Boise Cascade Company reports news around its integrated wood products manufacturing and building materials distribution businesses. The company makes engineered wood products and plywood, including laminated veneer lumber, I-joists and laminated beams, and distributes building materials such as OSB, plywood, lumber, siding, composite decking, doors and millwork, metal products, roofing, insulation and engineered wood products.
Recurring updates cover quarterly and annual operating results, commodity pricing and housing-demand conditions, production and inventory alignment, board-authorized dividends, earnings webcasts, and executive leadership changes. Company communications also connect segment performance to its national distribution footprint and manufacturing operations in the U.S. and Canada.
Boise Cascade Company (NYSE: BCC) has announced a quarterly dividend of $0.10 per share for its common stock. The dividend is scheduled for payment on March 15, 2021, to stockholders recorded as of February 22, 2021. Future dividends will be contingent on various factors, including legal capital requirements, the company’s financial health, and operational performance. Boise Cascade is a significant player in engineered wood products and plywood in North America, also engaged in wholesale distribution of building products.
Boise Cascade Company (NYSE: BCC) will hold a webcast and conference call on February 23, at 11 a.m. Eastern, to discuss its 2020 fourth quarter and full-year earnings. Participants can join by dialing 844-795-4410 or via an online webcast available on the company's Investor Relations page. A replay of the call will be accessible from February 23 at 2 p.m. until March 2. Boise Cascade is a major player in engineered wood products and plywood production in North America.
Boise Cascade Company (NYSE: BCC) has announced the retirement of Nick Stokes, executive vice president of Building Materials Distribution (BMD), effective March 12, 2021, after 42 years of service. Jeff Strom will succeed him, bringing nearly 30 years of industry experience. Stokes has been instrumental in BMD's growth, overseeing the addition of five distribution centers to the existing network of 38 branches and expanding the millwork locations to nine. CEO Nate Jorgensen emphasized the importance of this leadership transition for future growth and service to stakeholders.
Boise Cascade Company (NYSE: BCC) has announced the opening of a new door shop in Houston, spanning 160,000 square feet. This facility will serve around 900 customers from the Building Materials Distribution’s Houston Center. It will assemble Therma-Tru exterior doors and offer various premium finishing options, starting production in Q3 2021. This expansion is part of Boise Cascade's growth strategy and adds to their existing door shops in the U.S. and Texas.