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The Worker Adjustment and Retraining Notification (WARN) Act notification was provided to impacted employees and specifies that operations will cease on January 28, 2024.
This news comes little more than a year after Idaho-based Boise Cascade acquired the Alabama manufacturing location from Coastal Plywood Co. in June 2022. Officials at the time said the acquisition would optimize Boise Cascade’s existing engineered wood products (EWP) asset base and said they intended to invest $50 million into their new Southeast operations over a three-year period to further their EWP production capacity.
“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.”