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.
News in composite panels
Roseburg Forest Products Announces the Closure of its Dillard Oregon Particle Board Plant
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.
Extra Alarm Fire Reported at GP Mount Jewett Medium Fiberboard Plant
There were no reported injuries at an extra alarm fire at the Georgia Pacific Medium Density Fiberboard plant in Mount Jewett, Pennsylvania early on Monday morning (5-17-21).
Vinkovci, Croatia, based DI Spačva Timber Company Announces Prospective Buyers Have Started Due Diligence on the Company
DI Spačva, a timber company, based in Vinkovci, Croatia, has announced that prospective buyers have started conducting their due diligence on the company. DI Spačva consists of five factories: a sawmill, a parquet production plant, a final products factory, a veneer factor, and a bio-fuels factory.
Egger’s North America Ramps up their State-of-the-Art Particle Board Plant in Lexington NC
Egger Group, headquartered in Sankt Johanna, Austria, with over 17 production sites in Europe is in the process of bringing their first new, state-of-the-art particle board manufacturing plant with lamination capabilities online in North America in Lexington North Carolina.
Hurricane Laura Will Disrupt Gulf Coast Forest Products Industry
Nearly 50 forest product mills in the path of Hurricane Laura.
Vaughan-Bassett Furniture Announces Closure of their Webb Particleboard Plant In Galax, VA
Sighting reduced demand for particleboard over the past several years, Vaughan-Bassett Furniture Company has announced it intends to cease operations at their Webb Particleboard plant in Galax Virginia.
Extra Alarm Fire Damages Roseburg Forest Products Medford Oregon MDF Mill
A fire was discovered around 4:45 AM (PDT) on Tuesday August 11th, at Roseburg Forest Products, Medford Oregon, MDF plant.
Great Plains MDF Production Inc., Announces Plan to Build to New Facility in Stettler Alberta
In a press release, The Great Plains MDF Production Inc., officially announced that they intended to make Stettler Alberta the home of their new $ 750 million straw fiber Medium Density Fiberboard (MDF) plant.
Roseburg Forest Products Facility in Missoula Montana Suffers Early Sunday Morning Fire
Fire reported at Roseburg’s Missoula, Montana particleboard mill.