004 from Weyerhaeuser, at which time their prospects were uncertain. Financial performance and output has since improved.

July 23, 2013

Boise, Idaho-based Boise Cascade Co. reported second-quarter sales of $852.3 million, up 16% over the same quarter last year. 

Net income of $10.4 million was down from $15.0 million in last year's second quarter, as gross margins in the company's distribution segment were adversely affected by commodity prices.

March 7, 2013

Overall the company’s fourth-quarter sales were $694.6 million, up 26.9%. For the full year, total sales were up 24% to $2.779 billion.

Boise Cascade Co., the industry’s most recent addition to the ranks of publicly traded companies, increased fourth-quarter sales as it swung to a gain.

"We experienced a fourth consecutive quarter of positive income from operations, underscored by strong plywood prices and improved demand for the products we manufacture and distribute,” said Tom Carlile, CEO.

Overall, the company’s fourth-quarter sales were $694.6 million, up 26.9%. For the full year, total sales were up 24% to $2.779 billion.