Timber: Lumber Companies Merge Amid Crashing Prices

Just as once soaring lumber prices topple back to earth, Boise Cascade has announced its acquisition of Coastal Plywood Company for $512 million. Expected to close in the Q3 2022, the all cash deal will be funded by Boise Cascade’s current cash balances.  Coastal sells plywood, lumber, and treated wood products across the Eastern United…