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.

North American Panel Products Analysis And Forecast To 2019

Research and Markets has announced the addition of the “North America Urea Formaldehyde Resin Market by Application (Particleboard, Medium Density Fiberboard, Plywood, Molding Powder, Adhesives & Coating, Roofing Mat), by Country (U.S., Canada, Rest of…

13 Composite Panel Plants Named Best In Safety

Thirteen composite panel facilities and one corporation as a whole were recognized for their safety achievements during the Composite Panel Association’s annual spring meeting held last week in Bonita Springs, FL. Arauco North America received…

Stemwood Will Cease Operations

StemWood, a New Albany, Ind.-based veneer and lumber operation since 1905, announced it is winding down operations over the next several months while looking for a possibe buyer. “The exodus of American furniture manufacturing to…

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