Boise Cascade Announces Curtailment of Lumber Operation in Elgin, Oregon

Boise Cascade Company
1111 West Jefferson Street Ste 300
PO Box 50 Boise, ID 83728
T 208-384-6161 F 208-331-5757

Media Contact
Lisa Chapman
Office 208-384-6552

Regional Manager Contact
John White
Office 541-770-6221

For Immediate Release: May 16, 2018

BOISE, Idaho – Boise Cascade Company (Boise Cascade) (NYSE: BCC) announced today the curtailment of its lumber operation in Elgin, Oregon. The 60-day notice includes the sawmill, planer and shipping department; the powerhouse and log utilization center will remain operational.

“Boise Cascade has operated the Elgin lumber mill since 1960. This portion of the Elgin complex is not cost competitive in the marketplace given its age, size and technology,” stated John White, Regional Manager, Wood Products. “Even with significant new capital investments, it is not clear the lumber mill can be positioned to be cost competitive. We have announced an indefinite curtailment as we assess the future of the Elgin lumber operation.”

“The hourly workers and management staff have been notified,” said Steve Lyon, Northeast Oregon Human Resources Manager. “We understand the effect of this announcement on our employees and their families, and we are providing information and resources to help them as best we can.”

The company anticipates ceasing operations at the lumber mill by mid-July. A phased shutdown approach will be deployed, starting first with the sawmill, followed by the planer, concluding with the shipping department once existing inventory has been exhausted.

Boise Cascade continues to employ more than 500 people at the Elgin Plywood Mill and its facilities in nearby La Grande, Island City and Pilot Rock.

About Boise Cascade
Boise Cascade 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.

This entry was posted in Investor Relations. Bookmark the permalink. Both comments and trackbacks are currently closed.