Devastating fire reported at Scotch Plywood mill in Waynesboro, MS.
Norbord, in a press release today (12/14), announced as part of their flexible operating strategy and in response to increased customer demand that they intend to restart production at their Chambord, Quebec OSB mill in the spring of 2021.
In an article in Floor Daily dated December 7th 2020, The Decorative Hardwood Association (DHA) is reporting that the U.S. Department of Commerce has completed its review of hardwood plywood antidumping and countervailing duty (AD/CVD) rates requested by the DHA of 21 Chinese exporters and producers.
West Fraser Timber Co. Ltd., and Norbord Inc., announced today (11/19) that they have entered into a strategic business combination pursuant to which West Fraser, a leading North American diversified wood products company will acquire all of the outstanding common shares of Norbord, the world’s largest OSB producer, in an all-stock transaction valued at approximately C$4.0 billion (US $3.1 billion).
In the Southern District of Florida, U.S. District Court Judge Roy K. Altman has ruled against the U.S. Structural Plywood Integrity Coalition, a collection of 10 different American plywood companies, in their lawsuit against PFS Corporation etal.
Norbord Inc., announced today (11/5), that they are officially and permanently closing their oriented strandboard mill located in 100 Mile House British Columbia. Operations at the plant were suspended in early August 2019 and since then only a handful of workers have remained onsite for maintenance purposes.
Timber Products Company has announced that they have recently acquired a 20-acre facility located in Thomson, Georgia, which will serve as the hub for TP Logistics for full 3PL service in the Southeastern United States.
Despite recent declines from record breaking high levels, forest product market experts anticipate prices for lumber and panels will remain strong throughout North America for the next several years. The demand for building products will be led by both new construction and home renovation as tight inventory and aging existing homes, along with low interest rates and untapped home equity.
Boise Cascade Company (BCC) has issued a WARN Act notice to the employees at their Elgin Oregon facility, for the possible reduction of production effective January 1st, 2021.
Following a complaint brought by the Woodstock Consortium acting on behalf of the Union producers of birch plywood, who represent a majority of the total European Union (EU) production of the product, the EU has launched an anti-dumping procedure for the import of birch plywood from Russia.