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.

Louisiana-Pacific Reconfigures Management Team

Louisiana-Pacific Corp. announced several changes to its executive management team. CEO Curt Stevens says, “These changes provide opportunities for LP to benefit from the shared perspectives and best practices across businesses as we continue to…

Plum Creek To Invest $10 Million In Montana Plants

A gradual increase in housing starts across the U.S. and better timber prices are two factors behind Plum Creek Timber Co.’s decision to invest $10 million in plant improvements at its Northwest Montana manufacturing plants.…

Montana Mill To Be Largest CLT Plant In The World

When completed, a new wood products plant at the Columbia Falls Industrial Park north of town will be the largest cross-laminated timber (CLT) plant in the world, Sen. Jon Tester learned during a meeting with…

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