Rosboro Announces Upgrade Investment
Officials with Oregon-based Rosboro, North America’s largest producer of glulam products for the housing market, recently announced plans to spend about $120 million to build a new sawmill and glum plant and expand drying operations at its Springfield facility. Rosboro Vice President of Marketing and Strategic Development Brian Wells said the investment will allow the company to better support the market while investing in the future. He added that the dry-kiln expansion is almost complete, and both mills should be operational by the end of 2026.
In February, Rosboro laid off 25 workers when closing its stud mill in Springfield. Wells said the company will now retool the mill to better support the glulam side of the business with increased high quality lam stock production to go along with traditional lumber production.
Latest News
Endowment Welcomes New Board Members
U.S. Endowment for Forestry and Communities announces that Fritz Mason, Paul Hossain and Anna Torma were elected as new directors at the organization’s fall board meeting. “Drawing upon diverse backgrounds, they each bring a distinctive perspective and unique vision. We look forward to collaborating with them to further the mission of the Endowment,” comments Pete Madden, President and CEO of the Endowment.
FPIC At Louisiana Tech Receives Donation
Martin Sustainable Resources LLC of Alexandria, La. has donated $1 million to Louisiana Tech as a leadership gift toward construction of the University’s new Forest Products Innovation Center (FPIC), with the assurance of another $1 million to be presented by this June. The Center will be on South Campus and provide space for a transdisciplinary approach to solving the challenges…
Kadant Completes Key Knife Acquisition
Kadant Inc. has completed its previously announced acquisition of Key Knife, Inc. and some of its affiliates for approximately $156 million in cash, subject to certain customary adjustments. The acquisition was financed primarily through borrowings under Kadant’s revolving credit facility. Key Knife, a global supplier of engineered knife systems for custom chipping, planing, and flaking solutions for wood product industries, is headquartered in Tualatin, Ore. with…
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