Boise, Idaho, USA 06 November 2018 -- Boise Cascade Company (Boise Cascade) (NYSE: BCC) announced today the 60-day notice of a permanent curtailment of its laminated veneer lumber (LVL) production at the Roxboro, NC, facility. The Roxboro facility will continue to produce I-joists. The curtailment will affect approximately 56 employees, and the company anticipates ceasing LVL operations by December 31, 2018.
"Unfortunately, despite great effort by the team, we have been unable to reduce manufacturing costs to an acceptable level," said Boise Cascade CEO Tom Corrick. "We understand the effect this shutdown has on our employees, their families, and the community. We will work to place employees or make them aware of job opportunities at our other facilities, as well as share available employee assistance resources."
"We expect no impact on our customers from this curtailment as we have additional capacity at our Alexandria, LA, and Thorsby, AL, engineered wood facilities that allow us to maintain our current service level and also support future growth," said Mike Brown, Senior Vice President, Wood Products Operations.
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.