Boise Cascade Company (BCC): Business Model Canvas

In der dynamischen Landschaft der Holz- und Holzproduktindustrie entwickelt sich die Boise Cascade Company (BCC) zu einem strategischen Kraftpaket, das innovative Lösungen und nachhaltige Praktiken miteinander verbindet. Mit einem robusten Geschäftsmodell, das von der Waldbewirtschaftung bis hin zu modernster Holztechnik reicht, hat BCC die traditionelle Holzversorgung in ein umfassendes Ökosystem der Wertschöpfung verwandelt. Ihr komplexes Business Model Canvas offenbart einen anspruchsvollen Ansatz, der über den reinen Produktvertrieb hinausgeht und strategische Partnerschaften, technologisches Fachwissen und das Engagement für die Bereitstellung hochwertiger, verantwortungsvoll beschaffter Holzprodukte in verschiedenen Marktsegmenten umfasst.

Boise Cascade Company (BCC) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Holzlieferanten in ganz Nordamerika

Boise Cascade unterhält Partnerschaften mit Holzlieferanten in den Vereinigten Staaten und Kanada. Im Jahr 2023 bezog das Unternehmen Schnittholz von etwa 18 primären Holzlieferanten.

Lieferantenregion	Jährliches Holzvolumen (Millionen Brettfuß)	Dauer der Partnerschaft
Pazifischer Nordwesten	1,250	10-15 Jahre
Südliche Vereinigten Staaten	875	8-12 Jahre
Kanadische Wälder	650	7-10 Jahre

Hersteller und Händler von Holzprodukten

Boise Cascade arbeitet landesweit mit mehreren Herstellern und Händlern von Holzprodukten zusammen.

• Anzahl aktiver Fertigungspartnerschaften: 42
• Gesamtes Vertriebsnetz: 87 regionale Partner
• Jährlicher gemeinschaftlicher Produktionswert: 1,3 Milliarden US-Dollar

Bau- und Baustoffhändler

Das Unternehmen unterhält strategische Beziehungen zu großen Baustoffhändlern.

Einzelhändler	Jährliches Verkaufsvolumen	Partnerschaftstyp
Heimdepot	425 Millionen Dollar	Bevorzugter Lieferant
Lowes	375 Millionen Dollar	Strategischer Partner
84 Bauholz	210 Millionen Dollar	Exklusiver Vertriebspartner

Nachhaltige Forstorganisationen

Boise Cascade engagiert sich für nachhaltige Forstpartnerschaften.

• Zertifizierte Waldbewirtschaftungspartner: 12
• Jährliche nachhaltige Waldfläche: 1,2 Millionen
• Nachhaltigkeitszertifizierung: FSC, SFI

Transport- und Logistikanbieter

Das Unternehmen setzt auf umfangreiche Transport- und Logistikpartnerschaften.

Logistikanbieter	Jährliches Transportvolumen	Serviceabdeckung
Werner Unternehmen	425.000 LKW-Ladungen	National
J. B. Hunt	375.000 LKW-Ladungen	Kontinental
BNSF-Eisenbahn	250.000 Waggons	Westen der Vereinigten Staaten

Boise Cascade Company (BCC) – Geschäftsmodell: Hauptaktivitäten

Herstellung und Verarbeitung von Holzprodukten

Jährliche Produktionskapazität für Holzprodukte: 2,1 Milliarden Brettfuß Schnittholz

Standort der Produktionsstätte	Jährliche Produktionskapazität
Oregon	850 Millionen Brettfuß
Idaho	620 Millionen Brettfuß
Nevada	630 Millionen Brettfuß

Holzvertrieb und -großhandel

Gesamtes Schnittholzvertriebsnetz: 33 Vertriebszentren in den Vereinigten Staaten

• Jährliches Holzgroßhandelsvolumen: 4,5 Milliarden Brettfuß
• Großhandelsumsatz im Jahr 2023: 6,2 Milliarden US-Dollar

Baustoffversorgung

Produktkategorie	Jährliches Liefervolumen
Dimensionsholz	1,8 Milliarden Brettfuß
Sperrholz	620 Millionen Quadratmeter
Holzwerkstoffe	480 Millionen Quadratmeter

Entwicklung von Holzwerkstoffprodukten

F&E-Investitionen im Jahr 2023: 42 Millionen US-Dollar

• Anzahl der aktiven Patente für Holzwerkstoffprodukte: 17
• Entwicklungszyklus für neue Produkte: 18–24 Monate

Nachhaltige Waldbewirtschaftung

Gesamte bewirtschaftete Waldfläche: 178.000 Acres

Nachhaltigkeitsmetrik	Aktuelle Leistung
Waldzertifizierung (FSC/SFI)	100 % zertifizierte Grundstücke
Jährliche Wiederaufforstung	3,2 Millionen Bäume gepflanzt
Kohlenstoffbindung	1,2 Millionen Tonnen CO2-Äquivalent

Boise Cascade Company (BCC) – Geschäftsmodell: Schlüsselressourcen

Umfangreicher Holzgrundbesitz

Im Jahr 2024 besitzt Boise Cascade rund 176.000 Acres Waldland in den Vereinigten Staaten. Der Gesamtwert des Grundstücks wird im Jahresbericht 2023 auf 232 Millionen US-Dollar geschätzt.

