norbord

Canadian News

Louisiana-Pacific, Norbord swap OSB mills

Louisiana-Pacific Corp. and Norbord Inc. have agreed to swap OSB mills in Quebec. The asset exchange transaction is expected to close in early November. Norbord is transferring ownership of its mill in Val-d’Or, Quebec to LP in exchange for LP's OSB mill in Chambord, Quebec. Both mills are currently shuttered.

Canadian News

Norbord suspends OSB mill indefinitely

Norbord Inc. announced that the Quebec Minister of Forests, Wildlife and Parks has terminated the wood license associated with its curtailed Val-d’Or, Quebec OSB mill. Production at the Val-d’Or mill was indefinitely suspended in 2012 following persistently weak North American housing market conditions and lower demand for OSB.