Business briefs 7/27/04

Toyota recalling 128,316 Camrys

DETROIT -- Toyota Motor Co. is recalling 128,316 Camrys because the side air bags may not inflate properly. The defect has not been blamed for any deaths or injuries, Toyota spokeswoman Julie Alfonso said Monday. The recall covers cars from model years 2002 to 2004 with optional side air bags. Toyota said improper assembly caused some bags to become twisted -- a defect discovered by a supplier.

Boise Cascade Corp. selling for $3.2 billion

BOISE, Idaho -- Boise Cascade Corp. plans to sell its paper, forest products and timberland assets to a private investment group for about $3.2 billion in cash. The Idaho-based company said Monday that the sale to a new company formed by Madison Dearborn Partners LLC, a Chicago investment firm, should be completed by November. Boise Cascade will change its name to OfficeMax, acquiring the name of the office products seller it bought a year ago for $1.2 billion in cash and stock.

-- From wire reports