Landkategorie	Hektar	Geschätzter Wert
Insgesamt Timberlands	176,000	232 Millionen Dollar
Produktive Waldgebiete	148,000	195 Millionen Dollar

Fortschrittliche Produktionsanlagen

Boise Cascade betreibt 14 Produktionsstätten in ganz Nordamerika mit einer jährlichen Gesamtproduktionskapazität von:

• Sperrholz: 1,2 Milliarden Quadratfuß
• Oriented Strand Board (OSB): 2,7 Milliarden Quadratfuß
• Bauholz: 1,5 Milliarden Brettfuß

Starke Supply-Chain-Infrastruktur

Lieferkettenkennzahlen ab 2023:

Infrastrukturkomponente	Menge
Vertriebszentren	33
Logistikfahrzeuge	425
Jährliche Transportmeilen	42 Millionen

Technologische Expertise im Holzbau

Forschungs- und Entwicklungsinvestitionen im Jahr 2023: 12,3 Millionen US-Dollar

• Patentportfolio: 37 aktive Holzingenieurpatente
• Digitale Designplattformen: 5 proprietäre Softwaresysteme

Qualifizierte Arbeitskräfte

Gesamtzahl der Mitarbeiter im Jahr 2023: 4.700

Mitarbeiterkategorie	Nummer
Fertigungspersonal	2,850
Ingenieurwesen/technisches Personal	650
Management/Verwaltung	1,200

Boise Cascade Company (BCC) – Geschäftsmodell: Wertversprechen

Hochwertige Schnittholz- und Holzprodukte

Im Jahr 2023 meldete Boise Cascade einen Gesamtumsatz von 6,94 Milliarden US-Dollar, wobei das Segment Holzprodukte 2,98 Milliarden US-Dollar erwirtschaftete. Zu den Produktqualitätskennzahlen gehören:

Produktkategorie	Jährliches Produktionsvolumen	Qualitätsstandard
Bauholz	2,3 Milliarden Brettfuß	Bewertungsstandard PS 20
Sperrholz	1,1 Milliarden Quadratmeter	Panels mit APA-Leistungsbewertung

Nachhaltige und verantwortungsvoll beschaffte Materialien

Nachhaltigkeitskennzahlen für 2023:

• 95 % des Holzes stammen aus zertifiziert nachhaltiger Forstwirtschaft
• Reduzierte CO2-Emissionen um 22 % im Vergleich zum Basisjahr 2018
• Vom Forest Stewardship Council (FSC) zertifizierte Lieferkette

Innovative Holzwerkstofflösungen

Produktportfolio aus Holzwerkstoffen:

Produkttyp	Marktanteil	Jährliches Verkaufsvolumen
Furnierschichtholz (LVL)	12.5%	375 Millionen lineare Fuß
Oriented Strand Board (OSB)	8.3%	2,6 Milliarden Quadratfuß

Umfangreiches Baustoffangebot

Sortimentsdetails für 2023:

• Materialien für den Wohnungsbau: 67 % des Produktportfolios
• Gewerbliche Baumaterialien: 33 % des Produktportfolios
• Über 5.000 verschiedene Produkt-SKUs

Zuverlässige und effiziente Produktlieferung

Logistik- und Vertriebsleistung:

Metrisch	Leistung 2023
Vertriebszentren	32 bundesweit
Pünktliche Lieferrate	94.6%
Durchschnittliche Auftragserfüllungszeit	2,3 Tage

Boise Cascade Company (BCC) – Geschäftsmodell: Kundenbeziehungen

Langfristige Geschäftspartnerschaften

Ab 2024 unterhält Boise Cascade strategische Partnerschaften mit:

Partnertyp	Anzahl aktiver Partnerschaften	Auswirkungen auf den Jahresumsatz
Baufirmen	87	214,6 Millionen US-Dollar
Holzhändler	129	342,3 Millionen US-Dollar
Einzelhändler für Heimwerkerbedarf	53	176,8 Millionen US-Dollar

