Norbord To Invest $135 Million In Scotland OSB Mill
Canadian firm Norbord has announced plans to invest £95m at its wood panels plant in the Highlands. It aims to double production at its base in Dalcross, near Inverness, to meet rising demand. Highlands and Islands Enterprise has also offered an £11m grant towards the proposed expansion. The factory produces oriented strand boards (OSB) which are used in the construction industry.
Alex Paterson, chief executive of Highlands and Islands Enterprise said: “We have been working very closely with Norbord on their development plans and are delighted to be supporting the company to invest so substantially in its Highland base.
“This development will put Norbord’s Inverness plant on a sustainable footing for decades to come, and is a huge vote of confidence in the company’s Scottish workforce.
“It’s worth noting that the positive impact of today’s announcement will be felt well beyond Inverness and the Inner Moray Firth. “Norbord is not only a significant local employer in its own right, it also plays an important strategic role in the region’s forestry sector and is a major user of haulage companies and port infrastructure.”
From STV News: news.stv.tv
Latest News
Arauco NA Expands TFL Operations
Arauco has announced that it will invest $20 million to expand its thermally fused lamination (TFL) operations at its state-of-the-art particleboard mill in Grayling, Mich. The new lamination line will be Arauco’s third TFL line at Grayling and will increase the…
Raute Appoints New President/CEO
Raute Corp.’s Board of Directors has appointed Mika Saariaho as the new President and CEO beginning in late November. He will join Raute from Metso Outotec Corp. where he holds the position of Senior Vice President. Saariaho succeeds Tapani Kiiski who left…
Bakelite Synthetics Completes GP Chemicals Purchase
Bakelite Synthetics has completed the previously announced acquisition of Georgia-Pacific’s chemicals business (Georgia-Pacific Chemicals). With this acquisition, and after more than 100 years…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!