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
Kadant Completes Cogent Purchase
Kadant Inc. completed its acquisition of Cogent Industrial Technologies Ltd., a leading industrial automation and controls solution provider. The acquisition enables Kadant to deliver a more data connected and integrated…
Great Plains MDF Moves Forward
Great Plains MDF announced it has selected a site for its greenfield wheat-straw based MDF plant, has added two industry veterans to its team, and has formed an…
Coastal Plywood Has Time On Its Side
Article by Rich Donnell, Editor-In-Chief, Panel World January 2021 – Take Coastal Plywood at Havana, Fla. for instance. Senior editor Jessica Johnson visited the plant in December to catch up on recent lathe and dryer projects. It prompted me to look back at the history of the plant and Panel World’s coverage of it…
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!