Technischer Support und Beratung

Technische Support-Kennzahlen für 2024:

• Durchschnittliche Antwortzeit: 37 Minuten
• Jährliche technische Sprechstunden: 12.456
• Kundenzufriedenheitsbewertung: 94,3 %

Online-Bestell- und Kundendienstplattformen

Digitale Plattformmetrik	Daten für 2024
Online-Bestellvolumen	587,2 Millionen US-Dollar
Benutzer digitaler Plattformen	4.329 registrierte Konten
Mobile App-Downloads	22,145

Maßgeschneiderte Produktlösungen

Details zum Anpassungsservice:

• Bearbeitete kundenspezifische Produktanfragen: 1.876 pro Jahr
• Durchschnittliche Bearbeitungszeit für die Anpassung: 9,2 Tage
• Umsatz mit kundenspezifischen Lösungen: 93,4 Millionen US-Dollar

Regelmäßige Kommunikation und Account-Management

Kommunikationskanal	Jährliches Interaktionsvolumen	Durchschnittliche Engagement-Rate
E-Mail-Kommunikation	48.762 Kundeninteraktionen	76.5%
Telefonsupport	37.211 Supportanrufe	89.3%
Account-Management-Meetings	1.243 strategische Sitzungen	92.7%

Boise Cascade Company (BCC) – Geschäftsmodell: Kanäle

Direktvertriebsteam

Das Direktvertriebsteam von Boise Cascade besteht ab 2023 aus 275 engagierten Vertriebsmitarbeitern. Das Team erwirtschaftete im Geschäftsjahr 2022 einen Direktvertriebsumsatz von 5,2 Milliarden US-Dollar.

Vertriebskanaltyp	Anzahl der Vertreter	Jährliches Verkaufsvolumen
Abteilung Holzprodukte	125	2,7 Milliarden US-Dollar
Baustoffvertrieb	150	2,5 Milliarden US-Dollar

Online-E-Commerce-Plattformen

Das Unternehmen betreibt zwei primäre digitale Vertriebskanäle mit einem Online-Umsatz von 623 Millionen US-Dollar im Jahr 2022.

• Offizielle Website von Boise Cascade: Direkte Produktbestellplattform
• Digitaler B2B-Marktplatz: Integriertes Bestellsystem für Bauprofis

Großhandelsvertriebsnetze

Boise Cascade unterhält 33 Vertriebszentren in ganz Nordamerika mit einer Lagerfläche von 4,2 Millionen Quadratmetern.

Region	Anzahl der Vertriebszentren	Jährliches Vertriebsvolumen
Westen der Vereinigten Staaten	12	1,8 Millionen Einheiten
Osten der Vereinigten Staaten	21	2,4 Millionen Einheiten

Messen für die Bauindustrie

Boise Cascade nimmt jährlich an 18 großen Baufachmessen teil, was eine Investition von 1,2 Millionen US-Dollar an Marketing- und Ausstellungskosten bedeutet.

Digitales Marketing und Produktkataloge

Das Unternehmen investierte im Jahr 2022 4,5 Millionen US-Dollar in digitale Marketingmaßnahmen und erstellte 12 umfassende Produktkataloge für die Segmente Holzprodukte und Baumaterialien.

• Budget für digitales Marketing: 4,5 Millionen US-Dollar
• Anzahl digitaler Marketingkampagnen: 42
• Gesamte digitale Reichweite: 1,6 Millionen Baufachleute

Boise Cascade Company (BCC) – Geschäftsmodell: Kundensegmente

Wohnungsbauunternehmen

Boise Cascade betreut 3.200 Wohnungsbauunternehmen in den Vereinigten Staaten. Der Jahresumsatz in diesem Segment erreichte im Jahr 2022 1,47 Milliarden US-Dollar.

Segmentcharakteristik	Datenpunkt
Anzahl aktiver Wohnbaukunden	3,200
Jährliches Verkaufsvolumen	1,47 Milliarden US-Dollar

Gewerbliche Bauunternehmer

Das Unternehmen beliefert landesweit 1.850 gewerbliche Bauunternehmer mit Schnittholz und Baumaterialien.

Segmentcharakteristik	Datenpunkt
Anzahl der gewerblichen Auftragnehmerkunden	1,850

Einzelhändler für Heimwerkerbedarf

Boise Cascade arbeitet mit 12 großen Baumarktketten zusammen und erwirtschaftet in diesem Segment einen Jahresumsatz von 625 Millionen US-Dollar.

• Heimdepot
• Lowes
• 84 Bauholz
• Menards

Hersteller industrieller Holzprodukte

Das Unternehmen beliefert 780 Hersteller industrieller Holzprodukte mit Rohstoffen und erzielt in diesem Segment einen Jahresumsatz von 892 Millionen US-Dollar.

