Louisiana Pacific Corp., (LP) has announced it is making an investment of approximately $150 million into its Houlton mill to begin the manufacturing of LP SmartSide products, a type of advanced engineered wood strand siding there.
News in structural panels
LP Announces the Restart of the Peace Valley OSB Mill Later in 2021
Louisiana Pacific (LP) has announced that it intends to restart the Peace Valley OSB mill in Fort St. John, B.C. sometime later this year. LP curtailed the mill in June 2019 due a drop in U.S. housing starts and low commodity OSB prices.
West Fraser Timber Co. Ltd Completes Norbord Inc. Transaction
West Fraser Timber Co. Ltd and Norbord Inc., today (2-1-21) jointly announced that they have successfully completed the previously announced transaction, whereby West Fraser has acquired all of the issued and outstanding common shares of Norbord. Under the terms of the Transaction, holders of Norbord Shares received 0.675 of a common share of West Fraser for each Norbord Share held.
Fire Destroys Scotch Plywood Company’s Veneer Mill in Waynesboro Mississippi
Devastating fire reported at Scotch Plywood mill in Waynesboro, MS.
Norbord to Restart Chambord Quebec OSB Mill in Spring of 2021
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.
U.S. Commerce Department Announces Increased Import Duties on 21 Chinese Exporters and Producers of Hardwood Flooring and Plywood
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., to Purchase Norbord Inc. in an All Stock Transaction
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).
U.S. District Judge Denies U.S. Structural Plywood Integrity Coalition Lawsuit Against Brazilian Plywood Manufacturers
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., Announces Permanent Closure of 100 Mile House OSB Mill
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 Acquires 20-Acre Facility in Thomson, Georgia for new Southeastern Hub
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.