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.
RELATED ARTICLES
Latest News
LP Building Products, Sherwood Lumber Partner On Engineered Wood
LP Building Products and Sherwood Lumber announce the distribution of the full line of LP SolidStart Engineered Wood Products to the distributor’s...
Labor Rule Could Make Wood Industry Workers Eligible For Overtime Pay
Tens of thousands of U.S. businesses - including wood manufacturers and their suppliers - will be affected when new changes to the wage and hour...
USDA Awards Funds To Grow Wood Energy And Wood Products Markets
The U.S. Department of Agriculture's Forest Service Chief Tom Tidwell today announced over $8.5 million to expand and accelerate technologies and...
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!