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Boise native William Agee joined the company in 1964 and was the chief financial officer from 1969 to May 1972; [5] [6] the stock price rapidly rose to $77 in 1969, but was down to $15 by the fall of 1971. [7] [8] Boise Cascade's current headquarters in Boise was built in 1970, designed by architecture firm Skidmore, Owings & Merrill.
In 1997, Hurlbutt became Boise Cascade's director of environmental affairs, and he assumed responsibility for governmental affairs in 1998. [11] Hurlbutt's final position with Boise Cascade was as vice president of public policy and environment. He retired from the company in 2004. [12]
In 1973 Halliburton purchased Ebasco Services from Boise Cascade, but the Justice Department reversed the sale over concerns that it gave Halliburton control over too much of the industry's engineering expertise. [33] By the mid-1970s, Ebasco had stepped beyond its 1961 filing with the SEC, claiming its intention of becoming an investment company.
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In 1930 the Forest Service began mapping the Mount Emily Lumber Company holdings in the Umatilla National Forest.The Forest Service anticipated a purchase application by the company for over 221,000,000 board feet of lumber and began a survey of sites in the Umatilla National Forest and the Wallowa–Whitman National Forest.
Boise Cascade expects to use $25 million of the net proceeds to repay borrowings on its revolving credit facility and the remainder for general corporate purposes. Following the IPO, there will be ...