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.

Weyerhaeuser Rebuilds Force

Weyerhaeuser Co. reports it is hiring additional trades and production workers at its engineered lumber products plants in Natchitoches and Zwolle, La., and Emerson, Ark. “We are gearing up to ensure continuing product availability for…

Foundation Feels Fields’ Goodwill

Foundation Feels Fields’ Goodwill The Oregon Community Foundation announced a $150 million gift from the estate of Fred W. Fields, which will establish the Fred W. Fields Fund of The Oregon Community Foundation to support…

Stevens Assumes LP CEO Post

Louisiana-Pacific appointed Curt Stevens to succeed Rick Frost as LP CEO effective in May. Frost, who served as CEO since 2004, retired from LP May 31. Stevens, 59, joined LP in 1997 and has held…

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