TORONTO, Ont. – Norbord Inc. has resumed production at its OSB mill in High Level, Alberta after the evacuation order for the town of High Level was lifted. Production had been suspended since May 21 due to wildfires burning in the region.
The company said the curtailment is not expected to materially impact its second-quarter results, and the mill did not incur any damage. The High Level mill, which resumed operations in 2013, has a stated annual production capacity of 860 million square feet (3/8-inch basis). OSB is commonly used in structural building products, including wall sheathing, subflooring, stairs and joists.
Headquartered in Toronto, Norbord (TSX and NYSE: OSB) is reportedly the world’s largest producer of oriented strand board (OSB). Norbord also manufactures particleboard, medium density fiberboard (MDF) and related value-added products. The company has assets of approximately $1.9 billion and employs approximately 2,700 people at 17 plant locations in the United States, Canada and Europe.
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