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.
News in composite panels
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.
Tafisa Canada Announces $62 Million Investment in Lac-Mégantic Facilities
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. Investing $250 Million in New State-Of-The-Art Particleboard Press Line at Its Val-D’Or, Quebec, Facility
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.
Egger Reported to Be Investing in Third Thermally Fused Lamination Lane at Its Lexington, NC, Facility
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.