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
Kronospan Announces Further Expansion At Alabama Site
Kronospan will begin construction of a new OSB manufacturing plant on its 460 acre site in Oxford, Ala. The new facility, employing 125, will have a footprint composed of 44 acres of new development, including substantial areas designated for product storage, rail spur and loading docks. Groundbreaking for the $350 million facility is scheduled for later this year…
Dates Announced For Ninth PELICE
The next Panel & Engineered Lumber International Conference & Expo (PELICE) will be held March 14-15, 2024, again at the Omni Hotel in Atlanta, Georgia. PELICE is hosted every other year by Panel World magazine and Georgia Research Institute. This will be the ninth PELICE since its inception 2008…
Panel World Gears Up To Exhibit At Ligna
Panel World magazine and its affiliates will be exhibiting at the upcoming international wood products fair, Ligna, to be held May 15-19 in Hannover, Germany. In addition to Panel World, the Hatton-Brown organization, which dates back to 1948 in Montgomery, Ala., today publishes five business magazines geared to the wood products industry…
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!