Boise Cascade Curtails Lumber Operations in Chapman, AL

SEATTLE (Scrap Monster): 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."

 Courtesy: www.finance.yahoo.com