Reuters reported on Tuesday (7-19-22) morning that according to a source familiar with the matter, private equity firm CVC Capital and wood panel manufacturer Kronospan have submitted a joint expression of interest in acquiring Canadian lumber company West Fraser Timber Co.
According to the latest data released by the European Panel Federation (EPF), European wood-based panel production was up 10% in 2021.
Tafisa Canada, a subsidiary of the Sonae Indústria group, announced today (7-6-22), a total of $62 million (CAD) in investments […]
Uniboard Canada Inc., a leading North American manufacturer of engineered wood products, announced on Tuesday that it was investing $250 million (CAD) in a new state-of-the-art particleboard press line at its Val-d’Or, Quebec, plant. The new continuous press will feature the latest in particleboard production technology.
According to a June 14th report in the Triad Business Journals, Egger Wood Products—the Austria-based maker of wood-based materials, which opened its first US-based laminated plant in Lexington, NC, in 2020 producing particle board and thermally fused laminates (TFL)—is looking to expand at its facility.
Roseburg Forest Products, a privately-owned company and a leading manufacturer of particleboard, medium density fiberboard (MDF), and thermally fused laminates, announced today that it is in the process of exploring the feasibility of locating a second MDF plant or bioenergy product facility within its current western operations footprint.
Greenpanel Industries announced the restart of their Rudrapur MDF mill after repairs to refiner.
A fire was reported at the West Fraser WestPine MDF log yard, just north of Quesnel, B.C., on Tuesday (11-9-21) at 2:30 PM. Heavy smoke was seen billowing into the cemetery as firefighters were up against very windy conditions. Observers on the scene estimated that thousands of logs were on fire.
CalPlant I, LLC (“CalPlant” or the “Company”), a Northern California-based company focused on manufacturing sustainably sourced building products, today (10-5-21) announced it has entered into a Plan Support Agreement (the “PSA”) with its senior bondholders, while pursuing a sale of the Company. To facilitate the sale process and implement the PSA, the Company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware.
Roseburg Forest Products on Wednesday (8-25-21) announced plans for a multi-million-dollar investment in new technology at its western manufacturing operations, the result of an extensive analysis of strategic business opportunities in the west. As part of the restructuring, the company announced that it will close its particleboard plant in Dillard, Oregon and offer current team members employment opportunities elsewhere in the organization.