Owens Corning and Masonite International Corporation have entered into an agreement under which Owens Corning will acquire all outstanding shares of Masonite for approximately $3.9 billion.
News in composite panels
Small Fire Reported at Georgia Pacific’s Mount Jewett, PA, MDF Facility
On Tuesday, a fire was reported in a press area at Georgia Pacific’s MDF facility in Mount Jewett, Pennsylvania, The Bradford Era reported.
Ontario Announces $1 Million in Funding for Expansion Project at Distinctive Wood Products
Ontario is investing $1 million (CAD) via the Forest Sector Investment and Innovation Program in Distinctive Wood Products, a manufacturer of kitchen cabinets and accessories.
Kronospan to Purchase Roseburg Forest Product’s Simsboro, Louisiana, Particleboard Facility
Kronospan and Roseburg Forest Products jointly announced that they had executed a planned purchase and sales agreement between the companies.
Bakelite Synthetics Announces Agreement to Acquire LRBG Chemicals
Bakelite Synthetics has agreed to purchase and acquire LRBG Chemicals, Inc., a Canadian resin manufacturer and developer.
The European Panel Federation Reports European Wood-Based Panel Consumption Declined in 2022
According to figures released on Friday (6-2-23), by the European Panel Federation (EPF), European wood-based panel production declined by 7.8%. […]
Roseburg Forest Products Pembroke Ontario MDF Plant Receives $3 million in Funding for Technology Upgrades
Canadian Parliament Member Anita Vandenbeld announced today (6-27-23), on behalf of Minister of Natural Resources Jonathan Wilkinson, that Roseburg Forest […]
Roseburg Forest Products Announces Permanent Closure of Its Taylorsville, Mississippi, Particleboard Plant
Roseburg Forest Products announced on Friday that it intends to permanently cease operations at its Taylorsville, Mississippi, particleboard plant on August 21st, 2023.
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.