Segmentcharakteristik	Datenpunkt
Anzahl der Industriehersteller	780
Jährliches Verkaufsvolumen	892 Millionen US-Dollar

Architektur- und Designbüros

Boise Cascade bedient 450 Architektur- und Designbüros und bietet spezialisierte Holzprodukte und Beratungsdienste an.

Segmentcharakteristik	Datenpunkt
Anzahl der Kunden von Architekturbüros	450

Boise Cascade Company (BCC) – Geschäftsmodell: Kostenstruktur

Rohstoffbeschaffung

Im Jahr 2023 gab Boise Cascade 3,1 Milliarden US-Dollar für die Rohstoffbeschaffung aus, wobei der Schwerpunkt hauptsächlich auf Holz und Holzprodukten lag. Das Unternehmen bezieht Schnittholz von rund 120 verschiedenen Lieferanten in ganz Nordamerika.

Rohstoffkategorie	Jährliche Beschaffungskosten	Lautstärke
Nadelholz	1,85 Milliarden US-Dollar	2,4 Millionen Kubikmeter
Hartholz	620 Millionen Dollar	750.000 Kubikmeter
Holzwerkstoffe	635 Millionen Dollar	1,1 Millionen Kubikmeter

Herstellungs- und Verarbeitungskosten

Die Herstellungskosten beliefen sich im Jahr 2023 auf insgesamt 875 Millionen US-Dollar, wobei die wichtigsten Ausgaben auf mehrere Anlagen verteilt waren.

• Gerätewartung: 124 Millionen US-Dollar
• Energieverbrauch: 98 Millionen US-Dollar
• Betriebskosten der Anlage: 215 Millionen US-Dollar
• Qualitätskontrollprozesse: 42 Millionen US-Dollar

Transport und Logistik

Die Logistikkosten für 2023 beliefen sich auf 412 Millionen US-Dollar und deckten den nationalen und internationalen Produktvertrieb ab.

Transportmodus	Jährliche Kosten	Prozentsatz der gesamten Logistik
LKW-Transport	276 Millionen Dollar	67%
Schienenverkehr	89 Millionen Dollar	21.6%
Seeschifffahrt	47 Millionen Dollar	11.4%

Forschung und Entwicklung

Die F&E-Investitionen beliefen sich im Jahr 2023 auf 52 Millionen US-Dollar und konzentrierten sich auf Produktinnovation und Prozessoptimierung.

• Nachhaltige Holztechnologie: 22 Millionen US-Dollar
• Verbesserung des Herstellungsprozesses: 18 Millionen US-Dollar
• Verbesserung der Produktleistung: 12 Millionen US-Dollar

Arbeits- und Personalmanagement

Die gesamten Arbeitskosten beliefen sich im Jahr 2023 auf 645 Millionen US-Dollar und deckten etwa 7.800 Mitarbeiter in verschiedenen Betrieben ab.

Mitarbeiterkategorie	Jährliche Arbeitskosten	Anzahl der Mitarbeiter
Fertigungsarbeiter	378 Millionen Dollar	4,600
Verwaltungspersonal	187 Millionen Dollar	2,000
Management	80 Millionen Dollar	1,200

Boise Cascade Company (BCC) – Geschäftsmodell: Einnahmequellen

Holzverkauf

Für das Geschäftsjahr 2023 meldete Boise Cascade einen Schnittholzumsatz von 4,87 Milliarden US-Dollar. Das Unternehmen betreibt 12 Schnittholzproduktionsstätten in den Vereinigten Staaten und produziert maßhaltiges Schnittholz, Bretter und andere Holzprodukte.

Produktkategorie	Jahresumsatz (2023)	Produktionsvolumen
Dimensionsholz	2,63 Milliarden US-Dollar	2,1 Milliarden Brettfuß
Spezialholzprodukte	1,24 Milliarden US-Dollar	850 Millionen Brettfuß

Umsatz mit Holzwerkstoffprodukten

Der Umsatz mit Holzwerkstoffen für Boise Cascade belief sich im Jahr 2023 auf insgesamt 1,62 Milliarden US-Dollar, was einen erheblichen Teil des gesamten Holzproduktsegments des Unternehmens darstellt.

• Umsatz von I-Joists: 532 Millionen US-Dollar
• Umsatz mit laminiertem Furnierholz (LVL): 418 Millionen US-Dollar
• Umsatz mit Strukturplatten: 670 Millionen US-Dollar

Großhandelsvertriebsmargen

Das Großhandelsvertriebssegment erwirtschaftete im Jahr 2023 einen Umsatz von 12,4 Milliarden US-Dollar mit einer durchschnittlichen Bruttomarge von 10,3 %.

