Boise Cascade, L.l.c. · NYSE:BCC
Boise Cascade, L.l.c — Merger or Acquisition (December 2015)
6 slides from Boise Cascade, L.l.c's merger presentation, Dec 21, 2015
Slide 1: Engineered Lumber Acquisition Overview
0 Boise Cascade Company Investor Presentation July 2013 Engineered Lumber Acquisition Overview December 21, 2015
Slide 2: Forward-Looking Statements
1 ■ This presentation includes statements about our expectations of future operational and financial performance that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The accuracy of such statements is subject to a number of risks, uncertaint
Slide 3: Transaction Summary
2 Transaction Summary ■ Purchasing Georgia-Pacific’s engineered lumber business for $215 million, which includes targeted working capital of $25 million. ■ Significant underutilized capacity with meaningful synergies within Boise Cascade manufacturing and distribution system: Expect mid-cycle EBIT
Slide 4: Strategic Rationale
3 Strategic Rationale ■ Improves ability to support continued growth in southern and eastern housing construction. ■ Cost-efficient path for adding EWP capacity compared to new construction. ■ Facilities located in cost-competitive wood baskets. ■ Will provide significant freight and other cost syne
Slide 5: Excellent Strategic Fit
4 Excellent Strategic Fit ID FL NM DE MD TX OK KS NE SD ND MT WY CO UT AZ NV WA CA OR KY ME NY VT NH MA RI CT WV IN IL NC TN SC AL MS AR LA MO IA MN WI NJ GA DC VA MI OH PA Thorsby, AL Roxboro, NC Headquarters EWP Manufacturing Facilities (4) currently Plywood/Veneer Manufacturing Facilities (9) Lum
Slide 6: Capital Allocation Priorities
5 Capital Allocation Priorities ■ Accelerate organic growth: Modernization project at Florien, LA plywood operations (estimated completion 2H-2016) ■ Pursue acquisitions: Add value for shareholders as housing recovery continues. Strengthen competitive position through synergies. ■ Repurchase s
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