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.
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Contacts
Media contact: Lisa Tschampl, 208-384-6552, lisatschampl@bc.com
Investor contact: Kelly Hibbs, 208-384-3638
