Boise Cascade in Medford prepares for an uptick in demand by spending $11 million to install a new dryer.
The Medford Boise Cascade plywood plant is preparing for an increased demand by spending $11 million to install a new dryer with 50% more capacity.
Western Oregon Region engineering manager David Elliott said that usually winter would be the best time to install, but with the economy and demand down this summer, it is the perfect time for a large project.
Boise’s expenditure is a positive sign, said Ron Fox, executive director at Southern Oregon Regional Economic Development Inc.
“A good measure of the long-term prosperity of industrial (operators) is to look at their annual or periodic capital investment,” Fox said. “Almost every company has to invest in capital facilities to remain competitive in the marketplace, and this is a sign they are making a long-term commitment to their operations in the area. Boise is obviously looking way to the future because the general housing market is still very slow across the United States. That’s a sector with a huge impact on our region.”
Read more at the Mail Tribune.