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.

Nordic Veneer Announces Closure

Long-established veneer production facility Nordic Veneer is closing the veneer plant near Roseburg, Ore. it purchased from Forest Industries in 1960. Nordic Veneer was founded in 1954 by Dick Adams and Norm Jacobsen when they…

Hood Industries Announces Plywood Mill Closure In Mississippi

Hood Industries has said it is closing its plywood mill in Wiggins, Miss., which Hood has operated since 1984 and was started up in 1971 by International Paper. Hood Industries’ closure at Wiggins will affect…

Union Pacific Signs Contract For Domestic Rails

Union Pacific Railroad and Rocky Mountain Steel Mills have reached a new, seven-year contract for the domestic production of steel rails, underscoring Union Pacific’s clear commitment to buying the majority of its rail from a…

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