Boise Cascade to invest $140MM in Alabama and Louisiana for EWP growth

BOISE CASCADE Co

Adding I-joist production at Thorsby, AL mill; converting plywood layup line to PSL at Chapman, AL.
Offered jobs to ~50 of 80 associates affected by Chapman lumber curtailment.
At Oakdale, LA: upgrade log center, new veneer dryer/press, modify existing dryer.
2024 capex estimate $250-270M, including these investments and prior distribution centers in TX and SC.

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