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.”

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Panel World May 2021

EGGER STARTS UP IN NORTH CAROLINA

Peak Renewables Ltd., an emerging, innovative, opportunity-driven company focused on growing the forest economy with sustainably sourced and renewable energy products, is pleased to announce that Scott Bax has been appointed as Chief Executive Officer, effective December 20, 2021.‬

‪As CEO, Bax is responsible for the people, culture and operations of Peak Renewable’s hydrogen and OSB activities throughout North America, including the recently announced One Sky Forest Products OSB plant in Prince Albert, Saskatchewan, a partnership between Peak Renewables and 12 Indigenous Nations.

Prior to joining Peak, Scott spent eight years with Pinnacle Renewable Energy, most recently as COO, where he grew the business three-fold to over 2.5 million MT of annualized wood pellet production and revenue in excess of $400M. A leader who prioritizes people, relationships, accountability and results, Bax brings over 25 years of experience of forestry and wood manufacturing operations throughout Canada and the U.S.‬

‪“I am excited to be joining a talented and committed team, engaged in the vital economic growth and renewables space,” says Scott Bax. “Under Brian Fehr’s visionary leadership, I am focused on safely and sustainably growing a business that yields benefits to workers, communities, indigenous peoples, the environment, and investors.”‬

‪Brian Fehr adds, “Scott brings experience, passion, and leadership to help elevate Peak Renewables as a difference maker and major player in the renewable forest economy. A relationship-oriented leader with proven results, his approach and experience will accelerate Peak’s projects and optimize operations.”‬