Top Net Payout Yield Companies To Own For 2015: Boise Cascade Co (BCC)
Boise Cascade Company, formerly Boise Cascade, L.L.C., incorporated on July 26, 2004, is a vertically-integrated wood products manufacturer and building materials distributor with operations throughout the United States and Canada. The Company operates in two segments: wood products segment and our building materials distribution segment. The Company manufactures engineered wood products, plywood, lumber, and particleboard and distributes a line of building materials, including wood products manufactured by the Company's wood products division. The Company's products are used primarily in new residential construction, residential repair and remodeling projects, light commercial construction and industrial applications. In September 2013, the Company announced that it has completed the acquisition of Wood Resources LLC's Southeast Operations, which include Chester Wood Products LLC and Moncure Plywood LLC.
Wood Products
The Company's w ood products segment is a manufacturer of engineered wood products (EWP) and plywood in North America. It manufactures LVL, I-joists and laminated beams and also produces plywood, studs, particleboard and ponderosa pine lumber, a lumber grade sold primarily to manufacturers of specialty wood windows, moldings and doors. Most of its wood products are sold to wholesalers, including its building materials distribution segment, home improvement centers, retail lumberyards and industrial converters.
Building Materials Distribution
The Company is a wholesale distributor of building materials in the United States. Its nationwide network of 31 strategically-located distribution facilities sells a line of building materials, including EWP, oriented strand board OSB), plywood, lumber and general line items, such as framing accessories, compo! site decking, roofing, siding and insulation. It also operates a truss manufacturing plant located in Maine. Its produ cts are used in the construction of new residential housing,! including single-family, multi-family and manufactured homes, repair and remodeling projects and the construction of light industrial and commercial buildings.
The Company markets its products primarily to retail lumberyards and home improvement centers that then sell the products to end customers, who are typically professional builders, independent contractors and homeowners engaged in residential construction projects. It also markets its products to industrial converters, which use its products to assemble windows, doors, agricultural bins and other products used in industrial and repair and remodel applications. The Company has more than 4,500 customers, which includes a diverse mix of wholesalers, home improvement centers, retail lumberyards and industrial converters. The Company supplies its customers through 49 located facilities (consisting of 18 manufacturing facilities and 31 distribution facilities).
Advisors' Opinion:- [By Matt Jarzemsky]
Installed Building Products' debut follows mixed performance from shares of some newly public building-products companies. Through Tuesday, siding manufacturer Ply Gem Holdings Inc.(PGEM)'s shares were down 39% from the offer price in its $381 May debut. Wood-products maker Boise Cascade Co.(BCC) was up 46% from its $284 million February IPO.
- [By Ben Levisohn]
Shares of Rayonier have plunged 15% to $46.97 at 12.36 p.m., but its fall doesn’t seem to have damaged other timber companies. Weyerhaeuser (WY) has gained 3.7% to $31.43 after it reported a profit of 27 cents today, beating estimates of 21 cents. Plum Creek Timber (PCL) is little changed at $49.47 and Boise Cascade (BCC) has risen 1.1% to $27.83.
- [By Blake Bos]
Investors searching for a lucrative investment to capita! lize on a! continued rebound in housing may have found the process to be quite precarious, as many companies have experienced significant run-ups in stock price. While most company valuations appear frothy, Boise Cascade (NYSE: BCC ) stands out as a possible cheaper alternative. In the video below, analyst Blake Bos shows you how to ask the right questions when deciding to invest and draws some valuable comparisons to competitor Weyerhaeuser (NYSE: WY ) .
source from Top Stocks For 2015:http://www.topstocksblog.com/top-net-payout-yield-companies-to-own-for-2015.html
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