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
Chris Swanson Named Swanson Group President
Chris Swanson Named Swanson Group PresidentOregon-based Swanson Group announced the appointment of Chris Swanson as President. In the expanded role...
USA Bioenergy, LP Sign Feedstock Letter Of Intent
USA Bioenergy, LP Sign Feedstock Letter Of Intent USA BioEnergy (USABE) has signed a letter of intent with LP Building Solutions (LP) outlining...
RedBuilt Appoints Ted Osterberger As CEO
RedBuilt Appoints Ted Osterberger As CEOHampton Lumber and affiliate, RedBuilt, are pleased to announce the appointment of Ted Osterberger as Chief...
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!