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Slide #9. Boise Cascade Company — Wood Resources LLC Southeast Operations
Boise Cascade Company (NYSE:BCC)
Wood Resources LLC Southeast Operations
Boise Cascade Company (NYSE:BCC), a leading wood products manufacturer and building materials distributor in North America announced that it has completed the acquisition of Wood Resources LLC's Southeast Operations, which include Chester Wood Products LLC and Moncure Plywood LLC, for $102 million. The acquisition price is subject to final working capital adjustments.
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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Buy (2.80 out of 4)
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