{"id":77064,"date":"2019-02-11T12:46:42","date_gmt":"2019-02-11T12:46:42","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/boise-cascade-sell-plywood-mill\/"},"modified":"2025-09-19T08:49:53","modified_gmt":"2025-09-19T08:49:53","slug":"boise-cascade-sell-plywood-mill","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/boise-cascade-sell-plywood-mill\/","title":{"rendered":"Boise Cascade to sell a plywood mill"},"content":{"rendered":"

Boise Cascade Company has entered into an agreement with an affiliate of Southern Veneer Products (Southern Veneer) to sell its plywood operations in Moncure, NC. Founded in 1998, Southern Veneer, located in Fitzgerald, GA, is a privately-held manufacturer of high-quality plywood, veneer and wood by-products.<\/em><\/p>\n

\u201cMoncure primarily supplies hardwood plywood to the furniture panel sector. The acquisition of this facility more closely aligns with Southern Veneer\u2019s business strategy. We believe this sale provides the best long-term option for continuing to serve the furniture market and sustain employment at the mill into the future,\u201d said Mike Brown, executive vice president, Wood Products division.<\/p>\n

Approximately 150 employees are employed by the facility.<\/p>\n

The sale is contingent upon the results of the due diligence process, which is expected to be complete in the first quarter. Boise Cascade will record a pre-tax charge of approximately $25 million in the fourth quarter of 2018 as a result of writing down the carrying value of the Moncure facility and the associated inventories, as well as accruing anticipated expenses related to the sale to Southern.<\/p>\n

In November,\u00a0Boise Cascade\u00a0shut down its laminated veneer production at its Roxboro, North Carolina facility, laying off 56.\u00a0It sold its lumbermill in Pilot Rock and La Grande, Oregon and its particleboard operations in Island City to Woodgrain Millwork in September.<\/p>\n

About Boise Cascade<\/strong>
\nBoise Cascade 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.<\/p>\n

About Southern Veneer<\/strong>
\nSouthern Veneer is a leading manufacturer of southern yellow pine plywood, veneer and wood by-products in the Southeastern United States.<\/p>","protected":false},"excerpt":{"rendered":"

Boise Cascade Company has entered into an agreement with an affiliate of Southern Veneer Products (Southern Veneer) to sell its plywood operations in Moncure, NC. Founded in 1998, Southern Veneer, located in Fitzgerald, GA, is a privately-held manufacturer of high-quality … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":60960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713,4716],"tags":[3821,4043],"class_list":["post-77064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","category-latest-trends","tag-boise-cascade","tag-plywood-plant","topic-wood-based-panels","area-north-america"],"acf":[],"yoast_head":"\nBoise Cascade to sell a plywood mill - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/boise-cascade-sell-plywood-mill\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boise Cascade to sell a plywood mill - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Boise Cascade Company has entered into an agreement with an affiliate of Southern Veneer Products (Southern Veneer) to sell its plywood operations in Moncure, NC. 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