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12/15/2022

Boise Cascade expanding in two states

The company’s BMD Division will soon construct new distribution facilities in South Carolina and Texas.
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Boise Cascade's new South Carolina facility will be its first distribution center the state.

Boise Cascade’s Building Materials Distribution (BMD) division is expanding in South Carolina and Texas.

The company finalized the acquisition of 45-acres in Walterboro, S.C., to build a new distribution facility.

Located approximately 45 miles west of Charleston, the property will be Boise Cascade’s first distribution center in the state. 

Boise Cascade said the location is rail-served and will help better serve customers in Myrtle Beach, Charleston, and Columbia, S.C., as well as Savannah, Ga. 

The BMD division currently services these markets through its facilities in Greensboro, N.C., and Atlanta, Ga..

Additionally, the Boise, Idaho-based company has purchase of a 34-acre land parcel in Hondo, Texas to build another new distribution facility. 

Situated approximately 40 miles west of San Antonio, this property will be the third Boise Cascade distribution center in the state, along with its two door shops in Houston and Dallas. 

The property is rail-served and will help serve customers in Austin, San Antonio, Corpus Christi, and the Rio Grande Valley.

“Consistent with our strategy, these investments demonstrate our commitment to our customers and supplier partners in several high-growth markets,” said Jeff Strom, BMD Executive vice president. “We are thrilled to increase our diversification of product offerings. This will allow us to expand in engineered wood products, leading brands of general line building materials, as well as lumber and panels products.”

Construction of both facilities is expected to begin soon, Boise Cascade said. The financial terms of the land acquisitions were not disclosed.

“We are very excited to expand our footprint into these markets,” said Jim Wickham, vice president of eastern operations at Boise Cascade. 

This will help us grow in these geographies and also provide deeper penetration in the local market for the facilities that are currently serving these areas, allowing us to be closer to our customers.”

In October, Boise Cascade reported that its third quarter sales jumped nearly 16% to $2.2 billion from third quarter 2021 sales of $1.9 billion. The company also posted a net income of $219.6 million for the quarter, soaring well above a net income of $91.7 million for the same period a year ago.

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