Boise, Idaho-based Boise posted fourth-quarter sales of $600.4 million, up 14.6% from $524.1 million in the same quarter of 2010.
"The past year was our most successful year since our inception four years ago," said Alexander Toeldte, president and CEO of Boise. "Our EBITDA excluding special items was a record $340 million, we generated $121 million in free cash flow, and returned $169 million of capital to our shareholders through share repurchases and dividends."
Boise Cascade announced Jan. 17 that it was adding 40 positions to its Western Oregon Region mills in Medford, White City and Willamina, according to an article in the Oregon Mail Tribune.
Company spokesman R.J. Roberts told the newspaper that the Idaho-based wood products supplier has increased market share for its plywood and engineered wood panels, both in domestic and Canadian markets.
Boise Cascade’s Building Materials Distribution has moved its Portsmouth, N.H., operation into an expanded distribution facility in Greenland, N.H., the company announced. The new facility, located four miles away, includes 15 acres of yard space, 120,000 sq. ft. of warehouse space and 9,000 sq. ft. of office space.
Boise Cascade’s Building Materials Distribution division has announced its expansion in Wayne, Mich., outside of Detroit, where it recently moved into larger facilities. The operation now includes an additional 80,000 sq. ft. of enclosed warehouse space, 6,500 sq. ft. of new office space, and 9,000 sq. ft. of covered truck loading area. In addition, the expansion provides an additional four acres of outside storage, as well as railcar unloading facilities.
Boise, Idaho-based Boise Cascade Holdings has posted a $3.7 million net loss for the third quarter ended Sept. 30, compared with a net loss of $5.6 million in the year-ago period. Sales for the quarter totaled $627.98 million, up 5.8% from $593.50 million in the third quarter of 2010.
"Your decision to not include Boise Cascade's Building Materials operations on your list of top wholesale operations is inconsistent and misleading to a wide variety of audiences. Your reasoning for our deletion was apparently based on the fact that Boise Cascade is both a wholesaler of a broad line of building materials and a manufacturer of wood products. Clearly we do not understand this reasoning after having been on the list for decades.
Boise Cascade’s building materials distribution division has leased property to augment operations at its facility in Delanco, N.J. The new facility has 300,000 sq. ft. of inside storage and approximately 20 acres of usable yard space. Rail service is also included.
Scranton, Pa.-based AZEK Building Products announced its partnership with Boise Cascade branches in Lathrop and Riverside, Calif., which will provide full-service distribution of all AZEK product lines throughout the state.
Curtner Lumber Co.’s Ozark Natural Paneling, a new line of hardwood planks for walls, ceilings and wainscot, will be distributed by Boise Cascade locations in Memphis and Tulsa throughout Tennessee, Mississippi, Arkansas, Kansas, Western Kentucky, Northwest Alabama, Oklahoma and Missouri.
Made in Newport, Ark., Ozark Natural Paneling comes from the finest, sustainable-growth “heirloom quality” hardwoods.