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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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
by Web Editor | Jan 9, 2017 | News
To be competitive in the wood products industry, companies must stay on the cutting edge. But to get to the forefront, wood products companies must invest in their production facilities to increase automation and efficiency, and to lower manufacturing costs, experts say.
“It’s a competitive market,” said Jon Anderson, president and publisher of Random Lengths, a wood products industry trade publication based in Eugene. “Unless people are investing in their plants, they’re going to fall behind and, ultimately, fall by the wayside probably in the tougher markets.”
In the past couple of years, Swanson Group in Springfield, Seneca Sawmill in Eugene, Weyerhaeuser in Eugene, and International Paper in Springfield have made major investments in their facilities totaling about $273 million. Such upgrades are part of a trend throughout the North American woods products industry, Anderson said. Wood products companies in the Pacific Northwest, Canada and the southern United States have improved their operations, he said.
The improvements can help firms capture market share during strong markets and allow them to stay afloat when the economy weakens. “It’s the more efficient, more productive producer that is going to survive the downturns,” Anderson said. “We’re not in a downturn now, but most of these operators have gone through ups and downs in their time, and they are going to get ready for the next one.”
Seneca Sawmill on Highway 99 in Eugene is nearing the end of a major facilities renovation, including the installation of new kilns, revamping its shipping and loading facility and expanding its log yard. Early this year, the company plans to upgrade its planer, the equipment that smooths lumber. By the time it’s finished, the firm will have spent $63 million on improving its operations.
From The Register-Guard: https://registerguard.com/rg/business/bluechip/35084194-62/competition-drives-mill-investments.html.csp