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Slide #15. Boise Cascade — Wood Resources LLC Southeast Operations
Boise Cascade (NYSE:BCC)
Wood Resources LLC Southeast Operations
Wood Resources LLC today announced that it has entered into an agreement to sell its Southeast operations, which include Chester Wood Products and Moncure Plywood, to Boise Cascade Company (NYSE:BCC), a leading wood products manufacturer and building materials distributor in North America. The sale is expected to be completed in the third quarter.
Boise Cascade is a wood products manufacturer and building materials distributor. Co.'s products are used in the construction of new residential housing, the construction of light industrial and commercial buildings, and industrial applications. Co. has two reportable segments. Co.'s Wood Products segment manufactures laminated veneer lumber, I-joists, and laminated beams, which are collectively referred to as engineered wood products (EWP). Co.'s Building Materials Distribution segment sells a line of building materials, including oriented strand board, plywood, lumber, general line items such as siding, composite decking, doors, metal products, insulation, and roofing, and EWP.
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