Composite Panel Association's New Board Reflects Merger Trend

By Rich Christianson | Posted: 01/11/2013 11:55AM

 

The wood panel companies represented by the new executive board of the Composite Panel Association reads like a who's who in mega mergers and acquisitions of 2012.

The list starts with Bryan Wilson, sales and marketing manager of Temple-Inland, who assumed the role of CPA chairman effective Jan. 1. Temple-Inland's particleboard and MDF division was the subject of not one, but two buyouts last year. Temple-Inland's wood and packaging divisions were acquired by International Paper in February 2012. Last month, International Paper announced it would sell Temple-Inland's 16 wood and wood composite panel operations to Georgia-Pacific Corp. for $750 million.

Wilson succeeds James Hogg, CEO and president of Uniboard Canada, who is serving as immediate past chairman of the CPA Board of Directors. Uniboard Canada was also the subject of a blockbuster buy-out last year. Pfleiderer, parent company of Uniboard Canada, sold the Laval, QC-based panel maker to Kaycan in the fall.

Next up is Kelly Shotbolt, president and CEO of Flakeboard, who is now serving as vice president of the CPA Board. Flakeboard sold its particleboard, MDF and thermally fused laminate facilities in the U.S. and Canada to Arauco for $242.5 million last year. In an earlier separate transaction, Arauco bought Uniboard's MDF and thermally fused laminate operations in Moncure, NC, from Germany-based Pfleiderer.

Rounding out the CPA's executive board is Grady Mulberry, vice president of manufacturing for Roseburg Forest Products. Roseburg is the only company represented on the executive board that did not change owners last year. The company did, however, acquire Flakeboard's particleboard plant in Simsboro, LA, in late 2011.

While the complexion of the 2013 CPA executive board reflects the seismic shift in ownership of the wood composite panel industry's top players, it also points to the high regard the new owners have in retaining leaders such as Wilson, Hogg and Shotbolt to play key leadership roles in the future success of their new assets.

Recent Blogs Posted by Rich Christianson

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Guest Blogs Welcome
Got a viewpoint you would like to share with our online woodworking community? Woodworking Network welcomes guest blogs from wood products professionals. Submit your opinions to Rich Christianson, Editor at Large, at rchristianson@vancepublishing.com.

 

About the Author

Rich Christianson

Rich Christianson is Associate Publisher and Editor at Large of Woodworking Network. During his 25+ years covering the wood products industry, Rich has toured hundreds of manufacturing plants throughout North America, Europe and Asia. His reporting has covered everything from the state of the industry and impact of wood imports to technology and environmental issues. In his current capacity he is responsible for editing the daily Woodworking Network Update newsletter and coordinating events including the annual Cabinets & Closets Conference & Expo and Canada’s biennial Woodworking Machinery & Supply Expo. He can be contacted at rchristianson@woodworkingnetwork.com or follow him on Google+.

Read more of Rich Christianson's blogs.


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