Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Europe / Global / North America
October 8, 2019
Norbord to reduce OSB production due to lower demand
Since September 5th Norbord has reduced production at Line 1 of its Cordele, Georgia OSB mill. At this location Norbord operates two OSB lines. The decision to operate Line 1 on a reduced 10/4 schedule until further notice is due to continued poor market conditions. US homebuilding activity has been pulling back since the fall of last year, resulting in lower-than-anticipated OSB demand to-date. The reduced production schedule at Cordele Line 1 will ensure Norbord continues to only produce what the company can sell as the market approaches ...
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