Boise Cascade adds new distribution warehouse in West Palm Beach, FL

Rhea-AI Summary

Boise Cascade Company's Building Materials Distribution division completes purchase of new warehouse and distribution facility in West Palm Beach

Positive

• Boise Cascade Company's Building Materials Distribution division has completed the purchase of a new 120,000 sq. ft. warehouse and distribution facility in West Palm Beach, FL.
• The new facility will provide additional storage and service capacity for the Pompano Beach branch.
• This expansion aligns with the company's strategy of growing in the markets they currently serve to provide deeper depth of quality products and consistent service for customers.

Negative

• None.

BOISE, Idaho--(BUSINESS WIRE)-- Boise Cascade Company’s (NYSE: BCC) Building Materials Distribution (BMD) division announced today that it has completed the purchase of a new 120,000 sq. ft. warehouse and distribution facility in West Palm Beach, FL.

The total property is 9.7 acres and will provide additional storage and service capacity for the Pompano Beach branch.

“We are excited for the opportunity to open this new distribution facility for Boise Cascade and join the West Palm Beach community,” said Chuck Donaldson, Branch Manager. “This purchase solidifies our long-term commitment to our valued customers in the South Florida market.”

“This major expansion fits with our strategy of growing in the markets we currently serve to provide deeper depth of quality products along with dependable, consistent service for our customers,” added Jim Wickham, Vice President, BMD Eastern Operations.

About Boise Cascade

Boise Cascade Company is one of the largest producers of engineered wood products and plywood in North America and a leading U.S. wholesale distributor of building products. For more information, please visit our website at www.bc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231020136254/en/

Media contact: Lisa Tschampl, mediarelations@bc.com

Investor contact: Kelly Hibbs, investor@bc.com

Source: Boise Cascade Company

FAQ

What did Boise Cascade Company's Building Materials Distribution division announce?

They announced the completion of the purchase of a new warehouse and distribution facility in West Palm Beach, FL.

What is the size of the new facility?

The new facility is 120,000 sq. ft.

What is the purpose of the new facility?

The new facility will provide additional storage and service capacity for the Pompano Beach branch.

What is the company's strategy behind this expansion?

The company's strategy is to grow in the markets they currently serve to provide deeper depth of quality products and consistent service for customers.