Egger Wood Products will invest $20 million for an additional thermally fused laminate (TFL) production line at the company’s sole U.S. location in Lexington, NC. The company’s Supervisory Board announced the investment, part of completion for Phase I work at the site, after visiting the U.S. plant for its quarterly meeting.
Since September 2020, the facility has been producing particleboard and TFL for use in interior design applications. Scheduled for completion by the end of 2022, the third lamination line will represent a 50% increase in TFL production capacity and shorter lead times for customers.
Carsten Ritterbach, plant manager for commercial services, says, “In light of the supply chain disruptions experienced around the world this year, increasing production capacity is one of the best ways we can serve our customers in the United States and Canada.”
Burlington, Wash.-based Pacific Woodtech announced the acquisition of Louisiana-Pacific Corp.’s EWP (I-Joist and LVL) division for $210 million. The acquisition includes LP laminated veneer lumber and I-Joist manufacturing facilities in…
Arauco has announced that it will invest $20 million to expand its thermally fused lamination (TFL) operations at its state-of-the-art particleboard mill in Grayling, Mich. The new lamination line will be Arauco’s third TFL line at Grayling and will increase the…
Raute Corp.’s Board of Directors has appointed Mika Saariaho as the new President and CEO beginning in late November. He will join Raute from Metso Outotec Corp. where he holds the position of Senior Vice President. Saariaho succeeds Tapani Kiiski who left…
Bakelite Synthetics has completed the previously announced acquisition of Georgia-Pacific’s chemicals business (Georgia-Pacific Chemicals). With this acquisition, and after more than 100 years…
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