Boise Cascade curtails lumber operations in Chapman, AL
28 Novembro 2023 - 11:31AM
Business Wire
Boise Cascade Company (Boise Cascade) (NYSE: BCC) today
announced an indefinite curtailment of its lumber production in
Chapman, AL. The curtailment will affect approximately 80
positions. The plywood operations at the Chapman location are not
part of the curtailment.
The Worker Adjustment and Retraining Notification (WARN) Act
notification was provided to impacted employees and specifies that
operations will cease on January 28, 2024.
“The team has worked diligently every day; however, a
combination of challenges, including required future investments
and overall profitability, has led to this decision,” said Chris
Seymour, Senior Vice President of Manufacturing Operations. “It was
a difficult and unfortunate decision, but after evaluating a number
of factors over the past year, it is not feasible to continue
operating at an efficient level.”
“We understand the impact that this shutdown has on our
employees and their families,” continued Seymour. “We are
communicating about job opportunities within the Company as well as
resources that are available to assist them.”
“We will work with our Chapman Lumber customers to manage the
transition between now and the eventual curtailment,” said Mike
Brown, Executive Vice President, Wood Products. “We continue to
focus on growing our engineered wood products business and
supporting the remainder of our manufacturing locations.”
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231128847316/en/
Media contact: Lisa Tschampl, mediarelations@bc.com Investor
contact: Kelly Hibbs, investor@bc.com
Boise Cascade (NYSE:BCC)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Boise Cascade (NYSE:BCC)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024