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.

U.S. Laminates To Hit $6.8 Billion In 2020

Increased cabinets and furniture demand will continue to drive the growth of decorative laminates in the United States 2.5 percent annually, reaching 11.6 billion square feet —$6.8 billion — in 2020, according to new research…

Lumber Liquidators Pays $2.5 Million To Settle California Clean Air Claims

Hardwood flooring retailer Lumber Liquidators Inc. has paid the California Air Resources Board (CARB) $2.5 million to settle claims that the company sold composite wood products that exceeded California formaldehyde limits, and failed to take…

Boise Cascade Gets Antitrust Clearance For Engineered Lumber Acquisition

Boise Cascade Co. has received antitrust clearance from the United States Department of Justice to proceed with its previously announced acquisition of Georgia-Pacific LLC’s engineered lumber production facilities located at Thorsby, Alabama, and Roxboro, North…

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