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
Weyco, Plum Creek Will Own 13 Million Acres
Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The...
New Projects Bring In The New Year
Article by Rich Donnell, Editor-In-Chief Numerous mill projects are in the works in the U.S., but as we enter the new year we’re especially keeping...
Slow Demand, Rising Production Stalls Lumber And Panel Markets
New WOOD MARKETS five-year forecast calls for continued volatility as North American and global lumber markets continue to recover and grow. In WOOD...
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!