Boise Cascade Corp.: The Boise, Ida.-based forest...
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From Times Staff and Wire Reports
Boise Cascade Corp.: The Boise, Ida.-based forest products firm posted 1990 fourth-quarter net income of $4.8 million, a 92% drop from a year ago. Sales declined to $1 billion from $1.1 billion. For the year, net income fell 72% to $75.3 million. The company cited weaker prices for many of its paper and wood products, a slowing U.S. economy and increased interest expense.
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