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
APA Names New Chair, Vice Chair; Trustees Join Board
A new chair, vice chair and two new members have been elected to APA-The Engineered Wood Assn.’s Board of Trustees. Ashlee Cribb, vice president of wood products for PotlatchDeltic Corp., has been elected to serve as chair on APA’s Board of…
Panel Industry Checks Into TP&EE
While traditionally known as a sawmill show, the recent Timber Processing & Energy Expo experienced a healthy turnout from producer companies that also participate in the structural panel and engineered wood products sector, including the likes of ATCO Wood Products, Boise Cascade, Coastland…
APA Honors Tony Vuksich
APA—The Engineered Wood Assn. presented Tony Vuksich the 2022 Bronson J. Lewis award during the APA Annual Meeting held October 15-18 at the J.W. Marriott Turnberry Resort in Aventura, Fla. The award is named in honor of the late Bronson Lewis, who served for 24 years as secretary and then executive vice president of the association. The award recognizes individuals for their leadership and outstanding contributions to the engineered wood 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!