Roseburg Forest Products To Acquire Canada’s Pembroke MDF

by Web Editor | Mar 7, 2018 | News

Roseburg Forest Products To Acquire Canada’s Pembroke MDF

Oregon-based Roseburg Forest Products recently reached an agreement in principle with Pembroke MDF, Inc. to purchase Pembroke’s medium density fiberboard (MDF) and molding production facilities located in northeastern Ontario, Canada. Upon final due diligence and Board of Director approval, the parties expect the sale to close by April 9, 2018.

The acquisition will be Roseburg’s first international purchase and will continue the company’s expansion throughout North America. Roseburg is currently building an engineered wood products plant in Chester, S.C., and recently acquired 158,000 acres of timberland in Virginia and North Carolina.

“The Pembroke plant and its employees present untapped potential that can be used to better serve existing and future customers of our innovative and versatile MDF product line,” said Mark Avery, Roseburg Senior Vice President of Industrial Products and National Accounts. “It’s an exciting opportunity for Roseburg to move into the northeastern region and further diversify our operations and meet demand.”

Roseburg currently owns and operates an MDF plant in Medford, Ore., which produces the company’s Arreis, Medite, Medex, Permacore and Fibrlite product lines. “The addition of the Pembroke MDF plant means Roseburg customers will have access to a broader portfolio of products from a company with a demonstrated, long-term commitment to the industry,” said Jim Buffington, Roseburg’s Business Director for Industrial Products.

“While this deal represents an excellent strategic opportunity for the company, it also offers Pembroke employees and suppliers the promise of stability and consistency provided by Roseburg’s large manufacturing enterprise,” Roseburg President and CEO Grady Mulbery said. “This is a win-win for everyone involved, and we look forward to what the future will bring.”

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Polymer Solutions Group Acquires Michelman’s Wood Release Agent Product Line

by Web Editor | Aug 23, 2017 | News

A Polymer Solutions Group (PSG) company, Sasco Chemical, announced that it has acquired the wood release agent product line of Michelman, Inc., a supplier of release agents to the engineered wood market.

PSG is a manufacturer of specialty polymers and additives for the rubber, wood, consumer, construction, and medical industries. Michelman is a global developer and manufacturer of environmentally friendly advanced materials with surface additives and polymeric binders.

In 2015, Sasco opened a release agent production facility in Albany, Georgia and has expanded its business in the wood release agents market over the past several years by leveraging its core competencies around anti-tack products primarily sold into the rubber industry.

“The acquisition of Michelman’s Michem wood release agents will advance PSG’s strategic goal of growing its product portfolio of functional materials for the construction industry,” said Mike Ivany, president and CEO of PSG. “Specifically, this solidifies PSG and Sasco as a dedicated supplier to the engineered wood market and provides a platform to expand PSG’s presence into other technical and geographical areas.”

To ensure a smooth transition, Michelman will continue to manufacture the acquired products for PSG while the production capacity is increased at its production facilities. Over the next few months, Sasco’s wood products and the newly acquired products from Michelman will be integrated into PSG’s functional materials business segment and will be sold under PSG’s existing brand name, TechKote.

From Woodworking Network: https://www.woodworkingnetwork.com/news/woodworking-industry-news/polymer-solutions-group-acquires-michelmans-wood-release-agent

USNR Acquires Ventek

by Web Editor | Nov 11, 2016 | News

USNR Acquires Ventek

Officials with major panel industry vendor USNR have announced the acquisition of Ventek, Inc., an industry leader in veneer scanning, grading and handling systems for the plywood industry.

Based in Eugene, Ore., Ventek has designed and built vision-based and moisture-based grading solutions for veneer since the company was founded in 1991. From the very start, Ventek developed a reputation for having some of the best technology in the industry, and for many years the company has been the go-to choice for veneer scanning and grading solutions. Building on its expertise, Ventek formed an internal group to design and build green and dry veneer handling systems, and the group’s patented multi-point diverter is now the flagship product of Ventek’s veneer handling product catalog.

Chris Blomquist, USNR Senior Vice President for Sales and Engineering, commented, “Our customers on the lumber side of our business have long recognized the value of tightly integrated mechanical and optimization technology. With the addition of Ventek’s veneer scanning, grading, and handling solutions to USNR’s lathe, dryer, and downstream product portfolio, we now have an opportunity to bring this integration benefit to our customers on the plywood side of our business as well.”

Rodger Van Voorhis, formerly President of Ventek and one of its founders who has now joined USNR as Director of Sales for Veneer Systems, added, “I am thrilled to join the USNR team, and I am excited to see what we can do with our veneer scanning, grading, and handling products as part of a larger organization. I think there are going to be a lot of great opportunities to learn from each other—such as taking our plywood technology and applying it to lumber grading, and vice versa.”

“I am tremendously pleased that Rodger and the rest of the Ventek team have decided to join USNR to help us build the next generation of products for the plywood industry,” commented Alan Knokey, Vice President responsible for USNR’s plywood and panel business. “The people—the engineers, service technicians and guys who actually build the systems and everyone who supports them—they are the most important part of this transaction.”

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