Metsä Group and Sweco have signed an agreement for the implementation planning of the new Kerto LVL mill in Äänekoski, Finland. “We have strong confidence in Sweco’s expertise and resources from our previous collaboration projects. It is therefore natural that we continue our cooperation in this project to develop the Äänekoski mill area,” says Jaakko Anttila, Executive Vice President, Metsä Wood…
Flakeboard Buys Three Mills
Flakeboard Buys Three Mills
Flakeboard America Ltd., a U.S. subsidiary of Arauco, is acquiring the U.S. panel assets of SierraPine, including three composite board plants: particleboard plants at Martell and Springfield Calif. and a MDF plant at Medford, Ore.
The acquisitions will enlarge the panel capacity of the Arauco plants in North America to 2 billion SF (3/4 in. basis) or 3.5 million m3.
Meanwhile SierraPine states it will permanently close its particleboard plant in Adel, Ga., which was built in 1965.
Arauco acquired Flakeboard’s seven composite board mills and Uniboard’s particleboard/MDF/laminate complex in Moncure, NC in 2012. The North American mills operate under the Flakeboard name.
The Medford plant opened as a division of Medco in 1975.
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