Roseburg Forest Products announced on Friday that it intends to permanently cease operations at its Taylorsville, Mississippi, particleboard plant on August 21st, 2023.
News in composite panels
CalPlant Announces Liquidation of Its Assets
CalPlant I Holdco LLC and its affiliates and subsidiaries announced that it will be proceeding with an orderly liquidation of its assets. The company had created the first no-added-formaldehyde, rice straw-based medium density fiberboard, Eureka™ MDF.
Metrie Acquires Anderco, Continuing to Grow its Solid Wood and MDF Manufacturing and Distribution Business
Woodworking Network reported on Tuesday that Metrie Inc. has entered into a definitive agreement to acquire certain assets of Anderco Inc., a Fullerton, California-based manufacturer and distributor doors and door frames.
Roseburg Forest Products Announces $700 Million Investment to Expand and Upgrade Its Operations in Oregon
Roseburg Forest Products announced on Friday that it plans to invest $700 million over the next four years to upgrade and expand its manufacturing operations in Oregon. The investment includes the creation of two new, state-of-the-art manufacturing plants and upgrades at existing facilities.
Egger Investing $42 Million in Its Lexington, North Carolina, Facility
According to reporting by Woodworking Network, Egger has announced that it had recently started production on a third lamination line at its Lexington, North Carolina, facility. Egger will also install a decorative paper impregnation line.
ARAUCO Board Approves $235 Million Investment in New MDF Line for Zitácuaro, Mexico, Facility
ARAUCO announced on Wednesday that its board of directors has approved an estimated investment of $235 million (USD) for the construction of a new MDF line in Zitácuaro, Mexico. The project is scheduled to be completed and the new line operational in 2025Q2.
Roseburg Modernizing and Automating Pembroke, Ontario, MDF Facility
Roseburg announced on Friday that the automation and modernization of its Pembroke, Renfrew County, Ontario, MDF plant are continuing. The Pembroke plant produces a wide variety of high quality MDF products, as well as manufacturing MDF mouldings onsite.
Koskisen and Stora Enso Develop Revolutionary Bio-Based Furniture Board
Koskisen is a Finnish wood industry company that produces sawn timber and panel products. Koskisen uses Stora Enso’s bio-based binder, NeoLingo® by Stora Enso, which is replacing fossil-based resins used in furniture boards.
West Fraser Issues Statement Regarding Recent Media Speculation About CVC Capital & Kronospan’s Interest in Acquiring the Company
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.
Wood Panel Production in Europe Increased 10% in 2021
According to the latest data released by the European Panel Federation (EPF), European wood-based panel production was up 10% in 2021.