'Boise Cascade Holdings, LLC', which uses the trade name 'Boise', is an
American pulp and paper company, ranked as the thirteenth largest forest products company in the world. It is composed of the assets sold off when the publicly-traded Boise Cascade Corporation renamed itself
OfficeMax Inc. (after acquiring the company of the same name in 2003).
Boise Cascade Corporation
'Boise Cascade Corporation', was established in 1957 as the result of the
merger between Boise-Payette Lumber Company of
Boise and the Cascade Lumber Company of
Yakima, Washington.
Boise-Payette was established in 1913 from a merger of the Payette Lumber & Manufacturing Company and Barber Lumber, a
Wisconsin company with operations in the Boise Basin. Payette Lumber, a
Minnesota firm, acquired 33,000 acres (130 km²) of state timber in Idaho's Long Valley near present-day
Cascade in 1902. To control the passage of logs downstream, the company built a large splash dam below Smith's Ferry on the North Fork of the
Payette River. Logs were sent downstream to
sawmills in the town of
Payette.
In the
1960's, Boise Cascade acquired a majority interest in the Cuban Electric Co., the primary electric utility in pre-
Castro Cuba.
[1]
In November 2004, the corporation completed its sale of its paper, building products, and timberland assets to Madison Dearborn Partners, a
private equity investment firm. Boise Cascade Corporation then renamed itself
OfficeMax, which it had acquired in 2003.
Boise Cascade Holdings, LLC
Following the sale, Madison Dearborn Partners then reorganized its newly acquired assets into 'Boise Cascade Holdings LLC', a
limited liability company.
Boise Cascade is headquartered in downtown
Boise.
The company is not affiliated with the
Canadian paper company
Cascades.
See also
★
Grand & Toy - acquired in 1996
References
1. OfficeMax Thwarts Families' Attempts To Tap Cuba Funds
External links
★
OfficeMax Inc. web site
★
Company web site
★
Madison Dearborn Partners