West Fraser Purchases Norbord For $3 Billion
“Norbord’s OSB production is a perfect complement to the West Fraser portfolio, enabling us to deliver a wider range of wood products, and making us a more complete, efficient and valuable partner for our customers,” says Raymond Ferris, President and CEO of West Fraser.
Norbord operates 17 plant locations in the U.S., Europe and Canada, encompassing 15 OSB mills, one MDF plant, two particleboard facilities and a furniture plant.
West Fraser operates 34 sawmills in British Columbia, Alberta and the Southern U.S., as well as three plywood operations and two MDF facilities in Western Canada.
West Fraser will continue to be led by Ferris as CEO and Chris Virostek as CFO. Peter Wijnbergen, President and CEO of Norbord, will be appointed President, Engineered Wood, responsible for the company’s OSB, plywood, particleboard, MDF and veneer operations. Sean McLaren, currently West Fraser’s Vice-President, U.S. Lumber, will be appointed President, Solid Wood, responsible for all of the company’s lumber operations.
RELATED ARTICLES
Latest News
Jim Herold Retires From Rainier Veneer
Rainier Veneer, Inc., Spanaway, Wash., announced that Plant Manager Jim Herold retired the first of June after 25 years as manager. Previously Herold worked at Roseburg Forest Products where he was plant manager of the Dillard plywood mill. He began his career at RFP after graduating from Oregon State University in 1974…
West Fraser Announces Senior Leadership Transition Plan
Hank Ketcham, Chairman of West Fraser’s Board of Directors, announced that Ray Ferris, current West Fraser President and Chief Executive Officer, plans to retire on December 31, 2023. Ferris has been with West Fraser for over 26 years in increasingly senior positions culminating in his appointment as President and Chief Operating Officer in 2018 and as a director of the Company in 2019…
. . . And Back In The U.S.
Article by Rich Donnell, Editor-In-Chief, Panel World July 2023 – As has often been the case in my previous trips there, perhaps the leading topic of conversation at the Ligna show in Hannover, Germany in mid-May was the status of multiple new projects back in the United States, such as Roseburg’s new MDF plant in…
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!