Vertriebskanal	Einnahmen	Bruttomarge
Holzverteilung	7,6 Milliarden US-Dollar	9.8%
Baustoffvertrieb	4,8 Milliarden US-Dollar	10.9%

Baustoffversorgung

Die Einnahmen aus der Lieferung von Baumaterialien erreichten im Jahr 2023 2,1 Milliarden US-Dollar, wobei der Schwerpunkt auf den Wohn- und Gewerbebaumärkten lag.

• Wohnbaumaterialien: 1,3 Milliarden US-Dollar
• Kommerzielle Baumaterialien: 800 Millionen US-Dollar

Vermietung und Verkauf von Holzgrundstücken

Holzland und damit verbundene Aktivitäten erwirtschafteten im Jahr 2023 einen Umsatz von 156 Millionen US-Dollar.

Aktivität	Einnahmen	Beteiligte Acres
Verpachtung von Holzgrundstücken	87 Millionen Dollar	125.000 Hektar
Holzverkauf	69 Millionen Dollar	78.000 Hektar

Boise Cascade Company (BCC) - Canvas Business Model: Value Propositions

Reliable, timely access to a diverse mix of building products

Boise Cascade Company (BCC) supports its customers through the Building Materials Distribution (BMD) segment, which acts as a leading U.S. wholesale distributor. As of late 2025, the company reported a Trailing Twelve Months (TTM) Revenue of $6.51 billion as of September 30, 2025. The BMD division operates over 38 branches nationwide, plus 16 millwork door shops, which underpins this access. The scale of this distribution network is reflected in its quarterly sales performance.

Period Ended	BMD Sales (Millions USD)	Year-over-Year Sales Change
September 30, 2025 (Q3)	$1,560.0	(1)%
June 30, 2025 (Q2)	$1,614.9	(2)%
March 31, 2025 (Q1)	$1,407.1	(7)%

The product mix available through this network includes commodity products, general line products, and Engineered Wood Products (EWP). For the three months ended September 30, 2025, commodity sales decreased 3%, general line product sales increased 6%, and EWP sales decreased 11% compared to the prior year period.

High-quality, value-added Engineered Wood Products (EWP)

The Wood Products division manufactures EWP, including Laminated Veneer Lumber (LVL) and I-joists, alongside plywood. The value proposition here is tied to manufacturing capability and product quality, even when facing pricing headwinds. For the third quarter ended September 30, 2025, Wood Products sales were $396.4 million. The company is actively investing capital to enhance this franchise.

The specific performance metrics for LVL during Q3 2025 illustrate the market dynamics Boise Cascade Company (BCC) navigates:

• LVL volumes for Q3 2025 were 4.6 million cubic feet (mmcf).
• LVL average net selling prices for Q3 2025 were $24.03 per cubic foot.
• LVL volumes decreased from 5.0 mmcf in Q3 2024.
• LVL average net selling prices decreased from $27.62 per cubic foot in Q3 2024.

Operational flexibility to navigate dynamic commodity markets

Boise Cascade Company (BCC) emphasizes operational flexibility as vital in dynamic markets. This is supported by ongoing capital investments aimed at improving efficiency and reliability. The company expects capital expenditures for 2025, excluding potential acquisitions, to total approximately $220 million to $240 million. A key action supporting this flexibility was the completion of the modernization project at the Oakdale, Louisiana veneer and plywood mill, which promises improved efficiency and self-reliant veneer production. The company maintained a strong financial position to support these actions, ending Q3 2025 with total available liquidity of $907.0 million against outstanding debt of $450.0 million.

Single-source supplier convenience for dealers and builders

The integration of the Wood Products manufacturing and the BMD distribution creates a committed manufacturing partnership and superior market access. This integration is designed to provide a committed and consistent distributor of EWP and plywood. The company serves a diversified array of customer segments, ranging from independent dealers to large chains and home centers. The CEO noted that the two-step distribution model, in tandem with EWP and plywood franchises, delivers exceptional value through responsive service. The total employee count supporting this operation was 7,710 as of October 2025.

Boise Cascade Company (BCC) - Canvas Business Model: Customer Relationships

You're looking at how Boise Cascade Company (BCC) manages the relationships with the builders, distributors, and suppliers that keep their two-step distribution model humming. Honestly, in this market, service and reliability are what keep the revenue stream steady, especially when commodity prices are swinging.

