Companies in the timber industry / Daily News / Global Trends / Wood Products / Wood-based panels / Global / North America
December 8, 2021
West Fraser completes OSB mill acquisition from Georgia Pacific
West Fraser Timber Co. Ltd. has completed the acquisition of Georgia Pacific’s oriented strand board mill near Allendale, S.C., for US$280 million. The company says the mill will give it the flexibility to better meet customer demand, particularly in the southeastern U.S. The mill, which began producing OSB in 2007, has been idle since late 2019. It has an estimated stated capacity of approximately 760 million square feet. West Fraser says it plans to spend an estimated US$70 million to upgrade and optimize ...
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