Boise Cascade selling mills to Woodgrain Millwork
Boise Cascade Company is selling its northeast Oregon lumber mills in Pilot Rock and La Grande and the particleboard operations in Island City to Woodgrain Millwork.
The transaction does not include Boise Cascade`s plywood mill or the powerhouse and log utilization center, based in Elgin, Ore.
Woodgrain is a manufacturer and supplier of moulding, door shop products, and window parts, headquartered in Idaho. Terms of the transaction were not disclosed.
"The sale to Woodgrain allows us to further focus on our veneer-based engineered wood products and plywood businesses," said Mike Brown, senior vice president of operations, Boise Cascade Wood Products division. "Woodgrain is a family-owned company with a solid reputation in the industry. The products manufactured at these northeast Oregon facilities are a good fit with their business strategy."
The deal is expected to close within 60 days, both companies said.
Woodgrain Millwork is based in Fruitland, Idaho and has operations at 18 locations around the United States in addition to a joint venture in Chile.
“Being a fully integrated company in each step of our supply chain has become one of our core strengths as a company," said Kelly Dame, Woodgrain CEO. "Being able to grow the Woodgrain Lumber division is a key step in growing as a company. We are excited about the opportunity it offers."
The transaction does not include Boise Cascade`s plywood mill or the powerhouse and log utilization center, based in Elgin, Ore.
Woodgrain is a manufacturer and supplier of moulding, door shop products, and window parts, headquartered in Idaho. Terms of the transaction were not disclosed.
"The sale to Woodgrain allows us to further focus on our veneer-based engineered wood products and plywood businesses," said Mike Brown, senior vice president of operations, Boise Cascade Wood Products division. "Woodgrain is a family-owned company with a solid reputation in the industry. The products manufactured at these northeast Oregon facilities are a good fit with their business strategy."
The deal is expected to close within 60 days, both companies said.
Woodgrain Millwork is based in Fruitland, Idaho and has operations at 18 locations around the United States in addition to a joint venture in Chile.
“Being a fully integrated company in each step of our supply chain has become one of our core strengths as a company," said Kelly Dame, Woodgrain CEO. "Being able to grow the Woodgrain Lumber division is a key step in growing as a company. We are excited about the opportunity it offers."