by Web Editor | Mar 21, 2018 | News
Egger Group, a wood-based materials supplier for the furniture, wood construction and flooring industries, broke ground on its North American corporate offices in North Carolina’s Davidson County. The Austrian panel producer says this is a critical step in expanding its U.S. presence to better serve North American customers.
The office building, which is scheduled for completion in early 2019, will house Egger’s North American future office staff. This building also lays the groundwork for future plant operations, which includes an ‘ultramodern’ particleboard manufacturing plant.
Construction of the plant is expected to start at the end of 2018 and production at the future facility is slated to begin in 2020. Sources report the 4.5 million-square-foot production facility will be spread across more than 200 acres in an industrial park. The first stage of the project will involve the construction of a composite panel plant with coating capacities. The company said the North Carolina plant will feature state-of-the-art facilities and will enable it to better serve customers in North America.The company also plans to establish a training center at this location to train and grow skilled workers in the region.
“Today, we celebrate a significant milestone for Egger’s presence in North America,” said Bernhard Vorreiter, technical project manager. “This groundbreaking is an important moment as we work to become a leading resource for wood-based solutions in North America.”
The office building will house approximately 80 workplaces and improve access for architects, designers, wholesalers and furniture industry customers to Egger’s wide range of wood-based products and cutting-edge designs.
From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/egger-group-breaks-ground-office-building-will-accompany-massive?ss=news,news,woodworking_industry_news,news,almanac_market_data,news,canadian_news
by Web Editor | Feb 7, 2018 | News
Panel producer Norbord has posted record earnings in 2017 for its worldwide business. The company also achieved record production at nine of its 15 mills, while the Inverness OSB expansion project was also completed.
Peter Wijnbergen, Norbord’s president and CEO, described 2017 as an outstanding year, with record adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of US$672m. “US housing starts continued to improve, led by stronger growth in the single-family segment, driving increased North American OSB demand and prices,” he said. “Our European business had another solid year due to record sales volumes and improved prices for all our panel products across our key markets.”
He highlighted “great momentum” moving into 2018, with demand in all its core markets remaining strong.
“Meanwhile, our European business is poised for improved earnings next year as OSB substitution for plywood drives accelerated demand growth in our core UK and German markets.”
In Europe, shipments increased 5% over the prior year, with its mills running at 99% of capacity in 2017. In local currency terms, full-year average panel prices improved 11% from 2016.
From Timber Trades Journal: https://www.ttjonline.com/news/strong-panels-markets-boost-norbord-earnings-6046604/
by Web Editor | Jul 26, 2017 | News
Egger Group has announced plans to build its first U.S. particleboard plant in Lexington, North Carolina. The Austrian-based panel producer will invest approximately $304 million for the first phase of the project, with the entire project expected to run about $700 million.
Construction is set to begin by the end of 2018, with production scheduled for 2020. The panel plant will create 400 direct jobs over the next six years, with an additional 370 jobs planned for later phases of the 15-year project.
The news was announced July 24, during a meeting with the North Carolina Governor Roy Cooper, representatives of local authorities, company co-owner Michael Egger and Walter Schiegl, Egger Group Management Technology/Production.
Sources report the 4.5 million-square-foot production facility will be spread across more than 200 acres in an industrial park. The first stage of the project will involve the construction of a composite panel plant with coating capacities. The company said the North Carolina plant will feature state-of-the-art facilities and will enable it to better serve customers in North America.
“The planned production location in Lexington, North Carolina will play a decisive role for Egger’s increasing presence on the North American market for wood-based materials, as well as ensure product availability and delivery speed for our customers,” Schiegl said. Egger’s panel products are used in the manufacture of a variety of items, including laminate flooring, cabinetry, residential and commercial furniture, and casework.
From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/egger-plans-700-million-particleboard-plant-north-carolina?ss=news,news,woodworking_industry_news,news,almanac_market_data,news,canadian_news
by Web Editor | Feb 9, 2015 | News
Uniboard announced it will invest more than $53 million at its Val-d’Or particleboard and thermally fused laminate (TFL) facility as part of the panel producer’s plan to increase productivity and upgrade key production areas.
The company produces particleboard, MDF and TFL from mills in Val-d’Or, Sayabec, Mont-Laurier and Laval. Uniboard’s composite panel products are used in cabinetry, furniture, casegoods and flooring.
In making the February 5 announcement, Uniboard President and CEO James N. Hogg said the project will enable the company to enhance its engineered wood and value-added product offerings. “Over recent years, Uniboard has invested heavily into product development, launching new color collections including North America’s first registered embossed thermofused laminate panels as well as expanding our successful NU Green range of low and no-formaldehyde products,” he added.
The company received assistance from provincial and federal agencies including Investissement Québec and Economic Development Agency of Canada for the regions of Québec.
Founded in 1976, Uniboard employs more than 800 people, including 186 at the Val-d’Or facility. The company says it has an installed capacity of more than 640 million square feet of raw particleboard, high-density and medium-density fiberboard, of which more than 50 percent is converted into value-added thermally fused laminate and laminate flooring products. Uniboard was acquired by Kaycan in 2012.
From Woodworking Network: https://www.woodworkingnetwork.com/wood/panel-supply/Uniboard-Invests-53-Million-in-Particleboard-TFL-Plant-290986351.html#sthash.DrmfgcDP.d3FU2JWJ.dpbs
