Boise Cascade Begins Public Stock Offering

By Bill Esler | Posted: 01/24/2013 6:03PM

 

Boise Cascade plywoodBoise Cascade plywood warehousing. BOISE, ID -  Boise Cascade commenced an initial public offering of 11,764,706 shares of its common stock. The initial offering will be $16-$18 per share, and stock will be lsited at the New York Stock Exchange under the symbol BCC.

The plywood and lumber products firm will be renamed Boise Cascade Company. Boise, a vertically integrated wood products manufacturer, first announced its intention to go public in November, with BofA Merrill Lynch, Goldman, Sachs & Co., Deutsche Bank Securities, J.P. Morgan and Wells Fargo Securities as managers in the sales of shares.

Boise Cascade's fortunes have improved with the housing market rebound and the general economic improvement, and it added jobs at its plywood and engineered wood plants in Medford, White City and Willamina, OR. Boise Cascade has widespread operations in the United States and Canada.

 

About the Author

Bill Esler, Woodworking Network, WMS

Bill Esler

Bill Esler, Editorial Director, Woodworking Network Bill is responsible for overall content at WoodworkingNetwork.com Woodworking Network magazine, and related newsletters. Bill also manages event programs for Woodworking Network Live conferences at the Woodworking Machinery & Supplies Expo in Toronto and Cabinets & Closets Expo. He developing audience engagement programs using custom digital printing, live lead-generating events, custom websites, and custom digital and print content. Read Bill Esler's woodworking blogs. He can be reached at besler@woodworkingnetwork.com or follow him on Google+.

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