West Fraser Purchases Norbord For $3 Billion

by | Dec 10, 2020 | News

West Fraser Purchases Norbord For $3 Billion

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West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West Fraser.

“Norbord’s OSB production is a perfect complement to the West Fraser portfolio, enabling us to deliver a wider range of wood products, and making us a more complete, efficient and valuable partner for our customers,” says Raymond Ferris, President and CEO of West Fraser.

Norbord operates 17 plant locations in the U.S., Europe and Canada, encompassing 15 OSB mills, one MDF plant, two particleboard facilities and a furniture plant.

West Fraser operates 34 sawmills in British Columbia, Alberta and the Southern U.S., as well as three plywood operations and two MDF facilities in Western Canada.

West Fraser will continue to be led by Ferris as CEO and Chris Virostek as CFO. Peter Wijnbergen, President and CEO of Norbord, will be appointed President, Engineered Wood, responsible for the company’s OSB, plywood, particleboard, MDF and veneer operations. Sean McLaren, currently West Fraser’s Vice-President, U.S. Lumber, will be appointed President, Solid Wood, responsible for all of the company’s lumber operations.

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LP To Curtail OSB Production In Texas

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Idaho Central Credit Union Arena To Use Engineered Wood

Idaho Central Credit Union Arena To Use Engineered Wood

by | Jun 7, 2019 | News

Idaho Central Credit Union Arena To Use Engineered Wood

 

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The University of Idaho broke ground on its long-awaited Idaho Central Credit Union (ICCU) Arena.

The 4,200-capacity engineered wood mass-timber facility is slated to open in 2021 as home court for Vandal basketball programs and campus and community events.

Idaho Central Credit Union Arena

Planning for the structure has brought in wood industry partners from across the state to take part in the project. These critical partners support the building as an example of what can be done in the realm of modern wood construction.

U.S. Forest Service Chief Vicki Christiansen praises the wooden construction for it’s sustainability and the economic opportunities it creates.

“Every piece of timber from this building will be harvested from the state of Idaho,” says Isakson.

 

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LP To Curtail OSB Production In Texas

LP Building Solutions (LP) will indefinitely curtail oriented strandboard (OSB) production at its Jasper, Tex. facility beginning in October 2026 in response to soft demand. The Jasper facility has an annual production capacity of approximately…

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Freres Lumber Builds For The Future With New Mass Plywood Panels

by | Nov 29, 2018 | News

Freres Lumber Builds For The Future With New Mass Plywood Panels

 

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Tyler Freres, vice president of sales for Freres Lumber Co., walked through a new manufacturing plant between Mill City and Lyons, off of Cedar Mill Road, and pointed out a stack of wood panels destined for Oregon State University this week. “I don’t even think we’ve started to tap the products and the projects we can make out of this,” Freres said.

Freres Lumber Co.’s mass plywood panels were certified for use at the end of July, and the product is already being used in buildings and for other construction purposes. And Freres is thinking big. “We have quite a bit of projects in the works, probably 14 to 16 projects quoted,” said Freres, whose ideas led to the creation of the mass plywood panels by his family’s company.

The OSU shipment is the final delivery of the panels to be used in two new buildings that will form the Oregon Forest Science Center on campus, which is estimated to cost $80 million and scheduled to open in the fall of 2019.

The mass plywood panels will be used for the roof of the George W. Peavy Forest Science Center, and for the interior and exterior walls of the nearby A.A. “Red” Emmerson Advanced Wood Products Laboratory.

Both buildings are showcasing innovative wood products made in Oregon, and the mass plywood panels are the latest entry into the market. Freres Lumber was only the third United States producer of mass timber panels to meet the Engineered Wood Association’s standards.

From the Corvallis Gazette-Times: gazettetimes.com.

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LP To Curtail OSB Production In Texas

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Boise Cascade Selling Two Sawmills, P’Board Operations In Oregon To Woodgrain

by | Sep 14, 2018 | News

Boise Cascade Company has entered into an agreement with Woodgrain Millwork to sell its northeast Oregon lumber mills in Pilot Rock and La Grande and the particleboard operations in Island City. The planned transaction does not include Boise Cascade’s plywood mill or the powerhouse and log utilization center, based in Elgin, OR.

Woodgrain is a manufacturer and supplier with a diverse product offering including moulding, door shop products, and window parts, headquartered in Idaho. “The sale to Woodgrain allows us to further focus on our veneer-based engineered wood products and plywood businesses,” said Mike Brown, senior vice president of operations, Boise Cascade Wood Products division. “Woodgrain is a family-owned company with a solid reputation in the industry. The products manufactured at these northeast Oregon facilities are a good fit with their business strategy.”

“Being a fully integrated company in each step of our supply chain has become one of our core strengths as a company,” said Kelly Dame, Woodgrain CEO. “Being able to grow the Woodgrain Lumber division is a key step in growing as a company. We are excited about the opportunity it offers.”

The details of the agreement were not disclosed and the transaction is contingent upon the results of the due diligence process, which is expected to take approximately 60 days.

USNR Expands Oregon Veneer Operation

by | Aug 29, 2018 | News

USNR is expanding its operations in Eugene. The investment moves the existing operation to a new, expanded building that will be outfitted to meet the growing needs of USNR’s business.

The Eugene location is home to a team that supports and advances optimization and veneer handling activities. It is the U.S. base for USNR’s optimization technology, from hardwood, shop and moulding, and green lumber grade scanning, to veneer scanning and grading. From logs to lumber and blocks to dry veneer, the Eugene team has a key role in the development of innovations for the solid wood and engineered wood industries.

The new location encompasses more than 60,000 square feet, situated on 3.2 acres. The majority of the space will house electrical manufacturing, with the remainder for engineering, R&D and training facilities, warehousing and sales offices. The new location is expected to be operational in January 2019.

From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/usnr-expands-oregon-veneer-operation