ROSEBURG ACQUIRES SIMSBORO FACILITY

Roseburg Forest Products has entered into an agreement to acquire Flakeboard’s particleboard manufacturing and laminating facility in Simsboro, La.

“This acquisition demonstrates our continued commitment to the composite industry and the customers we serve,” states Allyn Ford, Roseburg’s CEO and president. “Through our purchase of the plant in Simsboro, Roseburg will own one of the most modern continuous presses in the United States. This unique opportunity will fill a gap in our product line, allowing us to better meet the current and emerging needs of our composite customers.”

The transaction is expected to be completed this summer.

In the Southeast U.S. Roseburg currently operates particleboard plants at Taylorsville and Louisville, Miss. and Russellville, SC; and laminating plants at Oxford, Miss. and Orangeburg, SC.

Mohawk Purchases Spano, Pergo

Mohawk Industries, Inc. is purchasing Spano Invest NV (Spano), a Belgian panel board manufacturer, for €125 million ($168 million) in cash. Spano’s 2012 revenues are estimated at approximately €180 million ($231 million). This transaction is…

Raute Provides Market Snapshots

In its annual report, the plywood and LVL machinery and technology manufacturer, Raute, said 2012 was a clear improvement over the past few years, including a EUR 50 million order for machinery and equipment for…

We’re Not At The Jumping Up and Down Stage Yet

Story by Rich Donnell, Editor-in-Chief One of the comments I continued to hear from many industry professionals as we waded through the muddy recession together and as new housing starts sank to 500,000 annually (and…

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