Woodgrain and Boise Cascade Finalize Deal

Woodgrain announced that the company has finalized a deal with Boise Cascade for the sale of three of its operations in Eastern Oregon. Boise Cascade Company entered into a sales agreement with Woodgrain in mid-September for the purchase of the sawmills in Pilot Rock and La Grande, Oregon along with the particleboard operations in Island City, Oregon. As of November 3, Woodgrain is the owner of the three facilities and will resume full operations on Monday November 5.

“I am excited about the acquisition of these three facilities as they align well with our strategy of growth through vertical integration. Even more importantly I am excited about the talent of the individuals who will be joining the company. We have been impressed with the caliber of people who will be coming over in the acquisition. It says a lot about Boise Cascade, the individuals and the community. We plan on resuming full production at each facility as of November 5th with minimal delays in production and delivery,” said Kelly Dame, Woodgrain CEO.

“In my town halls last week throughout Eastern Oregon, I heard clearly from community members about the importance of economic opportunity in all parts of our state,” said U.S. Sen. Ron Wyden. He continued, “I am pleased that Woodgrain will continue operating these mills in Union and Umatilla counties because these facilities retain jobs and support rural infrastructure by processing materials from overstocked national forests. I look forward to working with Woodgrain and other industry leaders moving forward on collaborative forestry and long-term stewardship projects that strike a balance between rural jobs and our forests’ long-term health.”

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