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The transaction was completed for $7 million to $12 million. Cleanup responsibilities for Portage Creek remained with Hanson. The pulp and paper mills in Jackson, Alabama were sold to Boise Cascade in May 1986 for $150 million. The name of Allied Paper had lasted from 1921 until 1988 but had now become history. [32] [33]
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.
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Chapman is located on the former Louisville and Nashville Railroad and was founded as a lumber town. It was the headquarters of the W. T. Smith Lumber Company, one of the oldest lumber firms in Alabama. [4] At one point, Chapman contained three sawmills, a veneer mill, a box factory, two barrel factories, and forty-four company houses. [5]
Boise is the headquarters for several major companies, such as Boise Cascade LLC, Albertsons, J.R. Simplot Company, Lamb Weston, Idaho Pacific Lumber Company, Idaho Timber, WinCo Foods, Bodybuilding.com, and Clearwater Analytics. Other major industries are headquartered in Boise or have large manufacturing facilities present.
Companies in that area include, Progress Energy, Boise Cascade, Honeywell, and Arauco. Brick manufacturing, which makes use of the local red clay soil, has been an important economic factor in the Moncure area, with several brick plants operating there and in Brickhaven. 3M operates a greenstone mine south of Pittsboro along US 15-501 ...
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