West Fraser Buys OSB Mill
An oriented strandboard plant in Allendale, SC will now have its third ownership since starting up in 2006. West Fraser Timber Co. Ltd. is purchasing the facility from Georgia-Pacific for $280 million. The Allendale facility has been idle since late 2019 when GP shut it down citing market conditions. The plant has an estimated annual production capacity of 760MMSF (3/8 in. basis).
West Fraser intends to invest $70 million to upgrade and optimize the facility in preparation for a restart in nine months. The mill is expected to employ 135. West Fraser states the mill will be one of the lowest cost mills in the company’s OSB portfolio after the optimization is completed and the mill has ramped up to full production, a process that it says typically takes 18-24 months after restart.
In 2005 Ontario-based Grant Forest Products announced it would invest $400 million in building two OSB mills in South Carolina, one in Allendale and the other in Alcolu in Clarendon County. When the U.S. economy went into a recession Grant sold the two OSB plants to Georgia-Pacific in 2010. In 2019 GP idled the Allendale OSB facility along with a sawmill in South Carolina.
Early this year West Fraser entered the OSB arena when it completed the purchase of Norbord Inc., the world’s largest OSB producer, for $3.1 billion. Norbord operated 15 OSB mills in the U.S., Europe and Canada. West Fraser was known primarily as a sawmill company, while operating a handful of non-OSB panel facilities.
GP continues to own five OSB plants in North America.
RELATED ARTICLES
WEST FRASER PURCHASES NORBORD FOR $3 BILLION
Latest News
Georgia-Pacific Camden Plywood Invests $18 Million
It was in the late 1800s when the small community of Camden, Tex., welcomed its first forest products mill. What began as the W.T. Carter Lumber Co. is today one of Georgia-Pacific’s largest plywood operations. To ensure its longevity for years to come, Georgia-Pacific is embarking on a $18 million upgrade that will modernize the plant and help increase efficiency…
Roseburg Makes Major Decision
Roseburg Forest Products, which announced in April a $700 million investment over the next four years to expand operations in southern Oregon, including a $450 million MDF plant in Dillard, Ore., has selected Siempelkamp as the primary supplier of the MDF plant, including a 10 ft. x 42.1 m ContiRoll continuous press. The companies noted that in 1969 Siempelkamp supplied Roseburg Lumber with its very first composite panel press line…
APA Board Adds Beers As Trustee
APA, The Engineered Wood Assn. Board of Trustees has added John Beers III as its newest member. He joins the APA Board of Trustees, filling the position vacated by Andy Konieczka’s resignation and move to a new role within Georgia-Pacific. Beers currently serves as the president of the structural panels business at Georgia-Pacific…
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!