Boise Cascade Distribution Expands in Ohio

Rhea-AI Summary

Boise Cascade Company (NYSE: BCC) announced plans to expand its Ohio Valley Building Materials Distribution network with a new distribution center in Marion, OH. The facility will cover 20 acres and feature a 100,000 sq. ft. warehouse, along with 13 acres for lumber storage. This expansion aims to enhance product offerings for existing customers and improve service capacity, employing 32 associates. Boise Cascade has a strong 20-year presence in the area and plans to break ground in early 2022.

Positive

• Expansion of distribution network in Ohio enhances service and product offerings.
• New facility will employ 32 associates, contributing to local employment.
• Rail-served location improves logistical capabilities.

Negative

• None.

BOISE, Idaho--(BUSINESS WIRE)-- Boise Cascade Company (Boise Cascade) (NYSE: BCC) today announced the expansion of its Ohio Valley Building Materials Distribution (BMD) network. A new distribution center will be built on a 20-acre site in Marion, OH, which will include a 100,000 sq. ft. warehouse with 13 acres of lumber storage. The location is also rail served.

“Moving to this new distribution facility will enable us to expand our product offering and deepen our breadth of inventory for our current customers,” said Jeff Strom, executive vice president, BMD division. “It will also allow us the opportunity to enhance our service capacity and expand our footprint in a multi-state area.”

“Boise Cascade has enjoyed a 20-year presence in Marion and is excited to build and relocate to this new facility,” said Mark Nelson, branch manager. “The Marion operation will employ 32 associates to serve retail and professional builder lumber yards.”

The Ohio Valley BMD includes a branch in Cincinnati, OH.

The Company expects to break ground on the new Marion site in early 2022.

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.

Forward-Looking Statements

This press release contains statements that are “forward looking” within the Private Securities Litigation Reform Act of 1995. These statements speak only as of the date of this press release. While they are based on the current expectations and beliefs of management, they are subject to a number of uncertainties and assumptions that could cause actual events to differ from the expectations expressed in this release. Factors that could cause actual events to differ materially from forward-looking statements are discussed in greater detail in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release. We undertake no obligation to revise them in light of new information. Finally, we undertake no obligation to review or confirm analyst expectations or estimates that might be derived from this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211104006008/en/

Media contact: Lisa Tschampl, 208-384-6552, lisatschampl@bc.com

Investor contact: Kelly Hibbs, 208-384-3638

Source: Boise Cascade Company

FAQ

What is Boise Cascade's recent announcement regarding distribution centers?

Boise Cascade announced an expansion of its Ohio Valley distribution network with a new center in Marion, OH.

How large is the new distribution center planned by Boise Cascade?

The new distribution center in Marion, OH will cover 100,000 sq. ft. with an additional 13 acres for lumber storage.

When does Boise Cascade plan to break ground on the new facility?

Boise Cascade expects to break ground on the new Marion facility in early 2022.

How many employees will work at the new distribution center in Marion, OH?

The new facility in Marion, OH will employ 32 associates.

What are the benefits of Boise Cascade's new distribution center in Ohio?

The new center will allow Boise Cascade to expand product offerings, enhance service capacity, and deepen inventory for existing customers.