![]() Remaining portion of the company changed its name to OfficeMax and traded with ticker OMX. In 2004, Madison Dearborn Capital Partners purchased the paper, forest products and timberland assets and created a privately owned company called Boice Cascade LLC. The next decade continued to bring big changes. In 1999, Furman Lumber of Billerica, Massachusetts, was purchased, which led to a nationwide building material wholesale distribution system for Boise Cascade. During his tenure, the company focused on expanding its activity in distribution and reducing its presence in manufacturing. ![]() After leading the company for 22 years, Fery retired in 1994, and George Harad was named CEO. Boise Cascade introduced the finger-jointing technique for manufacturing LVL that remains unique to the EWP industry today. In the 1990s, Boise Cascade invested in engineered wood products, building mills in White City, Oregon, and in Alexandria, Louisiana, for producing laminated veneer lumber (LVL). In the early 1990s, the company sold the wholesale portion of its office products distribution business while keeping the consumer business. As the 1980s progressed, a decline in the housing market led to a downsizing in building products distribution business, and by 1987, all retail outlets had been sold or closed. With the share price at around eleven dollars, Hansberger resigned in October 1972 John Fery was promoted to CEO and moved the company back to its core competencies of building materials and paper products. īoise Cascade's current headquarters in Boise was built in 1970, designed by architecture firm Skidmore, Owings & Merrill. Boise native William Agee joined the company in 1964 and was the chief financial officer from 1969 to May 1972 the stock price rapidly rose to $77 in 1969, but was down to $15 by the fall of 1971. The mid-1960s brought an even more diverse portfolio including ownership of a motor home manufacturer, a cruise line, involvement in real estate and recreation projects, and an acquisition in the engineering and construction business for major utilities. In 1964, the company entered office products distribution. Boise Cascade owned concrete ready-mix plants, plastic manufacturing plants, textiles, and sand and gravel companies. The 1960s saw the company's swift expansion into the forest products industry, as well as wide variety of other businesses. That same year, BC's first paper mill became operational in Wallula, Washington, to produce corrugated shipping containers. By late 1958, the company had established more than 100 retail outlets for its wholesale distribution business. Robert Hansberger of Boise Payette became the CEO, and the new corporation focused on ownership and management of timberlands, the growing and harvesting of timber, and the manufacturing and distribution of lumber products and building materials. ![]() or Boise Paper, a division of Packaging Corporation of America.īoise Cascade Corporation was formed in 1957 through the merger of Cascade Lumber Company of Yakima, Washington, and Boise Payette Lumber Company of Boise. The company is neither affiliated with the Canadian paper company Cascades nor is there any connection to Boise, Inc. Its logo, designed in the 1960s, depicts a pine tree inside the containing circle. The company has approximately 6,000 employees across North America. Boise Cascade Wood Products manufactures plywood, engineered wood products and lumber it supplies a broad line of wood products and building materials through Boise Cascade Building Materials Distribution's 38 distribution locations. Boise Cascade manufactures engineered wood products, plywood and lumber, and distributes a broad line of building materials from leading manufacturersīoise Cascade Company is an American manufacturer of wood products and wholesale distributor of building materials, headquartered in Boise, Idaho.Ī public company with sales over $7.9 billion in 2021, it is traded on the New York Stock Exchange (NYSE) under the symbol BCC.
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