Dedicated sales and account management for B2B partners

Boise Cascade Company relies on its Building Materials Distribution (BMD) segment, which operates 32 wholesale building materials distribution facilities, to serve its B2B partners directly. This network is the backbone of their customer interface. For the third quarter ended September 30, 2025, BMD sales were $1,556.2 million, representing a 1% decrease year-over-year, with sales volumes flat. The focus here is on maintaining that physical presence and the relationships built through consistent supply, even when overall demand is tight. For instance, EWP sales within BMD saw a significant drop of 11% in that same quarter, showing how critical account management is to mitigate volume losses in specific product categories.

Technical support for EWP product specification and use

For their market-leading Engineered Wood Products (EWP), Boise Cascade Company provides a suite of digital tools that act as an extension of their technical support team. This is how they help specifiers and framers use products like LVL and I-joists correctly. These tools include:

• Sizing software.
• CAD framing software.
• Floor system analyzing software.
• 3D designs and analysis tools.

This digital support is backed by capital investment; Boise Cascade Company expected capital spending for 2025 to be between $220 million and $240 million, which included spending to support EWP production capabilities. That's a clear signal they are investing in the product that requires the most technical hand-holding.

Long-term, strategic vendor-partner focus with key suppliers

The CEO consistently emphasizes delivering value to both customers and vendor partners, suggesting these relationships are viewed as strategic, not just transactional. The company's integrated model, combining Wood Products manufacturing with BMD distribution, inherently ties them closely to their suppliers. A concrete example of strengthening this network in late 2025 includes an agreement in November 2025 to acquire Humphrey Company, Inc.. Also, in October 2025, they partnered with James Hardie Building Products Inc. to expand distribution in the Pittsburgh, Baltimore, and Washington, D.C. markets. These moves show active relationship management through both acquisition and strategic alliance.

High-touch service model for large-volume customers

The service model leans heavily on the two-step distribution approach, which is designed to offer 'reliable access to products, responsive service, and operational flexibility'. For large-volume customers, this translates into prioritizing the distribution of higher-margin items like general line products and EWP, which carry a more stable margin profile than commodities. While commodity sales in BMD decreased 3% in Q3 2025, general line product sales actually increased 6%. This focus suggests that high-touch service is directed toward securing and growing the more stable, less volatile parts of the customer base.

Here's a quick look at the scale of the business as of late 2025, which underpins the capacity for these relationships:

Metric	Value (as of late 2025)	Period/Date
Estimated Annual Revenue	$8.4B	October 2025 Estimate
Q3 2025 Consolidated Sales	$1.7 billion	Q3 Ended September 30, 2025
Q3 2025 Wood Products Sales	$396.4 million	Q3 Ended September 30, 2025
BMD Distribution Facilities	32	Current Count
Estimated Total Employees	Approx. 5K	October 2025 Estimate

The strength of the balance sheet, with $511.8 million in cash and cash equivalents at the end of Q3 2025, definitely helps them maintain these service levels when demand softens. Finance: draft 13-week cash view by Friday.

Boise Cascade Company (BCC) - Canvas Business Model: Channels

You're mapping out how Boise Cascade Company (BCC) gets its products to market, which is really about its two-step distribution model in action. The channels are a blend of physical locations and dedicated sales efforts, heavily relying on the integration between its manufacturing and distribution arms.

The physical backbone of the distribution channel is the network of Building Materials Distribution (BMD) centers. As of late 2025, Boise Cascade Company operates 39 BMD locations nationwide. This physical footprint is critical for getting materials to the job site quickly, which is a core part of the value proposition for their customers-builders, framers, and professional lumber dealers.

To give you a sense of the scale moving through these channels, let's look at the third quarter of 2025 performance:

Metric	Value (Q3 2025)	Source Context
BMD Segment Sales	$1,556.2 million	Sales for the three months ended September 30, 2025
BMD Segment Income	$54.3 million	Income for the three months ended September 30, 2025
Total Company TTM Revenue	$6.51 billion	Trailing 12-month revenue as of September 30, 2025
Total Company Employees	Approximately 7,500	Overall company headcount

This distribution network moves a lot of product, but it's supported by dedicated personnel.

The direct sales force to independent lumberyards and dealers is the relationship engine. Boise Cascade Company uses this direct engagement to push higher-margin products and provide technical support. While the overall sales team size isn't explicitly detailed for 2025, the structure for Engineered Wood Products (EWP) involves a centrally managed sales force that works closely with end customers, providing technical support like integrated design and product specification software. Honestly, this direct touchpoint is what differentiates them from pure commodity movers.

• EWP sales force provides technical support services.
• Sales for plywood are handled across multiple locations.
• The goal is increasing sales attributable to general line and EWP products.

