Georgia-Pacific Names New Building Products Leader
Andy Konieczka, currently President–Structural Panels, will assume the leadership role for the building products business as Executive Vice President–Building Products. Konieczka will report to the company’s President and CEO Christian Fischer.
Konieczka has been with Koch companies since 1992. In 2006, he joined Georgia-Pacific, holding strategy, optimization and management roles in wood and fiber, and building products. He has served in his current role leading the panels business since 2019. Konieczka serves as a member of the Board of Directors for the APA–The Engineered Wood Assn.
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West Fraser Buys OSB Mill
An oriented strandboard plant in Allendale, SC will now have its third ownership since starting up in 2006. West Fraser Timber Co. Ltd. is purchasing the facility from Georgia-Pacific for $280 million. The Allendale facility has been idle since late 2019 when GP shut it down citing market conditions. The plant has an estimated…
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
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