LP Chair and CEO Brad Southern announced during LP’s Q2 2021 earning call, which was held on Tuesday, August 3, 2021, that their Peace Valley OSB facility located in Fort St. John, B.C. had officially pressed its first board on June 22, 2021 after restarting earlier in the year. Peace Valley was curtailed in June 2019 due to insufficient market demand.
Southern went on to say, “I am happy to announce that Peace Valley pressed its first board of OSB since restarting in late June. We have received APA certification and are shipping product, including LP TechShield Radiant Barrier, a significant contributor to structural solutions growth.”
LP’s goal is for Peace Valley to become a low-cost leader in the industry. Restarting the mill increases its ability to meet intense customer demand and adds to their strategic options for balancing OSB supply and demand with discipline, agility and efficiency. With its production of LP TechShield and LP LongLength OSB Sheathing, Peace Valley will also help the company reach goals for Structural Solutions as a percentage of total volume.
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LP Peace Valley OSB mill presses first board after restart