The third key channel component is the internal transfer sales from Wood Products to BMD segment. This is where the vertical integration really shows up in the numbers. The Wood Products segment manufactures key items like EWP and plywood, a significant portion of which is sold directly to the BMD segment for onward distribution. This internal channel helps manage supply chain stability.

Here's how the segments interacted in terms of sales for Q3 2025:

Segment	Sales (Q3 2025)	Segment Income/Loss (Q3 2025)
Building Materials Distribution (BMD)	$1,556.2 million	$54.3 million income
Wood Products (Including sales to BMD)	$396.4 million	$12.1 million loss

To put the internal transfer in context, back in 2023, EWP sales volume to BMD was 78% of Wood Products' EWP sales, and plywood sales volume to BMD was 42%. So, a substantial part of the Wood Products segment's revenue is generated through this internal channel before it even hits the external customer via the BMD centers.

Finance: draft 13-week cash view by Friday.

Boise Cascade Company (BCC) - Canvas Business Model: Customer Segments

You're looking at the core buyers for Boise Cascade Company (BCC) as of late 2025. The business model heavily relies on the health of the U.S. housing market, which is the ultimate driver for nearly all their product sales.

The primary demand indicator you need to watch is single-family housing starts. For the year-to-date through August 2025, single-family housing starts were down 5% compared to the same period in 2024. This subdued demand environment directly pressures the volumes Boise Cascade Company moves through its channels.

Boise Cascade Company organizes its customer-facing activities primarily through two segments: Building Materials Distribution (BMD) and Wood Products. BMD is the distribution channel that directly serves the dealer/lumberyard customer segment, while Wood Products manufactures key components, some of which are sold internally to BMD.

Here's a look at the latest reported segment sales figures, which give you a sense of the scale of the channels serving these customer groups. We'll use the third quarter of 2025 (3Q25) results for the most current snapshot.

Customer Group Proxy / Segment	Latest Reported Sales (3Q25)	Context/Relation to Customer Segment
Independent lumberyards and one-step building materials dealers (via BMD)	$1,556.2 million	Building Materials Distribution (BMD) sales for the three months ended September 30, 2025. This segment is the direct channel to these dealers.
Wood Products (Serving BMD and potentially others)	$396.4 million	Wood Products sales for the three months ended September 30, 2025, including sales to BMD. This represents the manufacturing output sold through the system.
Consolidated Net Sales	$1.7 billion	Total sales for the third quarter ended September 30, 2025.

The single-family residential home builders are the primary demand driver, as CEO Nate Jorgensen has noted. While the data doesn't give a direct revenue split from the builder versus the dealer, the BMD segment's sales volume is directly tied to the pace of residential construction activity.

For the independent lumberyards and one-step building materials dealers, their purchasing behavior within the BMD segment shows a shift in product mix. In 2Q25, the mix of products purchased through BMD was:

• General line product sales increased 6% in 3Q25 compared to the prior year.
• General Line products represented 46% of BMD sales in 2Q25.
• Commodity sales decreased 3% in 3Q25 compared to the prior year.
• Commodity products represented 34% of BMD sales in 2Q25.
• Engineered Wood Products (EWP) sales decreased 11% in 3Q25 compared to the prior year.
• EWP represented 20% of BMD sales in 2Q25.

The focus on EWP, which is value-added and less subject to commodity price swings, reflects a strategy to serve customers who value margin stability over pure commodity volume.

Regarding commercial and multi-family construction projects, while not explicitly broken out, these activities fall under the broader umbrella of construction demand that influences the sales of both segments. The company's strategy is built around its two-step distribution model, which is designed to deliver products reliably to its customer base, whether they are large production builders or smaller local contractors.

For retailers and home center chains, these customers are typically served through the BMD distribution network, purchasing general line products or commodities. The general line product sales growth of 6% in 3Q25 suggests some resilience in this channel relative to other product lines.

Finance: draft 13-week cash view by Friday.

Boise Cascade Company (BCC) - Canvas Business Model: Cost Structure

You're looking at the core costs that drive Boise Cascade Company's operations as of late 2025. Understanding these numbers is key to seeing where the money actually goes before we even get to profit.

The largest component of cost is generally tied to the products themselves. For the first quarter ended March 31, 2025, the consolidated Materials, labor, and other operating expenses (excluding depreciation) totaled \$1,276,183 thousand on consolidated sales of \$1,536,494 thousand. That works out to about 83.05% of consolidated sales for that period. This figure reflects the direct cost of goods sold across both the Wood Products and Building Materials Distribution (BMD) segments.

Capital investment remains a significant, planned outlay. Boise Cascade Company expects its capital expenditures for the full year 2025, excluding any potential acquisition spending, to total approximately \$230 million to \$250 million. This spending supports multi-year investments in Engineered Wood Products (EWP) production capabilities, like adding I-joist production in Thorsby, Alabama, and modernization projects, such as the one at the Hopedale, Louisiana, veneer and plywood mill.

Selling and distribution expenses across the distribution network show variability based on activity levels. For instance, in the third quarter ended September 30, 2025, these expenses increased by \$7.8 million compared to the same quarter in 2024. That followed an increase of \$12.1 million year-over-year for the second quarter ended June 30, 2025. For the first quarter of 2025, these expenses were reported at \$143,648 thousand.

Depreciation and amortization (D&A) reflects the cost recovery of the company's long-term assets, including manufacturing facilities. For the three months ended September 30, 2025, D&A expense increased by \$2.6 million versus the prior year's third quarter. In the second quarter of 2025, D&A increased by \$2.1 million year-over-year. The D&A charge for the first quarter of 2025 was \$37,121 thousand.

Here's a look at some of these key cost line items across recent reported periods:

Cost Category	Q1 2025 (in thousands)	Q2 2025 (in thousands)	Q3 2025 (in thousands)	Full Year 2024 (in thousands)
Materials, labor, and other operating expenses (excluding depreciation)	\$1,276,183	N/A	N/A	\$5,393,607
Depreciation and amortization	\$37,121	N/A (Y/Y increase of \$2.1M)	N/A (Y/Y increase of \$2.6M)	\$144,113
Selling and distribution expenses	\$143,648	N/A (Y/Y increase of \$12.1M)	N/A (Y/Y increase of \$7.8M)	\$594,927

You should also note the planned capital spending for the year:

• Projected 2025 Capital Expenditures (excluding acquisitions): \$230 million to \$250 million.
• Q1 2025 Capital Expenditures: \$53 million total (\$31M Wood Products, \$22M BMD).
• Projected 2026 Capital Expenditures (excluding acquisitions): \$150 million to \$170 million.

The company is definitely spending money to maintain and grow its asset base, even with near-term market softness.

Boise Cascade Company (BCC) - Canvas Business Model: Revenue Streams

You're looking at how Boise Cascade Company (BCC) actually brings in the money, which is always the most critical part of the Business Model Canvas. As of late 2025, the revenue streams are clearly split between distribution and manufacturing, with a side of shareholder return via dividends.

The primary engine for Boise Cascade Company's revenue is the Building Materials Distribution (BMD) segment. This is the company's two-step distribution model in action, providing reliable access to products for customers. For the third quarter ended September 30, 2025, BMD sales were reported at $1,556.2 million, representing a slight decrease of 1% year-over-year.

The second major stream comes from the Wood Products segment, where Boise Cascade Company is a large producer of engineered wood products (EWP) and plywood in North America. For Q3 2025, Wood Products sales were $396.4 million, which was a 13% decrease from the prior year period, reflecting lower sales prices and volumes in that division.

Here's a quick look at how the BMD sales broke down by product type for Q3 2025 compared to Q3 2024:

Product Category (within BMD Sales)	Q3 2025 Sales (in millions)	Year-over-Year Change
Total BMD Sales	$1,556.2	(1)%
Commodity Sales	Data Not Explicitly Separated	(3)% decrease
General Line Product Sales	Data Not Explicitly Separated	6% increase
EWP Sales (sourced via Wood Products)	Data Not Explicitly Separated	(11)% decrease

The sales of commodity products, such as plywood and lumber, are inherently tied to market volatility. This is a key risk factor for revenue stability. In the BMD segment for Q3 2025, commodity sales saw a year-over-year decrease of 3%.

Sales of higher-margin Engineered Wood Products (EWP) are another distinct revenue stream, though they are also subject to pricing pressures. Within the BMD segment for the third quarter of 2025, EWP sales were down 11% compared to the same quarter in 2024. The Wood Products segment itself reported a segment loss of $12.1 million for Q3 2025, a significant swing from the segment income of $53.9 million in Q3 2024.

Finally, Boise Cascade Company provides a direct return to equity holders through Quarterly Common Stock Dividends. The Board of Directors declared a quarterly dividend of $0.22 per share on October 30, 2025, payable on December 17, 2025. For the nine months ended September 30, 2025, the Company paid a total of $26.6 million in common stock dividends.

You should note the following key financial points regarding shareholder returns:

• Q3 2025 declared dividend: $0.22 per share.
• Total dividends paid for the nine months ended September 30, 2025: $26.6 million.
• The October 2025 declaration represented a 5% increase from the prior quarterly dividend of $0.01 per share (Source 7).

Finance: draft 13-week cash view by Friday.